John W. Kimbro, CTO FusionIQ is a leader in facilitating the path for financial advisors and institutions to be digital wealth leaders. Their integrated FusionIQ One platform enables institutions to easily transition from the headaches of disruption to being digital disruptors.
“From a technology standpoint, we were born in the cloud, and we have been cloud-native throughout our entire existence. We were never burdened with any legacy technology,” says John W. Kimbro, CTO of FusionIQ. “Our competitive edge lies not solely in a technological superiority contest with other fintech firms, but it stems from the unparalleled capacity to enhance workflow efficiency and overall user experience.”
This is possible due to FusionIQ’s team, which is not only experienced in cutting-edge technology but has also extensively engaged in the operational intricacies of the industry. For example, Kimbro and Mark C. Healy, CEO, FusionIQ, have each spent decades in the financial services space, indicative of the team's hands-on experience in the field. They perceive technology only as an enabler to make a difference and bring lasting progress.
FusionIQ’s clients typically approach the company to provide solutions to a variety of industry challenges from the significant ACH outflows to direct-to-consumer fintechs to the need to provide a digitally driven demographic a better customer experience.
Being cloud-native, the modular FusionIQ One platform delivers the flexibility and scalability institutions need for growth. Modules can be implemented together or separately depending upon the needs and capacity of the institution. The FusionIQ team takes a collaborative approach to help determine requirements and outlines an implementation path that can take as little as six weeks for a white label platform.
A modular approach lets institutions lower their platform costs, both on the technology and the implementation sides, making the process easy.
The modules also provide a true end-to-end workflow, delivering the efficiencies and productivity that drive growth.
FusionIQ One’s Digital Advice module can be client-driven, rep-assisted, or advisor-led, giving institutions maximum flexibility in their wealth management program. Institutions can customize their risk tolerance questionnaire (RTQ) and provide investors with goals-based planning, onboarding in as little as five minutes on many custodians, and beautiful dashboards.
For the advisor, the Digital Advice module delivers an unparalleled number of features from an intuitive advisor workstation to portfolio management tools, data aggregation and transactions, back office integration, team and branch management, AML, KYC, and CIP tracking and much more. SSO, mobile, multilingual structure, and API integration round out the features offered to institutions.
Our competitive edge lies not solely in a technological superiority contest with other fintech firms, but it stems from the unparalleled capacity to enhance workflow efficiency and overall user experience
FusionIQ One’s Self-Directed Investing module gives investors access to real-time data and information, enabling them to make informed and self-reliant investment choices and purchase individual securities. They can also opt for fractional trading based on their preferences.
Investors can use a traditional trading ticket or a shopping cart model, review their portfolio performance, track market trends, monitor progress toward their financial goals, set up watchlists, recurring deposits, systematic withdrawals, and more.
Like the Digital Advice module, Self-Directed offers institutions a full range of features to make it enterprise ready.
FusionIQ also partners with industry portfolio managers, making their portfolios available through its Digital Model Marketplace module. This allows clients to access money managers who might otherwise be inaccessible to them.
By delivering scalable digital solutions, FusionIQ empowers clients to embrace digital disruption. The distinct advantages it provides to clients enable it to gain a decisive edge in the industry.
“There’s mounting evidence that traditional small accounts solutions have not evolved to properly service and meet the growing demands of institutions in the banking and credit union space,” said Mark Healy, Chief Executive Officer of FusionIQ. “We’re excited to partner with Kinecta on their digital transformation, delivering proven digital investing solutions that align with their mission of empowering their members to live their best financial lives.”
“Here at Kinecta, we recognized our membership needed an investing solution that was designed to align with a digitally driven demographic” said Donna McNeely, President of Kinecta Wealth Management. “FusionIQ provides a turnkey offering that goes beyond a tech solution. Ours is a strategic partnership, and we look forward to expanding member services.”
FusionIQ’s end-to-end technology lets credit unions and banks control their investing experience with hybrid digital advice and self-directed investing modules. The FusionIQ offering allows Kinecta to provide this full experience on a single platform. A fully integrated platform, FusionIQ One enables credit unions and banks to diversify through hybrid digital advice, or a self-directed investing option, that enables a generation of digital investors to make their own investing decisions.
“Our focus is on helping our clients become digital wealth leaders,” Mr. Healy concluded. “This partnership is another victory for the credit union space at a time when more credit union members are asking their institutions to keep pace with their digital investing preferences. Some of the largest credit unions and banks already are strategically aligned with FusionIQ – using our white-label technology to deliver an experience that leads to greater advisor-client engagement and higher levels of member retention. We look forward to the future of the industry, defined by increased investment revenue and diversification as the democratization of investing builds stronger institutions.”