The firms have announced a strategic partnership and integrate solutions
The ever-evolving wealth technology space demands constantly improving solutions and two Canadian firms are joining forces to boost advisors’ productivity.
Croesus and Mako Financial Technologies (Mako Fintech) have announced a strategic partnership that will integrate their respective wealth management platforms to enhance the onboarding and management of new and existing clients.
The first part of the integration will be adding Mako’s solution for KYC and document related processes and workflows into Croesus’ widely used portfolio management system.
Marc Riel, VP of business development and strategic partnerships, North America at Croesus, says that the partnership and integration addresses demand from Canadian wealth professionals for a more streamlined approach to the technology they use.
“The lack of integration between IT solutions for the various tasks that financial professionals carry out daily has always been cited as a source of frustration and delays by wealth managers,” he said. “Thanks to this partnership, we’re solving this ubiquitous problem efficiently and cost-effectively, and I’m convinced that our respective customers will greatly benefit.”
Raphaël Bouskila, president and founder of Mako Fintech, added that the integration of two leading wealth technology solutions will make advisors’ lives easier and lead to better outcomes for clients.
“Being able to automate and digitize the onboarding process for customers, and maintain data consistency throughout the investor lifecycle, guarantees lower costs, faster onboarding, and better customer service. This is what this partnership is all about,” he said.
