Check6, the London-based provider of financial data and consolidated reporting solutions for the private wealth and banking industry, has announced that it will be collaborating with Blanco Services, a provider of an ‘all-in-one’, cloud-based banking platform for bank and asset managers.
Check6 will bring its automatic data feeds and data translation to Blanco’s Digital Asset Management Platform.
“Check6 has already connected over 60 top tier international banks and other custodians worldwide. No one else in the industry can bring the kind of high-quality data that Check6 can. With this solution we are happy to be able to improve the reporting value we bring to our customers,” said Joost Walgemoed, Blanco’s CEO.
Check6 brings the intelligent and unique network of independent data connections it has with banks and custodians, to its clients. Its automated platform processes financial data and transactions sent by its custodian network each day. Its solutions are modular, scalable and flexible, and can be delivered to HNWIs, banks and other wealth advisors. Their technology eliminates hidden risk and cost exposure, while analyzing and monitoring relative and absolute performances.
Johan-Pieter Verwey, Check6’s CEO, speaking about the announcement said, “We are pleased to bring our data feeds to Blanco’s customer-base in Europe. This affirms the trend we have been seeing in the market as companies realize the need for not just high quality and impactful reporting, but also quality data feeds for those reports.”
Fintech startup, Blanco, launched the first all-in-one banking platform for asset managers in Europe on September 6th. The platform has been developed to completely relieve both small and large asset managers: the entire asset management cycle is now automated, from client onboarding and KYC to portfolio management, securities administration and regulatory reporting. Blanco’s technology makes asset management more efficient and reduces costs (for both independent investing and pension investments).