FlowBank launches investment and trading platform FlowOne
Geneva, Switzerland based online bank and trading firm startup FlowBank has announced the launch of its new investment and trading platform FlowOne.
This fully digital solution by Switzerland’s newest bank allows investors and traders worldwide to access a broad range of asset classes via a unique multi-currency bank account.
FlowBank’s FlowOne platform is based on technology from banking and trading software developer Temenos (SIX:TEMN). We had earlier reported that FlowBank has selected Temenos Transact delivered as SaaS to power its new Swiss digital bank.
“We present the ultimate next-generation investment solution. Our clients have never been able to invest more intuitively – now they can get in the flow within an instant,” promises FlowBank’s founder and CEO Charles-Henri Sabet.
FlowBank, the newest online bank in Switzerland has started operations and has said that it is setting out to create a novel online banking and trading experience. Making investing seriously simple, FlowBank presents “FlowOne”: Via a single multi-currency account, both private and professional investors have secured, convenient and attractively-priced access to all conceivable product and asset classes. Among others, these include shares, bonds, currencies, commodities, ETFs, futures, warrants in cash and CFDs.
Soon, clients at FlowBank will be able to trade investment funds and structured products. The company said that all customer service based exclusively in Switzerland.
To meet the need of the modern trader to invest at any time and from anywhere, “FlowOne” is available through an app, a laptop, or on computer. Orders can be placed from the safety of the client’s home or office, and equally as easily on the road. If questions arise, the customer service, which is located exclusively in Switzerland, provides assistance 24 hours a day. This avowal underlines FlowBank’s commitment to Switzerland as a business location.
The company also said that in the coming weeks and months, the bank’s clients will be able to benefit from many more services, such as a classic bank account solution and a credit card introducing the flow to their pockets.
FlowBank also said that it will introduce fractional shares trading – a first in the Swiss online broker market. By giving investors the opportunity to trade shares for a fraction of their value, FlowBank said it plans to deliver on its promise to democratize online trading. In Charles-Henri Sabet’s words:
“You will be able to buy Lindt & Sprüngli shares for the price of a chocolate bar.”