What is Flanks?
Flanks provides a comprehensive wealth management solution designed to simplify complex financial data handling. The platform aggregates wealth data from banks, brokers, pension providers, and alternative assets platforms through secure connections, standardizing it into a reliable model. It automates the entire wealth data journey—from aggregation and validation to enrichment—eliminating manual processes and ensuring data integrity.
By transforming fragmented data into structured, analytics-ready formats, Flanks enables accurate reporting, compliance, and investment decisions. The platform serves as an AI enabler for wealth management, delivering high-quality data foundations for personalized advice and actionable insights. Flexible delivery options include file exports, reports, portfolio dashboards, and API integrations, tailored to meet diverse client needs.
Features
- Data Aggregation: Connect to any financial institution and extract wealth data from multiple sources
- Data Standardization: Transform fragmented data into a reliable, consistent model
- Market Enrichment: Enhance wealth data with market information for portfolio analysis
- Automation: Automate aggregation, validation, and enrichment to reduce manual work
- AI Enablement: Provide high-quality data foundations for AI-driven insights and personalized advice
- Flexible Delivery: Export data via files, reports, dashboards, or API integrations
Use Cases
- Consolidating client wealth data from multiple sources for financial advisors
- Automating portfolio analysis and reporting for family offices
- Enhancing data-driven decision-making for external asset managers
- Streamlining wealth management workflows for tech companies
- Improving pension plan administration and compliance
FAQs
-
What types of financial institutions can Flanks connect to?
Flanks connects to banks, brokers, pension providers, and alternative assets platforms using secure methods like data feeds, PDFs, or e-banking sources. -
How does Flanks ensure data quality and consistency?
Flanks automates aggregation, validation, and enrichment processes, leveraging advanced technology and financial expertise to maintain data integrity and granularity. -
What delivery options are available for accessing wealth data through Flanks?
Data can be accessed through file exports, downloadable reports, online portals, portfolio dashboards, or API integrations, tailored to user needs. -
How does Flanks support AI-driven wealth management?
Flanks provides high-quality, structured data foundations that enable AI algorithms to generate smarter insights and personalized advice for clients.
