The Pictet Group is a partnership of six owner managers, with principles of succession and transmission of ownership that have remained unchanged since its 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 CHF 479 billion in assets under management or custody as of 30 June 2017, Pictet is today one of the leading Europe-based independent wealth and asset managers.
Headquartered in Geneva, Switzerland and founded there, Pictet today employs more than 4,200 people. It has 27 offices in: Amsterdam, Barcelona, Basel, Brussels, Dubai, Frankfurt, Geneva, Hong Kong, Lausanne, London, Luxembourg, Madrid, Milan, Montreal, Munich, Nassau, Osaka, Paris, Rome, Singapore, Stuttgart, Taipei, Tel Aviv, Tokyo, Turin, Verona and Zurich.
The Pictet trading floor in Geneva had evolved over time and featured different desk layouts. There were multiple keyboard types in use, and various screen arrangements - some traders had four monitors and others up to ten. Some workplaces had PCs under the desk and others had aging but robust WEYTEC KVM Extenders that were almost twelve years old. Changing desks was an expensive and labor-intensive exercise. The bank needed more flexible seating for its investment professionals, and much faster, simpler moves, adds and changes (MACs).
The evaluation process for renovating the trading floor started with a debate about the pros and cons of virtual computing. But when the IT department recognized that Pictet traders need the speed, performance and stability of hardware-based physical computers, they rejected virtual solutions and turned to KVM technology. The proof-of-concept phase started in early 2016 and WEY Technology proposed the WEYTEC distributionPLATFORM, a non-intrusive, hardware-based KVM-over-IP solution that ensures the full computing power of each PC and latency-free response times.
After more than a decade of working together, Pictet was confident in WEYTEC technology and commitment to customer service. Like Pictet, WEYTEC collaborates with customers to build long-term partnerships and mutually beneficial business relationships.