Our partnership with fincite is revolutionizing the wealth management industry through the seamless integration of real-time asset intelligence into a modern advisory platform. By combining wealthAPI’s comprehensive data aggregation with fincite CIOS Wealth Management Software’s intuitive frontend, financial advisors can for the first time receive a complete, consolidated overview of all their clients’ assets — across all institutions and in real time.

This collaboration addresses one of the most critical problems in wealth management: the fragmented data landscape, which previously led to inefficient processes, incomplete advice, and potential compliance risks. The integration creates a “digital home” for wealth management clients and enables advisors to provide holistic asset management with demonstrably outstanding results.

The Challenge: Fragmented Data Landscapes as a Brake on Innovation

Asset managers and client advisors faced the challenge that their clients’ assets were distributed across various institutions and platforms.

• Incomplete Asset Overview: Assets with third-party providers were difficult to integrate into conventional banking systems
• Manual Processes: Advisors had to perform up to 15 separate steps per consultation to collect, validate, and consolidate data
• Compliance Risks: A lack of real-time data led to potential violations of investment restrictions and regulatory requirements
• Limited Quality of Advice: Without a holistic overview, it was impossible to provide comprehensive, data-driven investment recommendations

The Solution: Digital Asset Aggregation with just one click!

The partnership combines two complementary areas of expertise:

wealthAPI: The Data Interface

• Asset Aggregation in Real Time: Access to over 3,500 bank and broker connections
• AI-Powered Analyses: Meaningful insights, for example through cash flow, contract, and portfolio analyses
• Standardized Data Delivery: Harmonized data formats via REST APIs for seamless integration

fincite CIOS: The Advisory Platform

• Modern frontend for advisory processes, compliance checks, and reporting
• Deep integration into CRM and back-office systems
• Multi-Banking Functionality: Clients can add various portfolios and accounts from other banks to CIOS
• User-friendly interface with drill-down functions and comprehensive analysis capabilities

Measurable Results

The partnership led to impressive, quantifiable improvements:

Quantitative Results

• A threefold increase in Assets Under View (AUV), which leads to a 20 percent increase in the Share of Wallet.
• Improved compliance through the elimination of over 80 percent of violations against investment restrictions in all advisory processes.
• Time savings of several weeks per year through the reduction of manual effort, which frees up more time for high-quality client interactions.

Qualitative Improvements

• Increased client satisfaction through significantly more positive feedback in customer surveys.
• Increased advisory quality, as more in-depth, data-based recommendations increase trust.
• More efficiency, because advisors gain time for individual follow-up and upselling.

Voices on the Partnership

André Rabenstein, wealthAPI Founder and CEO

“Smart and intelligent wealth management begins with seamless data aggregation and automated processes. Together with fincite, we enable exactly that: with standardized, high-quality data and an AI-powered analysis in real time.”

Friedhelm Schmitt, fincite Founder and Co-CEO

“We don’t just digitize processes, we eliminate data chaos. wealthAPI is the ‘missing API’ in the WealthTech stack. Through the API-first approach, we make asset data real-time ready and AI-ready — the basis for every smart financial solution of tomorrow.”

Outlook and Future Plans

The successful integration of wealthAPI and fincite CIOS is just the beginning. Further developments and improvements are already being planned to continuously increase the value for financial advisors and their clients.

wealthAPI enables fintech companies and financial institutions to access over 3,500 bank and broker connections through highly scalable, standardized data integration and AI-powered user profiles.

fincite CIOS (Client Investment Operating System) bietet Banken und Vermögensverwaltern ein modulares & modernes Frontend vom Kunden-Onboarding bis zum Reporting mit tiefer Integration in CRM- und Backoffice-Systeme.