Klaus Wellershoff, former chief economist at UBS, is launching the Swiss fintech Turiq with two computer science students from ETH Zurich. Announced on 22 October 2026 by Startupticker.ch, the artificial intelligence (AI) platform helps banks and wealth managers sort through market information and prepare their investment decisions. This is a launch: the press release mentions no funding round.
The two student co-founders run the company day to day. Ryan Fuchs and Boris Kantor are both studying for a bachelor's degree in computer science at ETH Zurich and now lead Turiq AG operationally. Ryan Fuchs is chief executive officer (CEO) and steers the company and the product. Boris Kantor is chief technology officer (CTO) and is responsible for the technology.
This project comes after the sale of Zwei Wealth. Klaus Wellershoff founded this investment advisory firm with Patrick Müller twelve years ago, according to the press release. Swiss Life acquired it in 2025. Klaus Wellershoff also heads Wellershoff & Partners, an independent consultancy based in Zurich that he set up in 2009.
What Turiq does for wealth management
The platform links external market information with the institution's own analyses and portfolio data. It is aimed at chief investment officer (CIO) offices and investment teams. According to the press release, it is meant to help them:
- spot market-relevant events early;
- analyse their possible effects on portfolios;
- prepare investment decisions more quickly;
- tailor approved analyses for client advisers and end clients.
Users remain in control of the tool, according to the company. They choose the information sources, set the ranking criteria and decide how the results are distributed. Responsibility for investment decisions and client communication stays with the specialists concerned.
Turiq does not depend on a single AI model. Following the "Bring your own cloud" principle, the platform is installed in the cloud environment the institution already uses. This is intended to make integration into existing IT and compliance structures easier. The company states that client data is not used to train the models it uses.
Klaus Wellershoff sets a broad ambition. "Our ambition is to create an operating system for the investment business that fundamentally transforms investment communication," he says in the press release.
First clients, but no funding round announced
Turiq says it has already won its first external clients. Before that, the platform was tested for about a year in the day-to-day work of Wellershoff & Partners and improved through that use. The press release gives neither the names nor the number of these clients.
This launch should be distinguished from a funding round. The press release cites no amount, no investor and no valuation. It states only that the development team is growing and that the market push begins with Switzerland and the neighbouring German-speaking countries.
From the St. Gallen hackathon to the Zurich consultancy
Turiq was born at a programming competition. In September 2025, during the Swiss AI Weeks in St. Gallen, Wellershoff & Partners set the participants a problem. Four ETH Zurich computer science students built, in 36 hours, a prototype that detects market-relevant news. The collaboration with the Zurich consultancy that followed produced the current platform.
Where Turiq stands among Swiss fintechs
Turiq is not alone in the niche of AI applied to investment. On 15 October 2026, the Swiss startup Unplex announced a partnership with Infront to distribute its AI agents for wealth management. The two announcements, published a week apart, compare as follows:
| Turiq | Unplex | |
|---|---|---|
| Announcement | Launch, 22 October 2026 | Partnership with Infront, 15 October 2026 |
| Target users | CIO offices, investment teams, advisers | Wealth managers |
| Tasks | Sorting market information, preparing decisions, client communication | Meeting preparation, account statements, quarterly reports, account opening |
| Route to market | Direct, with adaptation to each institution | Through Infront's portfolio software, including Assetmax |
| Data | In the institution's cloud, no training on client data | Hosting in Switzerland, processing in Switzerland and the European Economic Area |
| Announced markets | Switzerland and German-speaking countries | Switzerland and Germany |
| Funding round mentioned | None | None |
In both cases, a human validates the results before they are used. Both companies stress this point, which meets the requirements of a regulated sector.
The big banks are also developing their own tools. UBS launched more than 300 AI use cases in 2025, according to the 2clics article of 21 October 2026 on its AI maturity ranking. Its research tools serve nearly 1,000 professionals worldwide. Turiq offers another route: an external platform that each institution adapts to its own processes.
What this changes for a client in Switzerland
For a client of a bank or wealth manager, the effect would initially be indirect. Their adviser's market commentaries could be prepared with this type of tool. According to Turiq, the institution's specialists remain responsible for the content and the decisions. The company also states that client data does not train the models. These commitments appear in the press release, with no independent verification mentioned.
What we don't know yet
- The names and number of the first external clients.
- Turiq AG's funding and how its capital is split among the founders.
- Klaus Wellershoff's exact day-to-day role, beyond his title of co-founder.
- The AI models used, the pricing and the target team size.
- The timetable for expansion into the neighbouring German-speaking countries.
Sources
- Startupticker.ch, press release of 22 October 2026: "Klaus Wellershoff lanciert mit ETH Studenten KI Startup"
