Hybrid Robo Advisor: automated portfolio management
“Human-only” offline advice is not scalable and requires considerable manual efforts. On top of that, increasing regulatory requirements lead to liability and reputational risks. Our Hybrid Robo Advisor enables our clients to overcome these challenges. Advise your clients automated & individually and empower your advisor!
Benefits of our hybrid Robo Advisor:
Easily integrated to your existing systems, add Fincite.CIOS modular features on request.
Offer a high-efficient online-only or hybrid advice, and increase your client satisfaction.
Win new customers for a digital channel
- MiFID II compliant risk profiling and customer onboarding
- Implementation of savings plans and dynamic saving strategies
- Many overviews in a dashboard explaining risk, performance and investment strategy
- Automate all basic tasks of portfolio management services like portfolio construction and rebalancing
- Seamlessly allow your customer to switch between an online process and a human advisor
Start with a digital or hybrid onboarding process
Our hybrid Robo Advisor’s digital onboarding process includes profiling, setting objectives and determining portfolio options.
Profiling (MiFID II)
To model the customer, CIOS contains a dynamic workflow. The bank can build its own workflow to identify the customer profile. The client risk score is derived from the onboarding risk questionnaire, covering the following topics:
- Knowledge and experience
- Financial situation including loss-bearing capacity
- Investment goals and strategies
The Fincite Aggregation Engine can also be used in the Profiling to create a deeper insight into the customer profile.
Objectives and restrictions
CIOS contains a vast set of goals and restriction settings, for example goals for retail customers such as capital goals, saving plans, consumption or passive income and retirement goals. For private banking and institutional customers, there are further goals regarding sustaining of wealth, risk bandwidth or expected returns with risk budgets. The customer can, upon demand, also set the restrictions from our Optimization Engine.
Based on the bank’s model portfolio or its expected return and product galaxy, our software matches the MiFiD II risk profile, objectives and restrictions of the customer towards a suggested portfolio. Within the portfolio construction our software manages:
- Model portfolio
- Suitability check
- Matching customer risk profile to model portfolio
- Rebalancing of portfolio
How our Robo Advisor solution leverages the Fincite.CIOS engines
The Fincite hybrid Robo Advisor software accesses the 3 engines of our Fincite.CIOS and thus offers you the most extensive Robo Advice available.
The Analytical Engine analyzes all relevant aspects of the client such as customer risk profiling, insights, objectives, or restrictions
What our customers say about our digital investment platform:
“Prospery and Fincite have been working together since 2017. Within only a couple of months, Fincite was able to develop a complete portfolio management solution. We would work with them again at any time!”
Andrew Trythall, Product Owner Prospery / Kendu
“With our partners of Fincite, we could excite some of our clients. We brought intelligence and Insights directly into the portfolios our clients’ customers, by leveraging Thomson Reuters strong data capabilities with Fincites’ Algorithms.”
Christian Kammler, Sales Manager Refinitiv
“Life Insurers need innovative Products to serve customers digitally. The integrated Robo Advisor from Fincite is an excellent solution, which is actively used by numerous renowned financial institutions. Together with msg life we will now offer new opportunities in advice, customer retention and sales to life insurance.”
Milenko Radic, Geschäftsführer Msg life
“Evergreen is aiming for technological leadership in digital financial planning and investing. Fincite’s CIOS is paving the way from our state- of-the-art asset management to a great customer experience.”
Iven Kurz, CEO Evergreen
”OWNLY and Fincite share the vision of a digital private bank and family office. This led to fruitful exchanges about future services and features.”
Nicholas Ziegert, CEO W&Z FinTech OWNLY
”Together with Fincite, we have created a new-generation financial analysis tool. Their innovative thinking combined with their strong focus on financial mathematics led to an impressively efficient tool for our clients.”
Sebastian Napiralla, Director Lampe Asset Management
”The combination of extensive experience in the financial sector with a fresh innovative approach and dedication makes Fincite the perfect partner for us.”
Dirk-Jan Schuiten, CEO Prospery
”With Fincite.CIOS, we can manage complex portfolios automatically. This strengthens the efficiency of our consultants and helps them focus on the essentials: the customer.”