Advancing client engagement through digital innovation and effortless onboarding

The Swiss private bank embarked on a strategic initiative to overhaul its digital infrastructure, aiming to introduce state-of-the-art e-banking and mobile banking solutions.

Industry

Finance, Wealth Management

Solution Customer validationDesignDiscoveryUX audit Year

2023

Challenges

The Bank encountered opportunities for improvement in streamlining its onboarding process and updating its digital platforms, alongside a strategic aspiration to refresh its brand. In response, it proactively embarked on a transformation journey to enhance client engagement and establish itself as a contemporary leader in the banking sector, embracing the shift towards digital innovation.

Approach

Extensive user research informed our decisions, allowing us to understand and address the diverse needs of our audience. By prioritizing user-centricity, streamlining workflows, and embracing sophisticated design elements, we aimed to elevate the overall banking experience, ensuring a seamless and intuitive journey for every user.

Solution

Clients often deal with substantial financial portfolios, requiring robust security measures to protect sensitive information and financial transactions. We created the application with a key features in mind:

• Security and Privacy
• Focus on Managing Complex Financial Portfolios
• Regulatory Compliance
• Concierge-Level Service
• Technology Integration

Designing an application that can handle a wide array of investment instruments, asset classes, and financial planning tools while ensuring ease of use is a delicate task.

Simplified Digital Onboarding

The onboarding redesign focuses on a paperless, efficient digital capture of personal details and risk profiles. It streamlines client entry with an intuitive interface for data input and creates personalized risk assessments to inform investment strategies.

Investment objectives & Portfolio Customization

Offering dynamic tools for clients to tailor their investment strategies. It enables clients to engage with various financial scenarios and make well-informed decisions, supported by real-time analytics and market insights.

Account Activation and Support

Seamless account opening is coupled with meticulous monitoring and dedicated support. Once accounts are active, clients receive continuous oversight and direct access to advice, ensuring a guided experience in managing their financial portfolios.

Wealth Overview and Analytics

Comprehensive wealth overviews with real-time analytics, providing insights into financial standing and performance of investments.

Personalized Dashboards

Customizable dashboards that allow to view and manage the diverse financial portfolios, including investments, assets, and liabilities, in a consolidated and personalized manner.

Advanced Security Measures

Enhanced security features, such as biometric authentication, multi-factor authentication, and encryption, to ensure the utmost protection of sensitive financial data and transactions.