Of course, in a figurative sense: a new partnership aims to bring more transparency to Alpian customers regarding the performance of the Geneva-based digital bank.

Alpian has entered into a partnership with the Swiss platform Performance Watcher to better monitor and document the returns of its portfolios. The Geneva-based private bank, which will soon be majority-owned by the Italian-Swiss banking group Fideuram Intesa Sanpaolo Private Banking, announced this on Friday.

Increasing Trust

The aggregated data from the new partner will enable Alpian and its customers to systematically compare the performance of their investment portfolios with the results achieved by competitors under similar conditions. The Genevan firm hopes this will lead to greater internal efficiency and increased external trust in the services of the digital bank.

Founded in 2019, the company targets a digitally savvy and affluent clientele. However, its performance record since its inception in 2019 has been mixed. According to its own reports, the assets under management recently amounted to nearly 100 million Swiss francs.

New Effort After Financial Boost

Recently, Alpian received a substantial financial boost of 76 million Swiss francs and is now also attracting new customers with high interest rates. The move towards greater transparency evidently points in the same direction.