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Prometeia opens branch in Zürich to consolidate presence in the Swiss market

Prometeia, the global leader in risk, wealth-tech management and performance management software solutions and consulting, is opening a new office in Zürich to serve as operational hub for the Swiss market.

The Swiss branch - led by Prometeia's Senior Manager Carmine Cammarota - is the latest edition to the list of the international operational hubs already established in Milan, Rome, London, Istanbul, Moscow and Cairo.

The opening of the Zürich branch signifies Prometeia commitment to Switzerland and Germany and confirms the consolidation of an experienced local team specialized in wealth management front office digitalization.

In Switzerland the presence of Prometeia is growing rapidly, through the offering of personalized, customer-centric, omni-channel front office and data analysis services.

Prometeia’s internationally acclaimed Digital Wealth Management platform, PFTPro, provides complete support across the spectrum of users, providing sophisticated tools and analytics to experienced HNWI-focused advisors as well as highly automated robo-advisory models to self-service clients, leveraging cutting-edge machine-learning methods. Prometeia’s Data Analysis Service (DAS) provides raw and processed market data and analytics, including risk, classifications, breakdowns and a variety of ex-post indicators. Prometeia’s Enterprise Risk Management solution, ERMAS, is a fully integrated platform that supports Balance Sheet Risk Management, Regulatory & IFRS Compliance, Performance Management & Control, Credit Risk Analysis and Credit Decision Management. It is used by 200+ clients in more than 20 countries to support managerial decision-making and compliance with local and international regulatory requirements.

The Prometeia Switzerland team includes subject matter experts and consultants with a deep understanding of the Swiss banking sector, business needs and regulatory environment, including FIDLEG.

Michele Leoncelli, Senior Partner and Head of International Business for the Wealth & Asset Management area at Prometeia: “Combining the experience of our international advisors, who bring industry best practices from other markets, with the support of local consultants who understand the Swiss context, Prometeia aims to become the ideal partner for Swiss financial institutions looking to transform their wealth management technology and processes. The opening of the Zurich branch will allow us to be even closer to our customers and proactively fulfill their market-specific needs.

The legal name of the branch is “Prometeia S.p.A., Bologna, Zürich Branch”.

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