Company Research Report: Fincite GmbH

Company Overview

• Name: Fincite GmbH

• Mission: To bridge the financial advisory gap in a world where analog financial consulting becomes increasingly expensive, ensuring well-managed portfolios and proper capital investments using advanced software solutions.

• Founded By: Founded by Ralf Heim, Friedhelm Schmitt, and Stefan Post.

• Key People:

• Ralf Heim - Founder & Co-CEO, focusing on Strategy, Representation and Partnerships.

• Friedhelm Schmitt - Founder & Co-CEO, focusing on Product Development and Solution Management.

• Stefan Post - Founder & CIO, responsible for Maintenance, Support, and Quality Assurance.

• Paul Kammerer - CCO, overseeing Marketing, Design, Sales, and Account Management.

• Tobias Kuhl - COO, responsible for Operations and HR.

• Sebastian Bessing - CTO, focusing on IT Vision, Software Development, and Architecture.

• Headquarters: Franklinstr. 52, 60486 Frankfurt am Main, Germany.

• Number of Employees: Not explicitly stated.

• Revenue: No information is available.

• Known For: Innovative WealthTech software solutions that drive customer engagement and enhance investment strategies using intelligent algorithms and deep data insights.

Products

Overview

Fincite GmbH offers a comprehensive suite of software products that cover the entire value chain from client onboarding to reporting. Their solutions are tailored for financial institutions seeking digital transformation in wealth management processes.

Product Offerings

1. CIOS.Onboarding

• Description: A modular onboarding solution that can adapt to the institution’s business model, be it self-execution, advisor-guided, or hybrid.

• Key Features:

• Guided question flow for customer onboarding.

• Visual aids for efficient decision-making.

• Compliance with regulatory requirements (e.g., MiFID II).

2. CIOS.Advice

• Description: A flexible advisory software supporting both digital and hybrid advisory models.

• Key Features:

• Modular adaptation to business models.

• Integration of digital and personal advice for enhanced customer experience.

3. CIOS.Reporting

• Description: A comprehensive reporting tool that aggregates and analyzes portfolio data.

• Key Features:

• Asset aggregation.

• Portfolio analysis using intuitive dashboards.

• Comprehensive reports for advisors and clients.

4. CIOS.Investment

• Description: Digitizes end-to-end investment processes, from strategic asset allocation (SAA) to portfolio management.

• Key Features:

• Advisor and portfolio management tools.

• Full automation of complex portfolio management.

5. ESG Investment Software

• Description: Provides tools to meet sustainability requirements in compliance with EU taxonomies.

• Key Features:

• Modular ESG framework.

• Integration of sustainability factors into investments.

6. Hybrid Robo Advisor

• Description: Supports financial institutions in merging digital and personal advice.

• Key Features:

• Automated and individualized client advisory.

• Compliant with regulatory standards.

Case Studies

• Evergreen: Established a digital financial planning service using Fincite’s modular software for transparent and efficient wealth management.

• BCA AG: Implemented a digital advisor platform for intelligent investment consulting.

• ABN Amro: Developed "Alfred", an advisor software optimizing investment processes.

• Lampe Asset Management: Created a fund dashboard for enhanced customer interaction.

Recent Developments

• New Products: No specific new product launches mentioned.

• New Features: Integration of regulatory compliance features and digital interfaces to enhance user experience.

• Partnerships: Collaborations with companies like ABN Amro, Berenberg Bank, and more to provide integrated solutions.

• Other Developments: Participation in multiple industry panels and discussions about the future of wealth management, emphasizing AI and digital solutions.

Conclusion

Fincite GmbH is a leading provider of modular WealthTech software solutions headquartered in Frankfurt, Germany. Known for its comprehensive software suite, the company equips financial institutions with tools for digital transformation in wealth management. With an emphasis on modular, compliance-friendly, and customer-centric solutions, Fincite positions itself as a pivotal partner in bridging the financial advisory gap globally.