London, Lausanne, and Singapore December 2, 2022 – J.P. Morgan Private Bank today announced a strategic investment, through an affiliated entity, in Edge Laboratories SA (Edgelab) and Evooq SA (Evooq) aimed at strengthening its digital investments capabilities for ultra-high-net-worth clients across Europe, the Middle East, Latin America and Asia.

The strategic investment in Edgelab and Evooq – Swiss-based wealth management software services companiesrooted in risk analytics, portfolio construction, optimisation, advisory platforms, and workflow capabilities – supports an existing engagement between J.P. Morgan Private Bank and the two firms, with the overarching goal of providing client advisors digital tools to deliver bespoke portfolios and personalized planning.

“The relationship with Edgelab and Evooq comes at a time of challenging market conditions,” Adam Tejpaul, J.P. Morgan International Private Bank Head of Investments and Engagement, said. “Edgelab’s and Evooq’s multi-asset class risk engine provides our advisors access to powerful risk analytics and ultimate levels of portfolio customization to help clients best navigate markets and make portfolio decisions that support their investment objectives and broader life goals.” 

“We are thrilled to partner with J.P. Morgan Private Bank,” said Cédric Ullmo, Edgelab and Evooq CEO and Founder. “With this investment, Edgelab and Evooq gain capital at a critical stage of growth for the companies that will help increase resources needed to deliver core portfolio products and initiatives.”

“The investment comes at a time of increasing digitization in wealth management and follows a multi-year relationship between J.P. Morgan and Edgelab and Evooq,” Martin Marron, J.P. Morgan International Private Bank CEO, said. “I am pleased to solidify our existing relationship with Edgelab and Evooq through this investment as we continue to engage on initiatives to support the International Private Bank’s growth.”