Njorda, a leading provider of investment technology for retail investors, announced its collaboration with Flanks, the global wealth data orchestrator, to revolutionize the investment landscape for individuals and institutions alike. The partnership between Flanks and the Swedish company will bring together two important names in the wealth management industry, offering a solution that will benefit individual and business investors worldwide.
Established in 2019, Njorda's mission is to provide a superior investing experience to a broader retail audience, promoting financial equality by creating a leveled up playing field in the market. With a focus on innovation and technology, they empower retail investors to take control of their investments and make informed decisions through a range of beautifully designed, simple guides, analytics, and personalized notifications.
The integration of Flanks' power to automate and scale connections with custodian entities with Njorda will offer investors a unified view of their investments, eliminating the manual hassle of data collection and reconciliation. Hence, when using Njorda as the main platform, investors will be able to access real-time insights on portfolio performance, enabling them to make informed decisions about their investments.
"We are thrilled to enter into this new partnership, which not only strengthens our connectivity coverage in the Nordics but also unlocks exciting opportunities in untapped markets. Flanks' data-driven investment approach was a key factor in our decision to collaborate, and we look forward to the possibilities ahead."
Sergej Smirnov, COO and co-founder at Njorda
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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