Sharpfin & Fondo expand their market reach with a fully digital solution for wealth managers
12 April, 2023
Sharpfin and Fondo strengthen their customer offering for wealth managers by launching a digital and comprehensive solution to support the entire advisory process from onboarding to back office.
Our solution will meet wealth managers' needs for modern technology that provides a better customer experience and at the same time remove unnecessary administration and lowers management costs.
"When talking to advisors and wealth managers, it is becoming increasingly clear that the industry lacks a fully digitized solution for fund custody, fund trading and client onboarding. We are happy to have found a cooperation partner in Fondo, with whom we have created a completely digital solution, with a quick time to market that solves a critical problem for our customers." - Markus Alin, VD Sharpfin.
The new solution is built upon a full integration between Sharpfin's portfolio system and Fondo's digital custody and fund trading platform, where the entire advisory process becomes fully digitized in one and the same interface.
The integration also means streamlined management with real-time updates of end customers' depots and automated back office without the need to outsource essential operations.
“We are currently working full speed to go live with our first customer. After that, we have a number of ongoing dialogues with a number of well reputed wealth management companies. It is clear that there is a demand for digital solutions and modern technology in the industry.” - Olof Cristoferson, CEO Fondo.
Through this joint offering, wealth managers will be empowered with access to a modern customer interface and a wide range of funds, where all commissions are refunded to the end customer.
For additional information:
Sharpfin is a leading provider of cloud-based solutions that empowers wealth managers with minimized administration, increased customer satisfaction which leads to more time spent with their clients and ensures simplified regulatory compliance. Sharpfin delivers their solution to a growing number of customers such as Nordnet, Consensus Asset Management and Strand Kapitalförvaltning. Sharpfin's strength is to better understand its customers' requirements and, through powerful technology, translate customer requirements and new regulations into new functionality.
Fondo is a custodian that offers a modern, digital fund platform with a wide range of funds and transparent pricing for both business partners and end consumers. Through the in-house developed technology, Fondo provides a future-proof and cost-effective infrastructure, which with a simple API integration provides access to automated deposits and fund trading. Fondo is a securities company under the supervision of the Financial Supervisory Authority and covered by the government's deposit guarantee and investor protection.
Never miss a thing
Subscribe to our newsletter. In Sharpfin Insider we share important updates, interesting articles, release notes and trade secrets. You don't wanna miss it.
Do you want to know more? Send us a message below.
Vasagatan 10, 4tr
111 20 Stockholm