The Swiss wealth manager is joining up with a French fintech for stock-picking fueled by big data.

Geneva-based Union Bancaire Privée is cooperating with Quantcube Technology, a Paris-based big data start-up, the Swiss bank said in a statement on Thursday. UBP is launching a long-only, systematic stock-picking strategy powered by Quantcube's analytics. Neither party disclosed financial details of the deal, which is exclusive.

Founded by Thanh Long-Huynh eight years ago, Quantcube specializes in artificial intelligence and alternative data analytics for economic intelligence. It is developing a proprietary data source ranging from web and media analytics to satellite images which it says will result in new, unstructured, public, and real-time data.