Swiss private bank Bergos goes live with FNZ’s core banking tech
Bergos, a Swiss private bank specialising in wealth management, has gone live with a new core banking system provided by FNZ.
FNZ acquired Swiss private banking technology firm New Access for an undisclosed sum last year, which provides a scalable and modular “core-to-digital” banking tech suite designed to meet the specific requirements of the private banking and wealth management industry. Bergos initially selected New Access to power its digital transformation in the summer prior to the acquisition.
The core implementation process has taken eight months and equips Bergos with client data management applications and new e-banking capabilities.
With the partnership, Bergos customers will now be able to manage their finances through a mobile app, wherein they can interact with advisors, make payments and trades, and view account balances and documents.
The go-live marks the completion of the first phase of the bank’s digital transformation, the two firms say, with further improvements planned later in 2023, including enhancing the customer experience with a focus on private banking, asset management, and advisory services.
Headquartered in Zurich, Bergos was formed in 2021 with a new shareholder base from parent company Joh. Berenberg, Gossler & Co, which was initially founded in 1590.