Flanks provides an AI‑powered wealth data platform that automates the aggregation, reconciliation, and enrichment of client asset information from any financial institution into a single, standardized model. The modular solution delivers tools such as wealth reports, portfolio management, financial simulation, and an AI advisor, accessible via portal, API, or downloadable reports, enabling financial advisors to offer real‑time, data‑driven advice.
Funding
$14.7M 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.
3OMVFounders
Product
Problem
Financial advisors and wealth managers often face fragmented client data spread across multiple institutions, requiring manual aggregation and reconciliation that is time‑consuming, error‑prone, and limits the ability to deliver timely, data‑driven advice.
Solution
Flanks offers an AI‑powered wealth data platform that automates the end‑to‑end aggregation of client assets from any financial institution, standardizes the information into a unified model, and enriches it with market data. The platform delivers modular tools—including wealth reports, portfolio management, financial simulation, and an AI financial advisor—to transform raw data into actionable insights. Results can be accessed via an online portal, API, or downloadable reports, enabling advisors to provide personalized, real‑time recommendations without manual data handling.
Target Audience
Primary customers are financial advisory firms, private banks, and wealth management platforms that require comprehensive, real‑time client asset data to enhance advisory services.
Features
- Institution‑agnostic data connectors that extract and normalize wealth data from over 600 financial entities
- Automated reconciliation and enrichment pipeline that adds market information for accurate portfolio analysis
- Modular analytics suite (wealth reports, portfolio management tool, financial simulator, AI advisor) customizable to client needs
- Secure, API‑first delivery of unified data for integration with advisor portals, CRM systems, or custom applications
- Certified security and data‑precision controls ensuring granular, trustworthy information
- Scalable architecture supporting hundreds of clients and processing up to 500 k portfolios per month