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The annual list of innovative wealth-tech companies WealthTech100 has selected Flanks as a #WealthTech100 company for the year 2022. This award helped the firm establish itself as a global leader in the WealthTech industry focused on wealth and data aggregation services.
About WealthTech 100
#WealthTech100 is an annual list of 100 of the world’s most innovative WealthTech companies, which are carefully selected by a panel of industry experts and analysts. These are the companies which every leader in wealth and asset management, private banking and financial advisory must know in order to develop their digital transformation strategies and new customer propositions.
The WealthTech sector has experienced rapid growth over the last two years, as the huge increase in digital financial products and remote client communications due to COVID-19 has accelerated the need for innovation. On the current trajectory, the global WealthTech market is projected to reach $11.9bn by 2030.
This is the fourth edition of the list issued by #WealthTech100 so far. Seeing Flanks positioned in the list shows its privileged positioning and recognition in the wealth management market.
This brings the relationship between investors and financial advisors even closer and caused many to benefit from a faster and more efficient way to manage their clients’ wealth through Flanks.
About Flanks
Flanks is a WealthTech leader redefining the industry by giving wealth institutions direct access to a unified, institution-grade, compliant wealth data layer to harness AI at scale. Our AI wealth data infrastructure automates the aggregation and enrichment of complex portfolios across all asset classes — including alternatives — delivering a comprehensive 360° view and eliminating client friction and manual work through automation and AI.
Flanks empowers global financial institutions — including banks, family offices, asset managers, pension plan providers, and tech companies — to democratise sophisticated wealth management, scaling effortlessly to deliver smarter, more personalised advisory services to more people. As an AISP regulated by the Bank of Spain under the supervision of the European Central Bank, Flanks provides secure and compliant infrastructure.
Founded in 2019 in Barcelona by Joaquim de la Cruz, Sergi Lao and Álvaro Morales, former Global Head of Santander Private Banking. Flanks now processes over 8.2 million portfolios monthly across more than 33 countries, aggregating more than €43 billion in assets. For more information, visit flanks.io.
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