Swiss private bank Vontobel has introduced enhancements to its Vontobel Mobile Private Banking app by adding a new trading functionality, which will allow private banking clients to make transactions on the go.

Using the new feature, private clients in Switzerland can now use the Vontobel Mobile Private Banking app to buy and sell securities anytime, anywhere.

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Additionally, the functionality will enable clients to set up limits, such as stop-loss limits and also keep an eye on pending orders and edit the orders if necessary.

The app allows clients to access detailed information from the mobile advisory platform using mobile devices such as tablets and smartphones.

It also enables clients to access their entire portfolio and account information, to view a multitude of investment ideas, and to consult comprehensive, research data and market quotes. Also, clients can use the messaging function for secure communications with their personal client advisor.

Furthermore, the company is planning to add new functionalities in the Vontobel Mobile Private Banking app including allowing clients to view bank statements and other documents and to generate personalised reports on their mobile devices by mid-2016.

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Meantime, Vontobel has unveiled plans to launch the Vontobel Mobile Private Banking app to clients in Europe.

Vontobel Private Banking head Georg Schubiger said: "The Vontobel Mobile Private Banking app gives clients the option of accessing information about their investments at any time, no matter where they are, and to make stock exchange transactions immediately based on that information.

"The app is the ideal complement to the personalised advice provided by dedicated client advisors. We are making targeted use of technology to improve our client services, so as to enhance our personal advisory services and expand our expertise as an active asset manager."