BridgeFT offers a cloud-based, API-first wealth management infrastructure that aggregates multi-custodial financial data and provides advanced analytics for financial institutions and fintechs. This platform streamlines back-office operations and enhances client interactions by automating reporting and fee billing, addressing inefficiencies in data management and operational workflows.
Funding
$6.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Financial institutions and fintech companies face challenges in efficiently aggregating and managing financial data from multiple custodians, leading to operational inefficiencies and hindering their ability to provide comprehensive client reporting and analytics. Integrating data from disparate sources is complex and time-consuming, often requiring significant manual effort and custom development.
Solution
BridgeFT offers a cloud-based WealthTech API that streamlines financial data aggregation from multiple custodians, providing a unified platform for wealth management infrastructure. The API-first approach allows firms to access trade-ready, multi-custodial data, advanced analytics, and mission-critical applications through a single, open interface. BridgeFT normalizes and enriches data, offering performance analytics, billing calculators, and practice management insights. This enables financial institutions and fintech innovators to build unique digital experiences, automate back-office operations, and enhance client interactions with real-time financial data and insights.
Target Audience
BridgeFT primarily serves fintech innovators, TAMPs/RIA aggregators, investment product distributors, RIAs, and wealth managers seeking to streamline data aggregation and enhance their digital offerings.
Features
- Multi-custodial data aggregation from held-away assets and third-party applications
- Data normalization and enrichment for consistent reporting and analysis
- Advanced analytics, including performance calculations and practice management insights
- Open API for seamless integration with existing systems and custom applications
- Pre-built integrations with over 25 partners for expanded functionality
- White-labeled capabilities for billing, reporting, and other client-facing applications