Fintech Nucoro has completed its first wealth management project in the insurance sector. It helped Swiss insurance broker Swiss Risk & Care (SRC) to develop a wealth management product that went live in Q3 2019.

Launching under a new brand, Opsion, SRC was able to add an additional revenue stream and new clients. It can now operate as a disruptive challenger in the retail asset management sector.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Nucoro worked with SRC to launch two business units, Opsion 3a and Opsion Vested Benefits, a digital wealth management solution with full back-end automation.

The solution includes Robotic Process Automation (RPA) applied to data-related tasks. In addition, onboarding time has been reduced to close to ten minutes.

Furthermore, Opsion’s brokers can working in an open architecture containing mutual funds, ETFs and index funds. The entire user journey is automated from onboarding through to billing and clients have a tailored user experience.

Lennart Asshoff, CEO, Nucoro, said: “We were very happy to assist Opsion with their project to find new digital capabilities in a highly competitive market. We worked together with their team to define the exact solution they needed, within a workable timeframe. Today, Opsion benefits from an advanced digital wealth management arm, that can engage new clients and revitalise relationships with existing ones too.”

Pascal Payot, managing director, Opsion 3a and Opsion Vested Benefits, added: “We had been looking for a solution provider who could fit our digital ambition. The solution needed to be flexible, highly user-friendly for both clients and brokers and be able to manage the associated administrative burden effectively. Naturally, minimising the need for increased headcount was also a big part of our criteria. Nucoro were able to deliver the digital platform we were looking for.”

SRC is a subsidiary of SIACI Saint-Honore, an insurance broker in Europe with more than 3,000 employees and 2.5 million customers.