Top Business-to-Business Wealth Tech Players

Top Business-to-Business Wealth Tech Players


If you’ve been following our series on wealth tech, you’ve seen our analysis of the industry as a whole, a review of the top trends, and an examination of B2C wealth tech players.

Our wealth tech coverage continues this week with a review of business-to-business (B2B) players in the wealth tech space. These are companies that cater directly to banks, advisors, or brokerages, instead of offering products or services directly to consumers. B2B wealth tech is a large category, so I’ve sub-divided it into four digestible groups and listed my top picks for each category. Since category sizes vary, the number of selections also varies.

Alternative investment services
These are platforms that help advisors connect clients with unconventional investment types, such as private equity, hedge funds, futures, real estate, etc.

Screen Shot 2017-01-19 at 11.44.57 AMEquityZen’s EZ Institutional lets advisors give clients access to a diverse asset class

Technology for advisors and brokerages
These are tools available via API, SDK, or web interface to help advisors compete with robo advisors by allowing them to invest with less bias, increase client communication, scale operations, find new clients, and more.

Screen Shot 2017-01-19 at 11.40.41 AMTrizic offers advisors their own digital tools to compete with robo advisors

Non-U.S. B2B investment and advisor technology
Similar to the above category, these companies offer tools for advisors outside of the U.S.

Screen Shot 2017-01-19 at 11.30.52 AMmeetInvest helps advisors invest like world-renowned market experts

News and Information Companies
These are online platforms, APIs, or SaaS offerings that provide advisors market information, show them trending news, or connect businesses with market data to power their own products.

Screen-Shot-2016-10-31-at-3.22.22-PMForwardLane’s dashboard acts like a private research analyst for advisors advisors, helping them stay current on new trends and funds

Finovate Alumni News


  • Finovate Debuts: mydesq Helps Wealth Managers Save Time and Boost Engagement
  • YapStone Closes $60 Million Debt Financing Deal

Around the Web

  • Xignite recognizes innovative uses of its market data API at Capital One People & Money Hackathon.
  • CashStar teams up with IDT Telecom to expand digital gift card distribution among the underbanked.
  • Ingo Money closes acquisition of Fuze Network.
  • The Guardian Business profiles CurrencyFair co-founder Brett Meyers.
  • CSI globalVCard earns two finalist spots at the 2015 SIIA Software CODiE Awards.
  • Robust Tech House takes a look at the differences and similarities between Quantopian and QuantConnect.
  • Tibco updates Live Data Mart software with embedded predictive analytics and support for the internet of things (IoT) and in-memory data-grid technology.
  • Mozido to use SimplyTapp’s HCE technology to bolster payment platform.
  • Callcredit partners with Trulioo to power AML/KYC verification services. Come see Trulioo’s live demo at FinovateSpring in San Jose.
  • Notre Dame FCU to open full-service insurance agency powered by Insuritas.
  • Forbes talks to Trulioo about solving AML/ KYC for startups. Come see Trulioo at FinovateSpring.
  • Valid Soft deploys voice biometrics solution to a large U.S.-based corporation, its first U.S.-based customer.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Debuts: mydesq Helps Wealth Managers Save Time and Boost Engagement

Finovate Debuts: mydesq Helps Wealth Managers Save Time and Boost Engagement


Wealth management is a people business. The biggest evidence of that is the amount of technology devoted not only to managing assets, but also managing people.

That’s one of the biggest takeaways from the new platform for wealth managers demonstrated by mydesq during its Finovate debut in February. By putting more information at the fingertips of wealth managers—no simple task—mydesq makes it easy for managers to know more about their clients, their investments, their financial behavior, their goals, and ultimately, what it will take to build the strongest, most valuable client/manager relationship possible.

The stats

  • Founded in July 2014
  • Headquartered in Zurich, Switzerland
  • $1 million in funding raised
  • Milan Vora is CEO

The story

mydesq makes available on tablet everything a professional wealth manager needs to work with a client. This gives wealth managers the ability to do their jobs on the go. But the real value of the technology lies in the speed and ease at which it delivers relevant information.


