Built to Last: Swissquote’s CEO on Future Growth, FMLS:23
Tuesday,14/11/2023|13:11GMTby
FM
Marc Burki, CEO of Swissquote Group & Bank explains the company’s foundation.
Are you excited for FMLS:23 and how can your company benefit from attending such an event this Fall?
As always, the excitement builds up the weeks before the event. We are very eager to show the market how we have developed and implemented new solutions for institutional partners, banks, brokers, all type of FI’s. And FMLS is the best place to show all this, and we can provide to institutions all over the world.
Every event has something unique. What are you hoping to get out of FMLS:23 or expecting to see?
We hope to see more people interested in top notch banking solutions. Trading on actual equities, funds, bonds, cryptos, seeking the best liquidity on the FX/CFD side over any platform and looking for a one stop shop where they can bank, trade and custody with an absolute peace of mind.
The industry continues to evolve in 2023. How has the playing field changed since last year and where does your company fit into this trend?
The playing field has obviously changed. It has become tougher to find new customers due to these conditions. There is a natural consolidation on the market, some actors merge others are acquired. The market has no mercy if your institution is not solid enough to cope with difficult times like these. Swissquote Bank is still growing but has a twenty year on-going record of profitable exercises and has built foundations to last.
FMLS:23 attracts the biggest brands, including yours. How does your company stand out in the crowd and in a competitive field?
The Swiss Banking license helps, that is a fact. But also our track record of profitability through thick and thin. We built this bank step by step, brick by brick and made it one of the most solid institutions present here at FMLS 2023.
Looking ahead, are there any challenges you foresee in Q4 2023 and beyond and how is your company built to overcome or address these?
We love to say that we must expect the unexpected. And that is probably the exciting part of this business. If it remains difficult to foresee what is coming, what we know for sure, and we’ve experienced and showed it in the past, is that we are equipped on all aspects to face new challenges.
Are you excited for FMLS:23 and how can your company benefit from attending such an event this Fall?
As always, the excitement builds up the weeks before the event. We are very eager to show the market how we have developed and implemented new solutions for institutional partners, banks, brokers, all type of FI’s. And FMLS is the best place to show all this, and we can provide to institutions all over the world.
Every event has something unique. What are you hoping to get out of FMLS:23 or expecting to see?
We hope to see more people interested in top notch banking solutions. Trading on actual equities, funds, bonds, cryptos, seeking the best liquidity on the FX/CFD side over any platform and looking for a one stop shop where they can bank, trade and custody with an absolute peace of mind.
The industry continues to evolve in 2023. How has the playing field changed since last year and where does your company fit into this trend?
The playing field has obviously changed. It has become tougher to find new customers due to these conditions. There is a natural consolidation on the market, some actors merge others are acquired. The market has no mercy if your institution is not solid enough to cope with difficult times like these. Swissquote Bank is still growing but has a twenty year on-going record of profitable exercises and has built foundations to last.
FMLS:23 attracts the biggest brands, including yours. How does your company stand out in the crowd and in a competitive field?
The Swiss Banking license helps, that is a fact. But also our track record of profitability through thick and thin. We built this bank step by step, brick by brick and made it one of the most solid institutions present here at FMLS 2023.
Looking ahead, are there any challenges you foresee in Q4 2023 and beyond and how is your company built to overcome or address these?
We love to say that we must expect the unexpected. And that is probably the exciting part of this business. If it remains difficult to foresee what is coming, what we know for sure, and we’ve experienced and showed it in the past, is that we are equipped on all aspects to face new challenges.
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