Banque Cramer is getting in on the fintech wave: the Geneva-based private bank is launching Prime Selector, a stock screening app that was implemented by InCube and leverages the Bank's investment expertise. Prime Selector allows users to set a series of criteria on companies as well as to draw on Cramer’s investment research and ratings to set up portfolios. The tool can backtest what users’ strategies would have done in the last ten years, tracking performance, volatility, growth and best and worst monthly returns.
The app's criteria are targeted towards a more sophisticated stock-picker than a typical retail client, with variants on key factors like growth, value and quality that are aimed towards financially savvy investors. Investors can for example activate a hedge overlay function when backtesting their strategy.