Not only the first exclusive online bank in Switzerland will be opened by launching redsafe.com. It will also include a comprehensive range of solutions for asset gathering and wealth management on a single platform. Apart from banking products and securities trading on various stock exchanges, redsafe.com also offers fund and insurance products from renowned providers, including the Swiss Life/Rentenanstalt Group.
redsafe.com offers information and general services creating high market transparency for clients and facilitating decisions with regard to purchasing and selling. Clients are provided with a complete overview of their current wealth situation. Moreover, all investors have the possibility of drawing up their individual risk profile with specific investment recommendations and to carry out transactions in real-time. The new financial portal guarantees security and confidentiality of all transaction and client data. The market appearance is presented under www.redsafe.com, an information page accessible as of today. Furthermore, interested individuals have the opportunity to register themselves.
Redsafe Bank, a subsidiary of the Swiss Life/Rentenanstalt Group, has its head office in Zurich and employs approximately 40 individuals. The CEO is Volker Gerlach, 43, former manager of Gemini Consulting Switzerland. The Board of Directors includes Hannes A. Meyer (Chairman), Head of Swiss Life/Rentenanstalt‘s E-Business Division, Dominique P. Morax, CFO of Swiss Life/Rentenanstalt and Marco Netzer, CEO of Banca del Gottardo.
Furthermore, an independent company will be established in the UK before the end of the year. It will provide clients with a comprehensive service platform for expatriates under the name of "Propeller". Offers will include solutions in the field of tax consultation, visa matters, work permissions and financial services. These services will be provided by a large number of partners. It is planned to quickly expand into Switzerland and other countries. Business operations will be managed by David Kneeshaw, who was responsible for the private individual insurance business at Swiss Life UK.
By launching this project, Swiss Life/Rentenanstalt has reached an important milestone in its e-strategy, which commenced at the beginning of the year 2000 with the establishment of the new E-Business Division.