Fincite started to bring the investment processes of established financial institutions into a new, digital age. In order to build on the successes of the past five years, the Frankfurt-based software provider has now presented its new advisory board.
Dietrich Voigtländer, Franz Josef Nick, and Peter Schwicht are experienced top managers who previously held leading positions in established financial institutions: Voigtländer as COO of DZ Bank and then CEO of WestLB, Nick as CEO of Targobank and now GM of C24 Bank, and Schwicht as CEO of JP Morgan Asset Management EMEA
"I am very pleased to continue to support Fincite in the further development of the company and to assist the founders on strategic matters," says Schwicht, who also acts as advisory board spokesman and has been advising the founders for several years.
Fincite benefits from the recently appointed advisory board on several levels. On one hand, long-standing experience at C-level can be directly incorporated into product development and on the other hand, the company gains a new perspective on questions regarding internal bank processes, such as ensuring compliance requirements.
"The advisory board represents different customer segments and helps us to understand our customers even better," said Ralf Heim founder and Co-CEO, Fincite. In addition to new challenger banks, private banks, and asset managers, the software provider's customer segment primarily includes international banks. Here Fincite wants to invest significantly, especially in the European market. Thanks to the strong network of the advisory board members, the company founders are looking forward to continued positive business development.
With Fincite.CIOS, financial institutions can aggregate, analyze, and optimize the entire assets of their customers and thus offer customers better advice - from hybrid to fully digital. Up to now, this service is only offered to high-net-worth customers. CIOS optimizes these processes so that investment advice becomes affordable and beneficial again.
"Over the last three years, we have seen a significant effort in the market for digitization. As the advisory board, it is our mission to advise Fincite in the long term, to generate impulses and thus ensure an optimal product-market fit" Schwicht says.