Vontobel has released a mobile app that allows clients to issue structured products, the firm has announced.
The Vontobel Investment Scout is available for private investors in Switzerland. They will be able to use their iPhone to select a structured product tailored to their needs and issue it on the go.
The product relies on analysis from deritrade SmartGuide. In order to issue a structured product users send a direct email to the bank relationship manager with information on the selected product and their intention to purchase.
Clients can access all products issued via deritrade MIP, not only those provided by Vontobel.
The app is available in English and German. Users are required to complete registration and once that is complete they can select their personal preferences for designing products.
Commenting on the launch, Roger Studer, head of Vontobel investment banking, said the app makes good use of the company's international expertise in structured products.
'Users can select, issue and track their product portfolio on their iPhone, whenever they want, wherever they are. We are bringing the worlds of structured products and mobile communications together – a combination that is completely new on the market.'