fundsaccess

fundsaccess is a platform for digital investment advisory provided by fundsaccess AG. According to the vendor, the platform aims to connect investors, financial advisors, wealth and asset managers, and custodian banks, offering state-of-the-art financial technology to increase efficiency and strengthen distribution power. The platform is primarily targeted at B2B clients, including banks, insurances, wealth managers, broker pools and organizations, asset managers, and independent wealth managers. It caters to various professions and industries, such as financial advisory firms, retail- and private banks, asset managers, independent wealth managers, broker pools and organizations, and insurance companies.

Key Features

Advisory Platform: The platform offers integrated solutions for digital, personal, and hybrid advice models, providing what the vendor claims to be intuitive workflows and a leading user experience. It also automates the generation of costs and inducement disclosure reports, aiming to ensure regulatory compliance with MiFID II and German FinVermV documentation.

Onboarding: According to the vendor, prospects can be easily converted into clients through either advisor-led or digital-only account opening processes. The platform interfaces with multiple custodian banks and offers KYC performed by the advisor or video identification. The vendor claims that API-based pre-validations significantly reduce exceptions to handle.

Order Management: The platform allows for the efficient handling of transactions by capturing and processing orders with custodian banks. fundsaccess provides direct interfaces with multiple custodians and accepts orders via advisors or directly through client portals, as claimed by the vendor.

Client Portals and Reporting: The platform provides client portals accessible on desktop PCs, tablets, and smartphones, aiming to enable digital interaction. It includes a postbox for easy and direct communication, automated delivery of regulatory reports such as quarterly portfolio reports and loss thresholds, and on-behalf views and look-through for fund of funds, according to the vendor.

Advisor Applications: According to the vendor, fundsaccess allows for the consolidation of managed client assets held with multiple custodian banks, aiming to strengthen distribution networks. The platform enables advisors to display client portfolios, analyze portfolio composition and performance, and communicate with clients, delivering messages straight to their digital postbox.

Fund Data and Factsheets: The platform provides comprehensive databases with integrated data feeds from leading financial data suppliers, according to the vendor. Users can conduct in-depth fund searches, including performance and risk data, and access white-labeled factsheets for individual funds and portfolios.