It all began with the idea of making the daily work of an asset manager easier in terms of client, portfolio management, and reporting. Our challenges are not always straightforward but we tackle them gradually and yesterday we were able to celebrate another great success. At the ‘Wealth Briefing Swiss Award 2020’ in Geneva we were selected as the winner in two categories: ‘Best Innovative Fintech Solution’ and ‘Best Data Provider’. We feel both honored and very proud of what we have achieved so far. Our journey continues, because we want to develop more, make lasting changes, and challenge the status quo.
ONE PM has launched a new product, designed and tailored in functionalities and pricing for smaller to mid-sized Independent Asset Managers (IAM) in Switzerland. Client responses are very positive so far and with the successful onboarding of the first client within less than two weeks, ONE PM has proved that the setup process is as lean as the product itself.
“ONE PM go!” includes the following key features at a fixed rate:
- Ready-to-use portfolio management – Fully predefined and ready to use portfolio management environment at most competitive rates for up to 3 users.
- Full CRM functionality – All features an IAM needs around the core of its business: servicing clients professionally.
- Full asset consolidation & reconciliation service – up to 3 banks and 50 automated portfolios & 100 money accounts can be integrated.
If needed, additional users, banks and portfolios can be added at some extra costs. Alike the all-in-one asset management platform “ONE wealth”, “ONE PM go!” includes full IT infrastructure & secure segregated data hosting, two factor authentication and is backed by 24/7 monitoring service.
Curious About “ONE PM go!”? Click HERE
Following the Annual General Meeting, ONE PM welcomed Florian Gutzwiller and Peter Schweighofer as new members of the Board of Directors. We are pleased to announce a further strengthening of the ONE PM management team – as Christian Egli joins us in the capacity of Chief Executive Officer.
As of September 2018, Christian Egli has taken over the role of ONE PM’s CEO. Tobias Widmer who was the former CEO, has taken on the role of Chief Operating Officer. Further, Pascal Vaucher has withdrawn from operations of ONE PM and will focus his energies on his role as Chairman of the Board of Directors.
«I’m really looking forward to the challenges at ONE PM. The product is based on a rock-solid, scalable core and has tremendous potential. Now it’s time to pack it smart and convince the world of its usefulness. A diamond that requires skillful smoothing…»
We are delighted to welcome Christian Egli to our team. He has extensive experience in strategy development and change management. Under the leadership of Christian Egli, ONE PM will further sharpen its vision of the future and pursue its goals in a focused and structured manner. Chritian’s agenda also includes the development and expansion of existing corporate structures.
Press Release [in German only]
The new composition of the board of directors was determined at the annual general assembly on 7th of June in Zurich. The board also welcomed Andreas Ahlm – who is the third founding member of ONE PM, as he joined the board of directors. Florian Gutzwiller and Peter Schweighofer, further strengthen the board with their years of experience and knowledge. Both Florian and Peter are well-known, highly experienced, successful, and well-networked personalities within the start-up and fintech community. In addition to their valuable experience and network they bring in a clear vision of the future into the company.
«ONE PM is a highly focused – zero bullshit- Fintech start-up. I got to know ONE PM as a customer of Open Systems AG and I am proud to contribute my experience in XaaS, scalability and corporate culture to ONE PM.»
«I look forward to a successful cooperation with ONE PM, and my sentiments are expressed perfectly through a quote from Henry Ford when he says: ’Coming together is a beginning; keeping together is progress; working together is success’»
In addition, Pascal Vaucher will withdraw from the operations of One PM AG. The position of Chairman of the Board of Directors will be transferred from Tobias Widmer to Pascal Vaucher – who takes on as the new chairman of the board.
We are pleased to announce that ONE PM’s customer base has increased with the addition of the renowned INVESTAS AG (investas.vfischer.ch) – one of the larger asset managers based out of Switzerland. INVESTAS AG has decided to work together with ONE PM AG, after successful completion of the onboarding process.
“There is currently hardly a better provider than ONE PM in terms of implementation competence and simplicity and clarity of structure. ”
Under the GDPR (General Data Protection Regulation), a company is required to enter into certain contractual clauses if it delegates the processing of personal data to another party (i.e. the processor). This applies if either the company (i.e. the controller) or the processor is subject to the GDPR.
Depending on how the law is interpreted, companies alike Open Systems can be considered a processor of its customers in certain limited situations. Even though the existing setup of One PM with Open Systems already contains provisions that guarantee highest level of security, one may find these clauses not sufficient for certain formal requirements of the GDPR.
For that reason, Open Systems and One PM are upgrading their contractual relationship with data protection terms, in view of the new requirements of the GDPR.
Are the business models in Asset Management changing?
Are future Asset Management Services going to be supplied by independent platform providers instead of Swiss Banks?
These are some of the key questions that Florian Lütolf puts forward in his master thesis of Advanced Studies in Bank Management at HSLU Lucerne University of Applied Sciences and Arts.
The ever increasingly regulatory requirements on external Asset Managers are impacting their business models around the globe in the financial industry.
Financial constraints on Asset Managers makes the need for efficient tool-based assistance vital to reduce costs.
This support can be provided not only by Banks, but also by cost-effective independent Portfolio/Wealth Management software providers like One PM AG.
One PM is the first SWIFT Alliance Lite2 for Business Applications partner that addresses the asset management customer segment.
The SWIFT Community Cloud offering continues to attract a growing and diverse range of customers, both direct and through third party business application providers. Zurich-based One PM, a cloud-based portfolio management platform for asset managers, is the first SWIFT Alliance Lite2 for Business Applications partner offering a portfolio management system that addresses the asset management customer segment.
“Offering our application as a cloud-based service is an integral part of our strategy”, CEO Tobias Widmer explains. “As the industry faces many regulatory challenges and rising costs, a cloud-based solution allows the asset manager to reduce costs, simplify IT infrastructure and focus on the core of its business.”