wealthAPI for Banks and Financial Auditors
Automate securities reporting
To ensure integrity, independence, and trust in the financial markets, employees of auditing firms and banks must report their securities holdings – a mostly cumbersome and time-consuming process.
With wealthAPI, you can automate this reporting, saving your employees time and allowing them to focus on what matters.
Why wealthAPI?
Save time through automation in reporting
wealthAPI provides various tools to automate the reporting of securities holdings.
The import of portfolios is automated or done manually by the employees themselves; wealthAPI enables access to over 3,500 bank and broker connections.
To ensure a continuous overview of employee securities holdings, regular reports can be generated within the reporting periods defined by your company, for example, quarterly or annually.
In addition to regular reports, it may be necessary to immediately report certain transactions or changes in securities holdings. Thanks to the high degree of automation, wealthAPI also enables ad-hoc reports and event-driven reports at any time.
The reporting obligation for securities holdings primarily serves to prevent conflicts of interest.
Auditors have access to sensitive information about the companies they audit. If they were to trade in the securities of these companies themselves, this could lead to conflicts of interest. The reporting obligation is intended to ensure that auditors maintain their independence and are not influenced by personal financial interests.
Bank employees, especially in trading or asset management, also have access to information that can influence the value of securities. The reporting obligation is intended to prevent insider trading and other forms of abuse.
By monitoring employee securities holdings, auditing firms and banks can detect suspicious trading activities that could indicate insider information. This contributes to combating insider trading, which impairs the fairness and efficiency of financial markets.
Customers
These companies are already working with wealthAPI
Our innovative solutions have convinced numerous clients from the financial industry since 2022. Whether it’s a financial platform, influencer, online platform, bank, publishing house, asset manager, or family office, our technology is used wherever efficient and flexible solutions are required.
Data Security
Protecting your customer data is our top priority. As a BaFin-regulated Account Information Service, we operate in accordance with German banking security and data protection standards. Our internal processes are continuously checked for compliance and security.
Well-established compliance
Maximum security standards
Hosting in Germany
Our Ecosystem- wealthAPI marketplace -
wealthAPI collaborates with leading partners in the fields of financial data, investment, and wealth management.
ARIVA, a data vendor since 1998, provides us with accurate price data and comprehensive financial information through easy-to-use APIs.
brokerize offers an API for stock trading, connecting to numerous reputable brokers such as Comdirect, Consorsbank, and Flatex.
DivTax is the premier withholding tax refund solution, designed to maximize dividend income by up to 25%.
DivvyDiary provides a dividend data marketplace, featuring the most comprehensive database of worldwide dividend stocks with the highest quality metrics.
finAPI is one of the leading open banking providers in Europe. We use finAPI’s banking API to connect accounts and portfolios from numerous banks.
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After submitting this contact form, our sales team will contact you as soon as possible and send you an offer presentation by email.