Flanks has announced the appointment of Philippe Patin as Country Manager of the French-speaking territories. Based in Paris, Philippe will accelerate the company’s operations across the wealth management markets of France, Belgium, Luxembourg, and part of Switzerland.
With a proven track record as Sales Director in wealth management and a strong industry network, Philippe brings the expertise to accelerate growth in France.
At Manymore, a French SaaS company specialised in wealth management, he led the entire sales strategy during the post-merger and pre-fundraising phase of a €7m revenue business, and was fully involved in its integration into Harvest. Previously at Infront, a wealthtech company headquartered in Oslo, he defined and executed the sales strategy for French-speaking territories, several Eastern European countries, and North Africa.
His role underlines Flanks’ mission: to empower private banks, family offices, and financial advisers with secure, clean data, automation, and next-generation reporting solutions.
Why French wealth managers need digital transformation
The French wealth management industry is facing increasing pressure to modernise. From private bankers to wealth managers, firms are struggling with fragmented, unreliable data that prevents them from delivering the personalised advice clients now expect.
As Philippe Patin notes:
The French and European wealth management ecosystem is undergoing a profound shift. By 2030, 70% of UHNWIs will have transferred a significant portion of their wealth to the next generation. Both established families, next-generation inheritors and the new generation of UHNWI now expect more than expertise; they demand trusted advice powered by high-quality data, enhanced transparency, and a seamless digital experience. Flanks is driving this transformation at the core, and I’m proud to contribute to this paradigm shift.
From data aggregation to next-generation wealthtech
From aggregating and enriching wealth data across all asset classes — including alternative investments such as real estate and private equity — to providing advisers with a unified 360º portfolio view, Flanks enables French institutions to reduce operational burdens and focus on what matters most: building stronger, client-centric relationships.
This local presence in Paris is key to our strategy: working side by side with wealth managers, private banks, and independent advisers to shape the future of wealth management in France.
Data security and compliance: the foundation of wealth management
Operating as a regulated Account Information Service Provider (AISP), Flanks ensures bank-grade security and compliance with GDPR and PSD2.
This compliance-first approach gives French wealth managers and advisers the confidence to provide full portfolio visibility across custodians, borders, and asset classes — a decisive advantage in an increasingly global financial landscape.
New regulations, such as PSD3, RIS, FIDA, MiFID III, and SRI2, are reshaping access to financial data and raising the bar on cybersecurity and resilience. Flanks helps wealth managers adapt with confidence by providing a secure, compliant infrastructure.
Beyond regulatory compliance, we implement robust measures to safeguard information, including advanced data encryption, stringent access controls, and regular security audits. Backed by our AISP licence (code 6920) from the Bank of Spain, we ensure reliable and trusted access to financial data across all asset classes.
Driving European growth from Paris
The appointment of Philippe Patin strengthens Flanks’ European strategy. Today, over 100 financial institutions, including Tier 1 banks and multi-family offices, manage €39bn in assets via Flanks.
With offices in Barcelona, Madrid, and the recent opening of our branch on the Champs-Élysées in Paris, Flanks combines global technology leadership with local expertise. This presence is crucial in delivering solutions tailored to the needs of European wealth managers.
Learn more on our French website and connect with our team through the contact form (FR) to discover how Flanks can support your growth.
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About Flanks
Flanks is a wealth management technology company (wealthtech) that is redefining the industry through automation and data-driven insights. Its modular and all-in-one solution empowers global financial institutions, including banks, family offices, asset managers, pension plan providers, and technology companies, to offer faster, higher-quality, and personalised advice by transforming complex and fragmented wealth data into valuable insights.
Flanks was founded in 2019 in Barcelona by Joaquim de la Cruz, Sergi Lao, and Álvaro Morales, former Global Head of Santander Private Banking. Currently, the company aggregates data from 600+ connections with global financial institutions and processes more than 500,000 portfolios per month in over 33 countries, managing assets worth more than €39 billion. For more information, visit flanks.io.
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