Two adviser technology companies have been named amongst the top 100 WealthTech firms across the globe, selected by a panel of analysts and industry experts.
CashCalc’s cashflow forecasting technology is used by financial planners to create cashflow plans for clients, enhance firms digital engagement with clients through its portal and assist advisers with their onboarding processes.
Ray Adams, director of CashCalc, said: “To be awarded a place on the list of most innovative companies in the world, as a small company from south Wales, I’m completely and utterly blown away. I have a very young team here at CashCalc and they’ve somehow managed to turn my ideas into a great, engaging and intuitive tool.
“I’d also like to thank our users for the feedback they’re providing us. We’re constantly looking to improve what we can offer and their feedback has helped us develop the product even further.”
Adviser tech firm Visible Capital has been named in the WealthTech100 list for the second year running, in addition to being shortlisted for the Awards for Innovation 2021. Its technology aims to provide a more efficient, compliant onboarding of clients and suitability of advice for advisers.
Ross Laurie, CEO of Visible Capital, said: “We are delighted to once again be named in the WealthTech 100 and to be shortlisted for the Most Innovative Use of Data Award. We are all about using the fantastic capabilities arising from open banking/finance to help enable financial advice firms collect more accurate and richer client data and deliver a smoother and more valuable service to their clients.
“Our technology automates the onboarding process for advice firms, enables them to collect rich, accurate and more useful data on their clients which then feeds into the suitability process and the quality of the recommendations that can be made. We are here to complement the financial advice process and help advisers create greater efficiencies in their business, save costs and boost their service delivery to clients.”