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beqom, provider of cloud-based compensation management software, announced that Banque Pictet & Cie SA has selected beqom as the platform to upgrade its compensation processes.

The Pictet Group is an investment-led service company, offering wealth management, asset management and related asset services to private clients and institutions. Founded in Geneva in 1805, Pictet is one of the oldest and most respected private banks in Switzerland, with 28 offices in financial centers around the world.

“We are thrilled to add Banque Pictet to our portfolio of Tier 1 financial services institutions,” says Stephan Pohl, beqom COO, “and are especially honored to serve such a revered institution that has been at the forefront of the Swiss wealth and asset management tradition for over 215 years. Pictet’s selection clearly reinforces that beqom has become a globally trusted partner in the financial services industry.”

About The Pictet Group
The Pictet Group is a partnership of seven owner-managers, with principles of succession and transmission of ownership that have remained unchanged since foundation in 1805. It offers only wealth management, asset management and related asset services. The Group does not engage in investment banking, nor does it extend commercial loans. With USD 595 (CHF 576 / GBP 449 / EUR 528) billion in assets under management or custody at 31 December 2019, Pictet is today one of the leading Europe-based independent wealth and asset managers.

Headquartered in Geneva, Switzerland and founded there, Pictet today employs over 4,500 people. It has 28 offices in: Amsterdam, Barcelona, Basel, Brussels, Dubai, Frankfurt, Geneva, Hong Kong, Lausanne, London, Luxembourg, Madrid, Milan, Monaco, Montreal, Munich, Nassau, Osaka, Paris, Rome, Singapore, Stuttgart, Taipei, Tel Aviv, Tokyo, Turin, Verona and Zurich.