Flanks wins the 2024 #WealthTech100 award

The annual roster of pioneering wealth-tech enterprises WealthTech100 has selected once again Flanks as a #WealthTech100 company for the year 2024. This recognition has been instrumental in solidifying the firm's position as a frontrunner in the global WealthTech sector, particularly renowned for its wealth and data aggregation services.

The latest edition of the WealthTech100 has been launched today by FinTech Global, a specialist research firm. This prestigious ranking distinguishes the most innovative technology providers that are transforming the operations of investment firms, private banks and financial advisors.

In its sixth edition, the WealthTech100 shines a spotlight on the WealthTech companies that every player in the wealth management industry should know about. The finalists were picked by a panel of analysts and industry experts. The judges were tasked with reviewing a list of over 1,300 companies businesses, with FinTech Global providing detailed information on each company to aid the decision process.

To make the list, the panel looked for companies that are helping address some of the biggest challenges and opportunities within wealth management. The list highlights the leading companies in areas such as client acquisition, financial planning, portfolio management and digital brokerage.

The proliferation of digital services has transformed the way individuals want to manage their finances. Coupled with a tech-savvy younger generation, financial institutions have needed to change how they operate, moving towards quick and streamlined experiences that put customers at the front.  

FinTech Global director Richard Sachar said:

 "As the great wealth transfer takes place, wealth management firms are seeking ways to update their operations to meet the demands of future customers. While older generations preferred a human-touch, younger generations place quick, simple and digital processes at the top of their requirements. The WealthTech100 list provides senior decision-makers with a guide on the best vendors in the market and practical examples of how the latest AI advancements are transforming the investment industry.”

A full list of the WealthTech100 and detailed information about each company is available to download for free at www.WealthTech100.com.

About Flanks

Flanks is a pioneering Open Wealth platform that revolutionizes automated wealth services for  clientele, ranging from major financial institutions to family offices and independent financial advisors. By seamlessly connecting with custodian entities worldwide, Flanks facilitates the smooth integration of financial data into preferred reporting platforms, allowing users to make well-informed wealth management decisions based on accurate and up-to-date information.

Through our robust platform, Flanks enables the digitization and aggregation of global wealth data from any financial entity worldwide, offering an unparalleled 360° real-time view of investment portfolios. This not only simplifies the lives of wealth managers but also empowers investors with a comprehensive perspective on their financial landscape. If you wish to know more about Flanks and its solution, you can check out their website here. You can also reach the team on Linkedin or by email.