Chunkbase provides an AI‑driven platform for UK wealth management firms and independent financial advisers that automatically extracts key client data from meeting transcripts and generates a citation‑linked suitability report. The solution pre‑populates fact‑find fields, creates a fit‑assessment with audit trails, and offers an integrated review workflow, reducing manual data entry, errors, and compliance effort while enabling firms to assess client suitability after the first conversation.
Funding
Funding not disclosed
Founders
Product
Problem
Wealth management firms and independent financial advisers spend extensive time manually transcribing client meeting information into multiple systems, leading to duplicated effort, errors, and delayed assessment of client‑firm fit. This results in weeks of work on prospects that may ultimately be unsuitable, and creates an evidence gap for regulatory compliance under the FCA Consumer Duty.
Solution
Chunkbase automates the extraction of key client data from meeting transcripts and structures it into a single, citation‑linked suitability report. The platform pre‑populates fact‑find fields, generates fit‑assessment sections with source references, and provides an audit trail for human review. Paraplanners can quickly verify and adjust the output, enabling firms to determine client suitability after the first conversation rather than weeks later. By eliminating repetitive data entry and consolidating evidence, the solution reduces administrative overhead, minimizes errors, and supports FCA regulatory requirements.
Target Audience
Primary users are UK‑based wealth management firms, independent financial advisers (IFAs), and paraplanners who need efficient client onboarding and regulatory‑compliant suitability reporting.
Features
- AI‑driven extraction of objectives, risk tolerance, income, liabilities, and pension values directly from meeting transcripts
- Automatic linking of each data point to the exact paragraph in the source document for full auditability
- Pre‑populated fact‑find and suitability sections with citation‑backed content
- Integrated review workflow allowing paraplanners to edit, confirm, and track changes with a detailed audit log
- Consolidated client‑firm fit assessment visible immediately after the initial meeting
- Compliance‑ready output that meets FCA Consumer Duty evidence requirements