Market data aggregation and financial product management: The pre-requisites of successful digital transformation journeys
FinTech global recently sat down with Fredrik Davéus, the CEO and co-founder of financial analytics API developer Kidbrooke. During the discussion, Davéus discussed market data aggregation and financial product management and its impact on financial institutions’ digitalisation journeys.
Kidbrooke collates decades of research in quantitative finance and behavioural economics into APIs that can empower a financial institution to build next-generation digital wealth experiences. Its flagship solution is the OutRank API, a financial simulation engine that can transform decision making and forecasting.
During the interview, FinTech Global and Kidbrooke covered:
- How Kidbrooke’s technology supports market data aggregation and financial product management.
- What the main challenges with aggregating and analysing investment product data.
- The main obstacles financial institutions face in investment product management.
- The “data paralysis” phenomenon many institutions experience.
- How Kidbrooke ensures consistency in quantitative decision support across different sales channels.
- Advice for financial institutions struggling with data challenges on their digitalisation journey
These are just a handful of the points covered during the interview.
On the topic of Kidbrooke, the WealthTech company recently outlined the four biggest trends to come out from the first quarter of 2023. At the top of this list was ChatGPT, which has stolen the imagination of businesses in most industries. Find out more here.
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