The partnership will allows development of a portfolio and trading solutions system which will be sent to clients by the first quarter of 2018.

Swiss-based Falcon Private Bank has partnered with Move Digital, a provider of digital asset management and investment advisory systems.

The investment into Move Digital highlights how banks are increasing their profiles into the burgeoning sector of financial technology to improve their customer relations.

Falcon and Move Digital will further develop Move Digital’s sophisticated offering in portfolio and trading solutions, which is planned to be sent to clients by the first quarter of 2018.

Falcon said, in a statement, the partnership will allow it to focus on “shaping a unique experience for a demanding community empowered by individual excellence and world-class digital intelligence”.

The move will grant Falcon access to Move Digital’s digital platform that uses technology to provide intelligent and fast deployment of data, news, research and products. This will allow its relationship managers to provide clients with the next level of personalised advice based on leading technology.

The partnership includes a minority equity investment of Falcon into Move Digital. 

“We are delighted to start our first major partnership with Move Digital,” Arthur Vayloyan, global head products and services, said. “Falcon acts as early adopter of Move’s products and services and we are excited to further develop them in close cooperation with Move Digital and its high calibre team. We are convinced that these new technology driven state-of-the-art solutions increase our attractiveness and have a positive impact on our organisation and growth."