Flanks

Flanks is a WealthTech company redefining the industry through data-led insights and automation. Its modular, all-in-one platform empowers financial institutions — including private banks, family offices, asset managers, pension plan providers, and technology firms — to deliver faster, high-quality, and hyper-personalised advisory services.

By automatically transforming complex and fragmented wealth data into actionable intelligence, Flanks enables a new standard of efficiency and precision across the wealth management ecosystem.

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 500,000 portfolios every month across more than 15 countries, representing over €39 billion in assets under management.

Flanks delivers a modular WealthTech platform that automates the entire wealth data lifecycle — from data connectivity and enrichment to reporting and advisory insights — within a single, secure, and fully compliant environment.

Its architecture is built around three core pillars:

• Flanks Platform – The central ecosystem that unifies all modules within one secure, scalable, and regulatory-compliant infrastructure. It brings together data aggregation, enrichment, reporting, and analysis capabilities, enabling financial institutions to deliver hyper-personalised, insight-driven advisory services powered by reliable, real-time data.

• Flanks Aggregate (Core Module) – The data connectivity and consolidation engine. It automatically connects with over 450 global banks, custodians, and financial providers to retrieve positions, transactions, and balances, standardising them within the Flanks Data Model to create a single, reconciled source of truth across all asset classes.

Flanks Lume (Additional Module) – The data enrichment and intelligence layer. It transforms consolidated datasets into business-ready information through automated validation, reconciliation, valuation, and advanced performance and risk analytics — ensuring every report is accurate, traceable, and audit-ready.