In recent years, the financial industry has gone through a significant transformation, with the emergence of regulatory changes related to the Open Finance and Open Banking initiatives. One of the most significant developments is the rise of Account Information Service Providers (or AISPs) like Flanks, which play an important role in the wealth management industry.

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 brand is now recognized as a leading company in transforming the wealth management industry.

Flanks is a Wealth Tech B2B services platform created on the basis that advising over the Global Asset Allocation of a client is becoming a must in the financial world. The process of aggregation allows for a deeper insight into the customers’ investments and operations allowing the financial advisor to give better and more accurate wealth management advice overall.

Being able to connect to any custodian entity around the world in an easy, fast, and safe way enables financial platforms to offer a more diverse range of financial products to their users. This grants them with more options to choose from, and can help them build a well-diversified investment portfolio. And this is one of the goals that Njorda wanted to reach in its mission to provide a superior investing experience to a broader retail audience.

Banco Sabadell, an important banking group in Spain and Europe, has recently strengthened Banking-as-a-Service strategy with Flanks, the global wealth data orchestrator. “Banking-as-a-service” is a revolutionary concept changing the banking industry as we know it, consisting of easily customizable API-based digital banking services like the one the Barcelona-based company offers.

Indexa Capital handles thousands of fund transfer operations annually, and knew they needed an ally to help them streamline and scale its transactions. And hence, eradicate manually inputting data, reducing the risk of human errors and improving accuracy. That’s when Flanks and its wealth data orchestration technology came to the scene.

Being the Wealth Management a recent but growing sector, there’s still a need to establish a global operating standard. To this day, a unified way of providing financial security, guarantees and codes of ethics remains a pending task. On this whitepaper we will be interviewing Flanks’ main expert in security and cybersecurity: Sergi Lao, CTO & CISO of the company. In this document, we expect to help you break down any doubts or questions about Flanks’ security standards, the processes behind our data gathering and everything else in between.

The capacities of the Barcelona-based firm will help to keep defining and maintaining the API standard in the OpenWealth initiative promotions within the global Wealth Management community.

The Brazilian firm Consist recently found a key partnership in Flanks: the financial data orchestrator for family offices, financial advisors and financial institutions. This collaboration will help Consist make the most of Flanks by giving them a complete, global and up-to-date view of their clients’ wealth.

Madrid based-investment company Micappital has recently announced a partnership with the wealth data orchestrator Flanks. This agreement aims to make it easier for Micappital users to connect with custodian entities around the world.

This alliance will strengthen their commitment to an excellent and global wealth management experience.

Barcelona-based company Flanks recently announced a key partnership with Wallstreeters, a stock market and investment dashboard platform aimed at individual users and investors. This strategic partnership is designed to merge the platform’s portfolio management with Flanks’ data processing, as a bridge between Wallstreeters platform and custodian entities. 

The Wealth Management market now has two global players collaborating to bring a new level of connectivity and flexibility in investment management. The leading-edge investment management technology provider, BRITech, is partnering with Flanks, the wealth data orchestrator, to offer a complete aggregation solution to family offices, financial advisors, private banks and wealth managers across Europe and Americas. 

Imagine a simple, intuitive investment management platform with a strong sense of community among its users. These are the strong value propositions of Moning and Flanks.

This document aims to delve into the operational disparities between these two realms and the unique challenges faced by family offices. To achieve this, we will interview David Sanz, Flanks' current Head of Operations. David's expertise lies not only in his role at Flanks, but also in his prior experience working with family offices. Through this interview, we aim to explore the challenges faced by clients in managing their wealth and how Flanks addresses those pain points.

Today we're interviewing Ruben Rocha, co-founder of Wallstreeters. In this conversation we're publishing, we uncover the transformative impact of financial aggregation and its role in shaping a more prosperous financial future.

In this whitepaper, we want to give you insight into the two implementation types Flanks offers, analising each one in detail, with their pros and cons and breaking down how each one looks while using Flanks as your data orchestrator solution.