3rd-eyes analytics AG: Company Profile

Background

Overview

3rd-eyes analytics AG, established in October 2015 and headquartered in Zürich, Switzerland, is a pioneering firm in the wealthtech industry. The company specializes in providing digital wealth management solutions that integrate clients' financial goals, personal values, and sustainable investment preferences into personalized investment strategies. Their platform is designed to empower financial institutions to deliver goal-based, hyper-personalized, and sustainable investment advice.

Mission and Vision

The mission of 3rd-eyes analytics is to enable individuals to achieve their financial dreams by offering a realistic picture of their future wealth, addressing life risks, and promoting sustainable investment practices. Their vision is to transform the wealth management and insurance industry by providing modern, interactive, and omnichannel advisory solutions that are white-label, easily customizable, and available as Software-as-a-Service (SaaS) or REST APIs.

Industry Significance

Operating within the financial services, fintech, and insurtech sectors, 3rd-eyes analytics addresses the growing demand for personalized and sustainable investment solutions. Their innovative approach to integrating goal-based investing with realistic asset-liability management methods positions them as a significant player in the wealthtech industry.

Key Strategic Focus

Core Objectives

• Goal-Based Investing: Developing solutions that align investment strategies with clients' specific financial goals and personal values.

• Sustainable Investing: Integrating sustainable investment principles beyond regulatory requirements to promote responsible investing.

• Digital Transformation: Providing modern, interactive, and omnichannel advisory solutions to enhance client engagement and advisor productivity.

Areas of Specialization

• Wealth Planning: Offering automated wealth planning software that utilizes stochastic processes to simulate thousands of capital market scenarios, ensuring robust and realistic outcomes.

• Asset-Liability Management: Employing realistic and scenario-based asset-liability management methods to capture downside scenarios and market distortions effectively.

• Sustainable Investment Integration: Incorporating sustainable investing principles at every stage of the advisory process to promote responsible investment practices.

Key Technologies Utilized

• Advanced Analytics and AI: Leveraging cutting-edge analytics and artificial intelligence to drive smarter decision-making and enhance the quality of financial advice.

• Modular Digital Platform: Providing a flexible and customizable platform that can be tailored to meet the specific needs of financial institutions.

Primary Markets Targeted

• Financial Institutions: Including private and universal banks, asset managers, execution platforms, and life and pension providers.

• Geographical Focus: Primarily serving clients in Switzerland, Germany, and the Nordic countries, with plans for further expansion.

Financials and Funding

Funding History

3rd-eyes analytics has secured funding through grants, with the most recent round announced on March 30, 2022, led by the Technology Fund.

Total Funds Raised

The exact total funds raised are not publicly disclosed.

Notable Investors

• Technology Fund: Led the most recent grant round in 2022.

• Tenity: Participated in a non-equity assistance round in 2019.

Utilization of Capital

The capital raised is intended to support the development and expansion of 3rd-eyes analytics' digital wealth management platform, enhance product offerings, and facilitate market expansion.

Pipeline Development

Key Pipeline Candidates

3rd-eyes analytics focuses on developing and enhancing its digital wealth management platform, which includes:

• 360° Time Machine: A scenario-based asset and liability management engine that projects realistic wealth scenarios.

• Risk Engine APIs: APIs that enable realistic wealth projections and asset allocation optimizations.

Stages of Development

The platform is fully developed and operational, with continuous enhancements to incorporate new features and improve user experience.

Target Conditions

The platform addresses various financial planning needs, including retirement planning, investment strategy development, and sustainable investing.

Anticipated Milestones

Future milestones include expanding the platform's capabilities, integrating additional sustainable investment features, and increasing market penetration in Europe and beyond.

Technological Platform and Innovation

Proprietary Technologies

• 360° Time Machine: A proprietary engine that simulates thousands of capital market scenarios to provide realistic wealth projections.

• Risk Engine APIs: APIs that offer realistic wealth projections and asset allocation optimizations, enabling financial institutions to align product distribution with clients' interests.

Significant Scientific Methods

• Stochastic Processes: Utilized to simulate a wide range of capital market scenarios, ensuring robust and realistic outcomes in wealth planning.

• Scenario-Based Asset-Liability Management: Employing realistic and scenario-based methods to capture downside scenarios and market distortions effectively.

AI-Driven Capabilities

• AI Assistant for Financial Services: Embedded AI capabilities that help financial advisors and clients explain wealth plans and investment recommendations.

Leadership Team

Executive Profiles

• Stephanie Feigt, CFA: CEO and Founder. Passionate about strategic asset allocation, asset liability management, sustainable investing, and asset management.

• Rodrigo Amandi: COO and Founder. Holds a PhD in Chemistry with over 10 years of experience in asset management, investment products, indices, and sustainable investing.

• Michael Koschinsky: CIO. Board Member and Executive Consultant with expertise in cloud navigation and interim management.

• Marc N. Mettler: Managing Partner. Over 20 years of experience in wealth management, including roles as a consultant, banker, and wealthtech executive.

• Matthias Hasler: Chief Product Officer. Specializes in product strategy, discovery, execution, and building high-performance teams.

Board of Directors

• Karl Matthäus Schmidt: CEO and Founder of Quirin Private Bank, Chairman and Founder of quirion.

• Stefan Schulz: Head of Finance at Quirin Private Bank and CFO of quirion.

• Thomas Pütter: Chairman & CEO of Ancora Finance Group.

• Stephan Mohrhardt: Senior Manager at Ancora Finance Group.

• Rudolf Geyer: CEO & Founder of Southrock Advisors, Chairman of the European Finance Forum.

• Martin Coughlan: CEO & Founder of Acclinate.

Leadership Changes

Recent additions to the Board of Directors include Rudolf Geyer and Martin Coughlan, CFA, CAIA, who bring extensive experience in financial services and asset management to the company.

Competitor Profile

Market Insights and Dynamics

The wealthtech industry is experiencing significant growth, driven by the increasing demand for personalized and sustainable investment solutions. Financial institutions are seeking innovative platforms to enhance client engagement and advisor productivity.

Competitor Analysis

Key competitors in the digital wealth management space include:

• Finaplus: Develops digital ecosystems for wealth management.

• Andes Wealth Technologies: Offers a modern platform for advisors to deliver personalized services efficiently.

• myMoneySage: Provides a holistic, asset and product agnostic wealth creation ecosystem.

• Adaptive Finance Technologies Inc.: Delivers quantum-enabled, AI-driven investment management and analytics SaaS solutions.

• Triangle Systems Inc.: Specializes in triangulating data, assets, and finance.

• Wealth Cloud 360: Offers an online wealth management platform to assist in lead generation.

• Aiōn Sustainability Solutions GmbH: Provides AI-based sustainability management software for SMEs.

• Stealth0001: Focuses on a SaaS product aimed at accelerating a carbonless future.

• All About Water: Offers SaaS solutions to actively de-risk agribusiness investments.

• Inveert Smart Planning: Provides digital retail advisory enabling personalized savings and investment plans.

Strategic Collaborations and Partnerships

3rd-eyes analytics has established strategic partnerships with leading experts in various fields to enhance its offerings and facilitate integration into existing core banking systems. Notable collaborations include:

• Swiss Life: Collaborated to modernize and differentiate their offering landscape, integrating sustainable investing into their advisory services.