WealthArc selected for TNW's Boost Program at TNW Conference Europe in Amsterdam
WealthArc Inc., a FinTech company - leveraging data analytics and artificial intelligence for financial institutions - announces that it has been selected as one of the startups participating in TNW’s Boost program at TNW Conference Europe on April 23 & 24th in Amsterdams. The program is dedicated to help promising early-stage startups grow faster by connecting them with investors and journalists.
“At TNW Conference, we are showcasing our newly developed client-interaction analysis system that will transform the way wealth management companies work and interact with their clients. The event is a great opportunity to kick off our European sales activities and international product roll-out.„ Krzysztof Gogol, Co-founder of Wealtharc
Wealth management goes digital
WealthArc transforms the way financial institutions share relevant and understandable information with their clients. By enriching an efficient asset management tool with an outstanding level of client interaction, WealthArc enables a digital transformation and simplification. It's pioneering simplicity and revolutionary use of latest technologies finally makes it possible for asset managers to unlock their full potential and capitalize on the new client experience.
Clear client demand for interactive communication
According to a recent Boston Consulting Study Group study, about 75% of wealth management clients want access to interactive information, yet only a small minority of wealth managers provide customized advice online. The traditional wealth manager–client relationship will continue to emphasize face-to-face contact but digital communication will radically redefine and enhance the relationship, effectively changing the dynamics of competitive advantage (See Riding a Wave of Growth, BCG report, June 2014).
“We truly believe that we can empower asset managers to answer the new client demand for digital communication powered by data analytics in the cloud combined with machine learning support systems and artificial intelligence.„ Sebastian Manthei, Co-founder of Wealtharc
Interesting market opportunities ahead
WealthArc capitalizes on the large number of financial institutions which are now confronted with regulatory changes, diminishing profit margins, evolving technologies and shifting client expectations. The company therefore operates in a very interesting market as financial institutions need innovative technology to reduce costs and answer client demand. This can finally be achieved by cloud-computing.
With around 4'000 wealth management companies, Switzerland is one of the biggest financial hubs worldwide. Especially in wealth management, clients from all over the world trust the Swiss quality, precision and stability. Therefore WealthArc is managing their European activities out of Zurich, Switzerland.
The future is cloud-based
WealthArc is a member of Microsoft BizSpark – a dedicated program supporting highly innovative start-ups. Thanks to Microsoft Azure cloud, WealthArc provides financial institutions with an unprecedented computer power and storage, permitting complex big data processing.
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WealthArc is a fintech company leveraging data analytics and artificial intelligence support systems to empower independent wealth managers to work more efficiently. Thus, we transform the way they share relevant and understandable information with their clients. By enriching an efficient asset management tool with an outstanding level of client interaction, WealthArc enables a digital transformation and simplification. It's pioneering simplicity and revolutionary use of latest technologies finally makes it possible for wealth managers to unlock their full potential and capitalize on the new client experience.