- Pioneering Swiss fintech strengthened position in
domestic
and international markets
- Automated dividend forecasting feature introduced to wealth
platform, alongside more than twenty upgrades to
existing functionalities
- Strong commitment to the industry community by enhancing
business development programmes and communication
activities
ZUG, Switzerland, July 3, 2024
/PRNewswire/ -- Altoo AG, a fintech empowering
ultra-high-net-worth individuals, family offices, and investment
professionals to easily understand every aspect of the complex
wealth under their care, announced that its commitment to client
satisfaction and innovation has taken the company to new heights in
2024. The company made further progress in implementing its
business development strategy and consistently pushed ahead with
its innovation projects for the Altoo Wealth Platform.
High satisfaction among growing client base
Since the start of this year, Altoo has welcomed new clients in
six countries across three continents and maintained an
industry-leading client retention rate.
The substantial growth momentum was primarily attributed to the
first six months of the year, which saw a double-digit increase in
new clients. The company received an impressive 98% customer
satisfaction score from respondents to a survey conducted this
March. The ability to effortlessly view all of their assets in
one place was rated by 93% of respondents as the Altoo Wealth
Platform's main selling point and the top benefit of utilising
this digital wealth management solution. In addition, 64% of
respondents indicated that Altoo's servicing team exceeded or
greatly exceeded their expectations.
Besides the continuous growth and investment into the platform
Altoo welcomed various new team members to support the continued
growth and ensure service and support levels remain as high as of
today with expected additional asset volume and overall
clientele.
Enhancements to the flagship product
As of this May, the Altoo Wealth Platform – the company's
primary offering, recognised by Forbes for four years running
as one of the best family office software solutions – featured
automated dividend forecasting. Altoo clients now have an
easy way to incorporate upcoming securities dividend payments into
their cash flow and liquidity planning. This new feature is one of
over twenty technical improvements rolled out during the
first half of this year, including enhanced capabilities for
monitoring cash flows as well as tagging and filtering asset
records.
"These recent upgrades are the latest examples of how we strive
to put clients' needs in the center. Our primary objective is to
make managing complex wealth simple for our clients. We want to
continuously deliver an even better user experience and strengthen
our foundation for future innovation," explains Ian Keates, CEO of Altoo AG.
Meeting industry and client communication needs
Under the guidance of Ian Keates,
a highly experienced technology leader and strong advocate for open
finance solutions, Altoo AG has been actively focusing on business
development plans, striving to meet the needs of its industry
community, and increasing awareness about digital wealth management
solutions.
The company attended the Europe Investment Family Office Summit
2024 in Lausanne, Switzerland, and
the SFO Week in London, to talk
about important industry issues besides connecting to peers and
customers.
To continue finding new ways to apply Altoo knowledge, the Altoo
Insights Podcast series debuted this March. Its goal has been
to shed light on the influence that digitalization and affluent
individuals' evolving expectations have on the wealth management
industry. In particular, in the first episode, Ian Keates stressed the importance of investing
in modern technology to improve and personalise the client
experience.
About Altoo AG
Altoo is a wealth management fintech founded in 2017 and
headquartered in Zug, Switzerland.
The company's flagship product, the Altoo Wealth Platform,
aggregates wealth data from multiple sources to deliver
comprehensive wealth analysis, performance and reporting. It is a
modern and sophisticated, highly secure, SaaS platform, 100% Swiss
developed and hosted. Altoo AG was named among the best providers
of Family Office Software by Forbes Magazine and a Top 5 Growth
Startup at the Swiss Fintech Awards in 2023. Constantly seeking new
ways to simplify complex wealth for clients in over 20 countries,
Altoo AG recently partnered with Divizend GmbH to optimise the
Altoo Wealth Platform's cash flow and liquidity planning
features.
Additional resources:
Company website: The Altoo Wealth Platform | Altoo AG
Corporate Blog Altoo Insights: Insights | Altoo AG
Newsletter Subscription: Subscribe | Altoo AG
Media Enquires: Media Enquiries | Altoo AG
Media Contact:
Alexandra Sabolova
+41 78 311 5625
Logo -
https://mma.prnewswire.com/media/2244340/Altoo_logo.jpg
View original content to download
multimedia:https://www.prnewswire.com/news-releases/swiss-fintech-continues-robust-growth-and-innovation-during-the-first-half-of-2024-302188943.html
SOURCE Altoo AG