Private Banker International (PBI) has announced the winners of the 2016 Private Banking Switzerland Awards.

The award ceremony was held in conjunction with the Private Banking: Switzerland Conference at the Marriott Hotel in Zurich on 8th December.

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The inaugural, Switzerland-focussed Awards revealed winners across 7 different categories. The winners were selected by an independent judging panel and PBI Editorial team members.

Bank Julius Baer & Co was named Outstanding Private Bank/Boutique Bank Switzerland – Domestic player 2016, while BNP Paribas (Suisse) won the award for Outstanding Private Bank Switzerland – International player.

The Outstanding Family Office Proposition in Switzerland award went to Bedrock Group, while Avaloq took home the Outstanding Wealth Management Technology Provider in Switzerland (Vendor award – middle and back office) award.

Qumram were the winners of the Outstanding Front-End Digital Solutions Provider (vendor) award, and the Outstanding UHNW Offering in Switzerland award went to Citibank Switzerland. Editor’s choice award for Innovative Wealth Management Technology Platform in Switzerland (bank) went to Millennium Banque Privée.

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Meghna Mukerjee, editor of PBI, commented: “The Swiss market could be considered the bedrock of the private banking industry and it was only a matter of time before we launched a set of awards dedicated to this country. Institutions around the world continue to look towards Switzerland as the most crucial global wealth management hub and the success stories in this region must be recognised and felicitated.

“The award winners this year exhibited a clear direction in their strategies and truly honed in on their strengths as institutions. These players are shaping the future of the private banking industry in Switzerland and have demonstrated their worth through their excellence, expertise and unique initiatives.” 

PBI Switzerland Awards 2016 winners:

Outstanding Private Bank/Boutique Bank Switzerland – Domestic player

Winner: Bank Julius Baer & Co Ltd

Outstanding Private Bank Switzerland – International player

Winner: BNP Paribas (Suisse) SA

Outstanding Family Office Proposition in Switzerland

Winner: Bedrock Group

Outstanding Wealth Management Technology Provider in Switzerland (Vendor award – middle and back office)

Winner: Avaloq

Outstanding Front-End Digital Solutions Provider (vendor)

Winner: Qumram

Outstanding UHNW Offering in Switzerland

Winner: Citibank Switzerland

Editor’s choice: Innovative Wealth Management Technology Platform in Switzerland (bank)

Winner: Millennium Banque Privée