How they describe themselves: Strands Personal Finance (SPF) is a leading provider of PFM solutions to global financial institutions and consumers. Strands PFM provides banks an ability to further engage customers and help users manage their money efficiently. The application allows users to analyze spending, set budgets, compare themselves to a peer community and save money with targeted recommendations. The application allows banks to strengthen their customer relationships, gain valuable customer data, and develop enhanced cross marketing opportunities. Strands PFM technology also powers the 2010 Webby award winning consumer PFM site, moneyStrands. SPF has offices in San Francisco and Barcelona. Web: spf.strands.com or moneystrands.com.
How they describe their product/innovation: Strands Personal Finance Business Intelligence solution (SPF BI) is a web based application that utilizes the user data from a Strands PFM solution and allows banks to easily gain insights and take action to improve the adoption, ROI and profit of PFM solutions. SPF BI will include a dashboard for banks to: (1) quickly and easily access the data from the PFM, (2) visualize key metrics, (3) personalize and customize the PFM and (4) measure ROI and/or key KPIs. These features are designed to provide banking executives with powerful customer information and link data to customer behavior. This increases the opportunity to provide targeted marketing.
Key Executives: Edward Chang (VP Strategy & Business Development), Marc Torrens (CIO)
Key Investors: BBVA, Debaeque Venture Capital, Sequel R&D
Key Partnerships: IBM
Customers: Strands Personal Finance licenses its next-generation PFM solution to global financial institutions. Customers include BBVA in Spain, ING in The Netherlands, and Bank of Montreal in Canada. In addition, Strands PFM powers moneyStrands, a direct-to-consumer offering.
Bus. Dev., Sales: Edward Chang, VP Strategy & Business Development, firstname.lastname@example.org
Press: Alla Oks, Marketing Director Personal Finance Products, email@example.com
Sales: firstname.lastname@example.org, +90 212 254 4895
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