What’s relevant can range from a client’s current investments to the weather forecast at the client’s location. Whatever it takes for a wealth manager to get up to speed quickly with a given client—for example, handling an unexpected phone call from an old client eager to do business—can be easily seen: Each account is divided into six key areas displayed graphically with donut charts. These areas, including assets, account performance, risk profile, even customer-engagement metrics like frequency of contacts from the manager, are located at the top of the account page and can be analyzed further individually. mydesq even displays how much the manager is earning from the client’s business.

And because it’s built on a tablet, navigation is a matter of simply tapping the screen.


The platform helps wealth managers handle the basic tasks of handling wealth as well. The technology’s investment-suitability engine makes sure that proposed trades and investments are consistent with the client’s assets, investment risk profile versus product risk, and other factors. For compliance, the disclosure documents, educational materials and suitability letters are all available due to the platform’s proprietary rule engine. And location is no obstacle: “Any regulations in any combination,” Vora said. “We timed at a Swiss bank how long it took a wealth manager to do this trade and all these other things manually.  It took them 17 minutes. Here you can do it in 30 seconds.”

The technology also allows wealth managers to show their clients walk-forward, risk analysis models of how the portfolio will be affected by various stressors and potential market conditions.

The future

Reflecting on mydesq’s Finovate debut, Francis Groves of MyPrivateBankingResearch was especially impressed by the platform’s ability to keep wealth managers compliant. “This not only enables advisors to keep up-to-date with regulations in multiple jurisdictions, but also seamlessly introduces all necessary compliance-related changes to the adviser’s work processes,” Groves wrote. The technology was also among the FinovateEurope 2015 favorites of DataMonitor Financial Senior Analyst Bartosz Golba.


Adding new features, such as Liquidity Projections and KYC is among mydesq’s top priorities, as is keeping the brand visible via participation in events like the recently held Digital Banking Summit in Barcelona.

From the Finovate stage, mydesq CEO Vora explained  his company’s technology as more than just putting a wealth manager’s Bloomberg, CRM, portfolio analysis, MIS, and more all in one place and “fit it onto an iPad.” The goal is to make wealth managers more proactive, more compliant with regulations, and more efficient through automation and other technologies. For wealth managers who share this goal, mydesq may be a worthwhile first step.

See mydesq demo its technology live at FinovateEurope 2015.

mydesq Presents a Powerful Workbench for Wealth Managers

mydesq_logo_high-res.jpgThis post is part of our live coverage of FinovateEurope 2015.

mydesq is up next, with its solution to help wealth managers improve the client experience.
Imagine having your desktop in your hand; mydesq is a powerful workbench that allows wealth managers to work from anywhere, anytime.
Simple and intuitive, it is tailored to your every need.
We are demonstrating two use-cases: how wealth managers can gain 70% efficiency by using our investment suitability, and how the creation of an investment recommendation campaign can be done effortlessly.
Presenter Milan Vora, CEO & Founder, and Amit Gupta, VP Sales, Metadesign Solutions

Product Launch: February 2015
Product distribution strategy: Through financial institutions, licensed
HQ: Zurich, Switzerland
Metrics: $1 million raised; 7 employees
Twitter: @mydesq

FinovateEurope 2015 Sneak Peek: Part 7


FinovateEurope is less than a week away, and we’ve already surpassed last year’s record-breaking attendance. Soon, we’ll be sitting inOld Billingsgate Market Hall in London, enjoying tea while enjoying the first day of live demos at FinovateEurope.

Want to be a part of the largest FinovateEurope crowd ever? Get your ticket soon before it’s sold out.


In this final post of our Sneak Peek series, we’re featuring Aire, Akamai Technologies, LifePay, MoneyHub, mydesq, Onlinepay.comSedicii, and Taulia. You can see all the posts here:


Aire is an alternate credit score for people. Our mission is to help thin-file customers who qualify for essential financial products via this new score.


    • Rescore credit rejections to lend to 15%+ more customers
    • Improve overall cost of acquisition
    • Minimal change to existing risk profile

Why it’s great
Aire can help turn a No to a Yes.



Aneesh Varma, Co-founder
Varma is a serial entrepreneur with a prior startup in enterprise retail tech, he started off in consumer finance at JPMorgan. He’s an engineer with a background in predictive algorithms quantitative finance.



