AI at Flanks: Model Context Protocol in Wealth Management

How our MCP unlocks the power of Wealth Data

AI copilots are becoming powerful allies in wealth managers' daily work. But until now, they couldn’t access real financial data.

The Flanks MCP Server changes that. It securely connects your banking and investment information to AI assistants used by wealth managers - like Chat GPT, Gemini, Claude Desktop, Cursor, Windsurf, or VS Code- enabling workflows that are faster, smarter, and fully grounded in real numbers.

What is the Model Context Protocol?

For those just beginning to explore MCP, here’s a simple definition:

The Model Context Protocol (MCP) is an open standard developed by Anthropic that defines how AI assistants interact with external systems securely and consistently. Put simply, MCP is a bridge between models and data, standardising how AI queries, retrieves, and operates on information without compromising security.

It follows a simple architecture:

• MCP Host: where you use the assistant (chat apps, IDEs, desktops).
• MCP Client: the bridge that manages connections.
• MCP Server: the component that exposes tools and data to the assistant.

This design allows copilots to go beyond conversation and directly perform tasks with structured, external data sources.

For Wealth Managers, this means AI copilots can:

• Provide faster, more accurate insights.
• Streamline workflows from question → data → action.
• Support auditing and reporting with traceable sources.

MCP enables the shift from static data collection to interactive, real-time workflows controlled by wealth managers.

Flanks MCP in action: a data-driven workflow

With the Flanks MCP Server, AI assistants gain a financial toolkit that makes complex operations seamless.

• Multi-bank onboarding with secure credential management.
• Portfolio data aggregation with filters for currency, thresholds, or account types.
• Holdings analysis enriched with identifiers such as ISINs and valuation dates.
• Transaction history by timeframe or instrument, audit-ready and chronologically sorted.
• Provenance control to keep track of where each data point comes from with optional source tagging.

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Tools Available

Each tool has been designed to deliver predictable, structured, and safe responses — ensuring copilots can operate reliably in real wealth management workflows. Flanks MCP Server provides assistants with a suite of built-in tools:

• Portfolios: overview and filtering.
• Holdings: drill-down into assets.
• Transactions: query historical activity.
• Credentials: monitor connection health.
• Connect: onboard new institutions securely.

>> Watch the demo video here link a youtube

AI for next-gen wealth managers

The role of the wealth manager is shifting. Tomorrow’s advisors will be AI-augmented professionals, supported by real-time insights and automation, but still defined by their human judgement and relationships.

(h3) How to Get Started

1. Deploy the server (Docker Compose in minutes).
2. Connect your AI copilot to the Flanks MCP Server.
3. Ask in natural language, for example:
   
   • “Show me all my investment portfolios above 50k.”
   • “List holdings grouped by portfolio type with ISINs.”
   • “Retrieve transactions for asset X between April and June.”

For next-gen wealth managers, AI is not about replacing expertise, it’s about amplifying it with cleaner data and faster execution.

Flanks + AI: building the wealth management of the future

Flanks has invested years into solving the hardest problem in wealth management: consolidating fragmented financial data across institutions. By combining this foundation with the Model Context Protocol, we now enable wealth managers to harness AI assistants of their choice with unprecedented reliability.

Key Benefits of Flanks MCP 

• Coverage: 200+ bank connectors available.
  
  
• Speed: Bank onboarding sessions in seconds.
  
  
• Accuracy: ISIN-based holdings validation and reliable valuations.
  
  
• Efficiency: Reduce manual interventions.
  
  
• Security: Full safeguards for credential management and deletion.

This infrastructure transforms AI from a promising idea into a practical tool that wealth managers can use every day.

Conclusion: AI is no longer a theoretical trend in wealth management 

The Flanks MCP Server lays the foundation for a new generation of financial copilots, ones that don’t just assist but operate with full visibility and trust.

At Flanks, we believe artificial intelligence is not a distant promise but a transformation already reshaping wealth management. Our Chairman, Álvaro Morales, puts it in Expansion: “Data is the fuel of artificial intelligence: clean financial data today enables the intelligent advisory services of tomorrow.”