OutRank powers seamless financial decision-making based on the simulations of the personal balance sheets of your customers. The holistic customer journey enables your financial advisors or customers to consider all aspects of personal finances developing over a lifetime while making a financial decision.
The OutRank API enables you to provide your customers with a holistic view of their financial situation by delivering actionable insights in an engaging and scalable way. Our technology delivers superior digital analytic that put consumers in control of their investments, loans and pension savings considered together. All this while improving the cost-efficiency of delivering financial guidance or advice by projecting wealth over time and empowering financial decision-making.
Whether you are looking to build generic guidance tools to support better point-of-sale decision-making or to develop a state-of-the-art robo-advice framework, OutRank has what it takes to turbo-charge your project! Moreover, it can equip your team of wealth managers with analytics to support optimal decision-making, creating an excellent choice for hybrid wealth strategies.
The OutRank API provides:
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.
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.
Welcome to our brand-new series describing the elements of digital financial experiences you can build using OutRank API!
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.
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”.
Evida began its path as a family office managing a wide range of assets for wealthy families. Initially, the Swedish financial advisor outsourced the management of equity and fixed income positions to other parties. However, the combination of their interest for factor-based investments and dissatisfaction with wealth management services provided by the largest banks in Sweden, Switzerland and Luxembourg convinced Evida to build their own digital advisory service.
In this article series, we present a machine learning-based approach to solving a common problem in financial modelling where one is faced with the task of estimating the value of a function which requires a significant amount of computation to evaluate. More specifically, a function that corresponds to a so-called nested simulation aimed at, for example, estimating a capital requirement for a financial institution or the risk associated with a structured product for a retail investor.
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.
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.
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.
Kidbrooke’s Economic Scenario Generator is an API that enables a spectrum of firms to model possible future states of the global economy and capital markets to drive a wide range of portfolio and risk management decisions.
Learn moreKidbrooke’s Balance Sheet Simulator is a critical element of OutRank API responsible for constructing future cash flow trajectories on the balance sheet level.
Learn moreKidbrooke’s financial decision support toolkit is a collection of APIs that support investment goal creation, risk profiling and investment product ranking.
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