Jon Bundy, Co-founder
With 14 years across financial technology, Bundy has been building risk and data products with an additional expertise in fraud detection and AML as well. He was previously at RBS, Searchspace and Symbian.



Akamai Technologies is a leading provider of cloud security services, helping banks provide secure, high-performing user experiences on any device, anywhere.


    • Focus on the source of the request
    • Determine the extent to which that source has sent malicious requests in the past
    • Make predictions regarding how much that source can be trusted in the future

Why it’s great
The Akamai Client Reputation service provides financial institutions the ability to forecast intent and protect applications against web attacks.


Ory Segal, Director of Threat Research


Nick Coleman (pictured), Web Security Specialist




LifePay is an mPOS EMV chip-and-pin solution, allowing SMEs to accept payments by plastic cards via smartphones, and get LifePay Stand and overall sales analytics.


    • LifePay-mPOS chip & pin is a start-point of LifePay ecosystem
    • LifePay offers the LifePay Stand solution with a portable printer and cashbox as a next-gen cash register.
    • Merchant’s portal

Why it’s great
LifePay – inspiring Asia


MoneyHub puts the user at the center of their financial universe and helps them visualize their future. MoneyHub’s Ecosystem will empower people to connect, share data and collaborate with their financial advisers and institutions like never before.

Why it’s great
Your customers are already using MoneyHub, why not see how you can use it with them?



Toby Hughes, CEO MoneyHub
Hughes, Founder and CEO of MoneyHub, is an entrepreneur with more than 10 years of digital marketing and technological innovation experience in financial services.



Dave Tonge, CTO
Tonge, CTO at MoneyHub, has a strong technical skill-set and entrepreneurial instincts. Dave specializes in innovative business strategy and agile software architecture.



mydesq is an iPad-based workbench which combines products, clients, accounts and analytics providing wealth managers the information advantage to work smarter.


    • Work from anywhere, anytime
    • Simplify work
    • Increase Sales & Service

Why it’s great
It revolutionizes and simplifies the way wealth managers work.


Milan Vora, CEO & Founder

OnlinepayLogo2.jpg is a mobile wallet for students. Share, buy and top up!


    • Share your money with your friends
    • Make purchases directly from your mobile phone
    • Top up your gaming accounts  

Why it’s great is a mobile wallet, designed for fun and sharing money, convenient mobile shopping and top up of gaming and trading accounts.



Vladimir Kovalevskiy, Director
Kovalevskiy has in-depth experience in the payment and e-commerce fields in Russia and abroad, including projects related to mobile payments.



Anfisa Chernaya, Marketing Manager
Chernaya is working in marketing field for last 5 years.



Sedicii eliminates the exposure (storage and transmission) of private data required to authenticate.


    • Sedicii Payments Card Authentication
    • Sedicii Mobile Authentication
    • Sedicii Contact Centre Authentication

Why it’s great
It is innovative technology for more secure authentication and identity verification.



Rob Leslie, CEO
Leslie’s track record includes part of the original management team to establish/grow Dell Japan to $300M TO in 4 years. Leslie also co-founded PTS Japan, sold in 2000, having achieved $33M valuation in 5 years.



Richard Coady, Commercial Director
Coady has held senior positions with BT, WBT Systems, Prometric. He will work towards the implementation of the International Sales strategy for the Sedicii portfolio of authentication applications.



Taulia transforms supply chains, enabling organizations to create a healthy relationship between suppliers and buyers.


    • Sets up a SaaS network between a buyer and all its suppliers with eInvoicing
    • Uses network to offer all suppliers an opportunity to get paid early using third-party finance
    • Preserves buyer capital

Why it’s great
Taulia solves the buyer/supplier payment dilemma.



Matthew Stammers, European Marketing Director
Member of the European management team with responsibility for launching Taulia in Europe. Previously worked for Bottomline Technologies and Capita and holds a Henley MBA.


Christophe Juvanon, European Solutions Consulting Director
Key member of Taulia’s European team responsible for understanding customer’s requirements and solution fit. Previously employed by OpenText and DHL. Holds a post-grad degree from Napier University.


That concludes our Sneak Peek series. You can catch all 70+ companies as they demo live at FinovateEurope on February 10 and 11. Pick up your ticket here.

Questions? Check out our FAQ.