Piraeus Bank launches new personalized investment advice services

According to the bank, the service is based on a powerful robo-advisory platform tailored to the needs of the bank's Private Bankers and their clients.

The platform was developed following months of collaboration with UBS Partner, UBS’s award-winning WealthTech solution for financial institutions. It is designed to optimize investor portfolios across various asset classes and investment products, based on risk levels.

On a daily basis, it monitors client portfolios for any deviations from the optimal asset allocation, as well as any breaches of the risk limits set by the client, proposing corrective actions and corresponding transactions.

The key differentiator of Piraeus WealthAdvisor service is its absolute customization, allowing clients to define their investment preferences from the outset. The platform then generates and suggests the best alternatives for exposure percentages across asset classes using different products, ensuring the best possible personalized solution for each client.

Piraeus Private Banking is setting new standards in the Greek market, raising the bar in wealth management. Through the Piraeus WealthAdvisor service, it is redefining investment advisory services by leveraging technology.