Fincite
Fincite solves challenges family offices are facing within their wealth management, advisory, or even self-execution services with the means of intelligent software. From onboarding (risk profile, sustainability preferences, KYC, AML, etc.), advice (automated investment proposal or wealth forecast), investment (portfolio optimizations or rebalancing), order execution (FIX, SWIFT or direct custodian connection) as well as regular reporting (portfolio aggregation and analysis). Their software offering is 100% modular.
What sets Fincite apart?
"You have it in your hands! Our award-winning software helps you build the software for your individual requirements in a modular, lego-brick-like way in just a few weeks. From risk profiling a customer to reporting."
Christian Terpe
Products and services
Get an overview of what this software does.
Main tasks
- Customer Onboarding
- Portfolio management
- Order execution
Top features
- Ability to Whitelabel
- Custom Development Service
- Custom Reports
- Digital Excellence
- Full Multi-Currency Support
- Mobile App
- Proven Agility
- Sustainability
- Real-time analytics
- Asset class aggregation
- Client Portal
Assets supported
- Alternatives
- Bankable or Financial Assets & Funds
- Cash & Equivalents
- Digital Assets & Crypto Currency
- Equities
- Fixed Income
- Foreign Exchange
- Lifestyle Assets & Rare Collectibles
- Private Equity & Direct Investments
- Real Estate
Compliance
- MiFID II
- GDPR
Whitelabel
Yes
Type of software
SaaS
Ecosystem
- Microsoft
- SAP
- Java
- Other
Integrations
- There is no system we would not integrate with our flexible API data model, e.g. Microsoft Dynamics for CRM, Triple A for PMS/ OMS
Mobile app
Yes
Type of data
Transaction level
Accuracy
We have a proven track record of connecting to several custodians, superb API testing as well as a proven data model, so that we can be sure, that 99,9% of the data received are imported correctly. Further, we enrich investment data received by Morningstar data – one of the leading data provider worldwide.
Custodians
Currently 5 direct custodian connections. Further we integrated multi-custodian connections like Plaid, Flanx and Custodix which enable us to connect to hundreds of custodians around the world with only one API.
Time to new custodian
2 Weeks
Multi-currency
Users can set multiple base currencies, Users can separate holding level gain/loss from currency gain/loss, Based on holding/position data, Based on transaction data
Cost structure
- Seat based (per named user)
- Custodian use based (per connected custodian)
- Data based (per data feed integrated)
- Feature based
- In the area of individual software development we charge one-time efforts for the software implementation/ customisation as well as recurring efforts for hosting, maintenance and support.
- In the area of of-the-shelf/ white label software we charge only recurring efforts for licenses.
Key Company Information
Have a look at the company, clients, and references to learn whether this is a match for you.
Employees
- >50
Revenue
< $50 million
Founded
- 2016
Ownership
- Owned by management
- External investors (neither clients nor staff)
Incorporated
Germany
Locations
Frankfurt
Top markets
- Germany
- United States of America
- DACH
- Nordics
- Dutch
Focus
- Multi-family offices
Serves also
- Individual wealth owners
- Single family offices
- Multi-family offices
- Investment & Financial Advisors (RIAs/IFAs)
- Custodians
- Banks
- Brokerages
Number
- 30 clients around the globe, thereof 5 international universal banks, 7 private banks, 4 wealth managers, 1 broker pool, 7 advisors.
ABN AMRO, Deutsche Bank, Hauck Aufhäuser Lampe, Berenberg Privatbank, Amundi, ING
Request ReferencesWhat do clients say about Fincite?
"With Fincite CIOS, we can automatically manage complex portfolios. This empowers our advisors to increase their efficiency and helps them to focus on what’s important: The client interaction."
Ronald Tuinenga, Product Owner Digital Investments ABN AMRO
Support & services
Learn what support and services you can expect
Added Services
Software development
Data entry
Support options
General contact mail or phone
Dedicated contact
In person on site support
Pricing of support
Based on SLA
Onboarding
Depending on the complexity of the project. In general, though, we’re able to finalize the onboarding in less than a month.
Bespoke development
Fincite ensures the entire software delivery and operations process, comprising of planning, development, testing, deployment, operations, monitoring, and continuous development.
Customisation
API connections from and to your internal IT systems required to transfer data, logos and corporate identity of our customers, user flows depending on service model (wealth management, advisory or self-ex), and customer journey of the onboarding, advisory, investment, ordering, and reporting functionalities of our investment software according to your requirements.
We also reviewed some other Portfolio Management Providers
Q
What is Fincite?
A
Fincite offers a portfolio management solution.
Q
What does Fincite do?
A
Fincite aims to solve family office wealth management, advisory, and self-execution challenges by means of its intelligent software.
Q
How does Fincite work?
A
Fincite offers a fully modular software that is capable of onboarding(risk and ESG profiling), advice including automated investment proposals and wealth forecasting, investment management including portfolio optimizations or rebalancing, order execution through custodian banks or through FIX/SWIFT protocols, and reporting through portfolio aggregation and analysis.
Q
How much does Fincite cost?
A
Fincite pricing structure is either per named user or per connected custodian or data-based.
In the media
