Building the Future of Wealth Management: The Story Behind CaixaBank’s GlobalView

The Era of Unified Wealth Data

The wealth management landscape is shifting from fragmented data to total transparency. CaixaBank, Spain’s leading financial institution, has just taken a definitive step in this direction with the launch of GlobalView.

Powered by Flanks technology, GlobalView allows clients to consolidate and analyse their entire financial ecosystem in a single interface setting a powerful new standard for the European banking landscape.

Phase one targets Global Wealth clients with independent advisory contracts and over €4m in assets. From March, the service will be included in their current fee, before gradually rolling out to other private banking customers.

Eliminating Friction: No More Manual Entry

One of the most significant breakthroughs of GlobalView is the user experience. Historically, aggregators required clients to constantly update passwords or manually input dividends and trades.

With Flanks’ technology, this friction is removed. Once the initial consent is given, the data flows automatically and securely. This ensures that the wealth advisor and the client are always looking at a "single source of truth" that is updated daily, without manual intervention or the "maintenance fatigue" common in older systems.

Data Integrity meets Institutional Analysis: Flanks + BlackRock

‍

It is often said that an analytical tool is only as good as the data that feeds it. While GlobalView provides a stunning interface, its true power lies in the synergy between data and intelligence.

The true breakthrough lies in the ability to synchronise diverse financial data into a single, coherent framework:

• Unified Criteria: Flanks’ API normalises and enriches data from over 600 international entities. This means information from a boutique Swiss bank or a major US custodian is translated into a consistent, high-quality format.
• Supercharged Analytics: This clean data foundation is what allows BlackRock’s Aladdin Wealth™ to perform its magic. By aligning all positions under the same analytical criteria, CaixaBank can offer unprecedented depth in fixed income (ratings, maturities), equity exposure, and sophisticated "what-if" risk simulations.

Ahead of the Curve: FIDA and Data Ownership

‍

The launch of GlobalView is a strategic masterstroke. While the industry looks toward the 2027 deadline for the Financial Data Access (FIDA) regulation, this collaboration puts CaixaBank and Flanks well ahead of the curve.

We aren't just reacting to future regulations; we are actively building the infrastructure that makes "Open Wealth" a reality today. As Belén Martín, Head of CaixaBank Wealth Management, noted: “This service allows our clients to truly become the owners of their own financial information.”

A New Benchmark for Europe

The collaboration between CaixaBank, Flanks, and BlackRock represents a "triple threat" in the WealthTech space: the scale of a leading national bank, the precision of a specialised data provider, and the analytical power of a global investment leader.

At Flanks, we remain committed to our mission: transforming complex, fragmented wealth data into a powerful tool for better financial decision-making. We are proud to support CaixaBank in delivering this level of transparency, ensuring that their clients have the clarity they need to navigate their global footprint with absolute confidence.

Transform your wealth advisory services with Flanks - Discover our Demos´page