Lowen

Competitive Analysis of Swiss Banks

Competitors Analysis

Lowen

Competitors Analysis

Description of the task:

Lowen is a brand new all digital SME business bank in Switzerland that is looking to make a cumbersome banking processes quicker, easier and cheaper for their clients. Lowen believes that banking should be seamless, not stressful and annoying as it currently tends to be.

The purpose of this project is to understand the competitive landscape among Swiss SME banks with regards to their FX offerings.

Ideally a candidate will create a list of top 20 Swiss banks and will compare their FX pricing. In your analysis p[lease include the description of the process of getting FX quotes, i.e. was it easy or difficult to get the quotes, were they available online or you had to inquire over the phone or email, etc. Perhaps use the scale from 1 to 5 to evaluate the difficulty of receiving FX quotes.

Requirements and Rules:

There is couple of key requirement for successful completion of this task:
1. Base your analysis on reliable data sources, namely bank's official websites
2. Present your findings in a readable and clear format (word, excel, ppt all acceptable)
3. Additional information, please include any additional information about the FX offering of competitive banks to SME's that you think might be relevant to Lowen.

Evaluation Criteria:

1. Accuracy and quality of data
2. Neatness of presentation (tip: organise your findings in an excel table)
3. Turnaround time (This project should take max up to 10 hours)

Prizes and Rewards:

If you complete the task, you should expect:
1. Feedback
2. Linkedin endorsement for skills that you have shown

If you complete the task well, you should expect:
1. In-depth feedback
2.. Linkedin recommendation from a co-founder
3. Linkedin endorsement for skills that you have shown

If you nail the task, you should expect:
1. In-depth feedback
2.. An amazing Linkedin recommendation from a co-founder
3. Linkedin endorsement for skills that you have shown
4. Opportunity to be selected on a longer term hands on project working directly with the co-founders

Deadline Date:

Additional Document:

London

United Kingdom

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