From Swissquote to Reyl: Finance Veterans Back AI Startup

Source Domain: www.finews.com

Cigno, founded by Philippe Reynier (CEO), Nicolas Lagrèze (COO), and Vahan Avetisyan (CTO and Head of R&D), is an AI-driven platform automating the full consulting workflow, aimed at addressing systemic gaps in professional consulting.
Cigno’s platform targets the financial services sector in Switzerland and Europe, focusing on banks, insurers, and asset managers, offering an infrastructure for better service delivery.
With a Swiss architecture, the platform ensures European hosting, full client data isolation, and compliance infrastructure, complying with data sovereignty needs for Swiss financial institutions.
Cigno secured a 1.5 million Swiss franc seed round, exclusively backed by former bankers and industry professionals from consulting, finance, and technology.
The platform is designed to be consultant-centric, enabling firms to encode their own methodologies and leveraging a controlled environment, drawing comparisons to legal tech advancements.
Pilot deployments are ongoing across Switzerland, France, and the UK, with commercial availability set for June 2026. Pricing will be tiered by deployment scale, and an AI Readiness Assessment is offered pre-onboarding.
There is potential for direct deployment within Swiss banks by partner firms and independent consultants, positioning Cigno as a core AI infrastructure for mixed teams of consultants.

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