True Wealth

True Wealth is a Swiss Fintech that specializes in online wealth management. The company's goal is to bundle their investment expierence and making methods of scientific portfolio management available to a large number of clients. To do so, the company focuses on a digitization strategy and avoids cost-intensive analog processes.

About True Wealth

True Wealth logo

Founded in 2013 by Oliver Herren, founder of digitec Galaxus, and Felix Niederer, physicist and portfolio manager, True Wealth revolutionized wealth management by introducing a scalable, easy-to-use and affordable online wealth management platform (aka robo advisor) that offers outstanding diversification and global participation even for smaller portfolios.

 

Their vision is to combine their asset and wealth management expertise with scientific methods of modern portfolio theory, offering an online wealth management platform that is easy to use, transparent and cost-efficient.

 

True Wealth is an independent wealth manager licensed by FINMA to manage occupational pension schemes and is also subject to its direct supervision.

Solution overview

designer hand working and smart phone and laptop on wooden desk in office with london city background

Advanced electronic signing using a Swiss mobile number

Experience has shown that customers prefer to access True Wealth's financial services in the evening or on weekends, making video identification with its limited service hours for onboarding problematic. Outsourcing the process was not an option for True Wealth, as they wanted to integrate a solution into their platform for maximum customer convenience and to have sole controle. Swisscom Trust Services' fast-track solution available within Signing Service allows customers to get identified and make a clear declaration of intent via SMS with an advanced electronic signature. By creating a hash from the PDF, Swisscom signs it without accessing the document's content. A one-time password is sent via SMS to customers with a valid Swiss SIM card, allowing them to approve contract signing. Swisscom checks in the background the code and issues an electronic certificate. True Wealth adds the electronic signature to the PDF using the signed hash, enabling quick and automatic contract conclusion.

More details about True Wealth

True Wealth contact

True Wealth AG

Grubenstrasse 18, 8045 Zurich, Switzerland

Connect with True Wealth
Partner Tags

Digital onboarding

Active industries

Financial services

Fintech

Wealth management

Reference story

True Wealth relies on fast track from Swisscom Trust Services to digitize its processes

Customer expierence without media discontinuity increases the conversion rate and speeds up contract conclusions: With the fast-trach procedure, users identitfy themselves via their Swiss mobile number for the advanced electronic signature.

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