Knowledge Base Articles

Personal Accident Insurance: Would My Savings Suffice?

Determining whether one’s funds would be sufficient to sustain their lifestyle is vital for everybody. At Kidbrooke, we provide the technology that enables everyone, not only the most fortunate, to plan their financial future reliably, securely and accurately, while at the same time enabling financial advisors to deploy their most valuable asset, human advisor time, in the most efficient way possible from a business and revenue perspective. A step outside the HNWI space often leads to the place where tools offered by the market-leading financial institutions fail to provide adequate help to the customers planning their financial lives or the lives of their families. Today’s case study examines a real-life experience of a Swedish family who struggled to receive adequate help from the local wealth management service providers.

Skandia Case Study II: Building Channel-Agnostic Wealth Experiences

Founded in 1855, Skandia is one of the indisputable market leaders in financial advisory services within the Nordics. Throughout its long history, the institution has relied on the expertise and experience of its financial advisors, who earned trust and appreciation from thousands of customers over the decades. Today, as the company transitions to a multichannel, digitally empowered business model, a focused area is the delivery of a superior service through all available channels – from traditional face-to-face meetings to digital financial experiences. Therefore, the insurer strives to build communication channels in a digital space that would match the physical experiences in engagement levels and even improve the service quality in a way that has not been achievable before.

OutRank User Guide: The Walkthrough of the Digital Investments Use Case

Welcome to our brand-new series describing the elements of digital financial experiences you can build using OutRank API!

Steps to heaven - How to take your customers on a journey to the land of digital trust

Fredrik Daveus, CEO at Kidbrooke®, explores how to build trust in digital wealth management for the Swiss WealthTech Landscape Report 2021 by The Wealth Mosaic.

Skandia Case Study: Pioneering Seamless Digital Wealth

The financial guidance and advice services, which constitute the life insurer’s core business, were among the first to go through the transformation. Joakim Pettersson, the digital strategy and innovation lead at Skandia, believes that digitalisation is “the only way to scale financial advisory services”.

Part III - Portfolio Construction - The Real World Analysis

In the third and the final part of our “Portfolio Construction” article series, the findings of the previous sections are applied to a broader and more realistic set of assets to evaluate the performance of the proposed methods against more conventional techniques.

Part II - Portfolio Construction - Sampling & Optimisation

The second part of the “Portfolio Construction”-series explores whether introducing parameter uncertainty to the model would improve the out-of-sample performance of the optimal portfolio. Additionally, the article proposes and tests two adjustments to regular utility optimisation.

Part I - Portfolio Construction - Parameter & Model Uncertainty

There is a number of challenges associated with portfolio construction based on historical data. This three-part article series explores some of the most common issues attributed to the model-based portfolio optimization: the sensitivity to changes in data, large variations in portfolio weights and the bad out-of-sample performance.

Blog Articles

The Hybrid Wealth Business: Focus on Technology

Modern technology has enabled self-service wealth management where end-customers can investigate, learn and make decisions about their financial situation. This marks the beginning of the democratization of the industry, where seamless guidance through the intricacies of personal finances is available for those who would not previously have the privilege of using the services of a financial advisor. However, combining technological advancements and the human-led service of a financial advisor in many cases leads to a better experience. This effect is achieved through empowering an expert with the tools that help them improve the quality and content of their work to levels previously unachievable. At Kidbrooke, we provide technology enabling financial advisors to build trust and truly future-proof their business models without losing the human connection. In this article, we describe two important elements of the customer experience that a hybrid model could add to any modern physical advisor’s arsenal:

From Digital First to API First: Benefits for Financial Institutions

The race for financial institutions to go digital, digitise their legacy systems or be “digital first” shows no sign of letting up. Customers expect a seamless journey and internal stakeholders will only invest in technology that is robust, cost-effective, secure and extensible into the future. What does extensible mean? In the world of programming, it refers to a language, a system that can be changed by being extended or adding features. In other words, you don’t want to invest in technology that is static or fixed, because it will become obsolete. Can adopting APIs before you transform your entire technology infrastructure to a digital operation give you a competitive advantage?

WealthTech Trends for the 4th Quarter 2021

Every quarter, we summarize the three most prominent trends in WealthTech and we are excited to share our latest summary with you today! In the forth quarter of 2021, we noted that successful wealth managers will make the most of advanced analytics. Second, that having an investment strategy with respect to digital assets will become critical in metaverse. And third, that leveraging technology to better engage with clients will likely pay off.

Dare To Be Different: Differentiation for Wealth Managers

The competition for wealth management firms to win with customers is constant and growing. What is driving this? Technology is the source of the problem, because it is driving down costs and fees while accelerating the commoditization of offerings. Technology is also the answer, because the intentional, intelligent application of technology can help wealth managers reinvent and differentiate themselves. Let’s focus on four themes embraced by leaders in wealth management: connectivity, trust, confidence, and action.