Wealth Tech for Banks and Credit Unions
Scalable, configurable, digital wealth management solutions that power digital onboarding, new accounts, and asset retention.
Banks and credit unions can now deploy a spectrum of wealth services—digital advice (robo-advice), full self-service investing, or advisor-supported investing (hybrid). Financial institutions can utilize this technology to digitally onboard new investors in a matter of minutes with a 100% digital process.
Make digital investing an extension of your core banking or credit union platform with single-sign-on and automatic funding account linking. Stem ACH outflows to your competitors while also offering customers and members secure wealth tech at the institution they already trust.
As a technology provider, FusionIQ is modular—meaning flexibility to deploy the specific module you need, or to build out a complete, private-label platform. Solutions can be ready for market in as little as 6 weeks, with options to add a mobile investing app and multilingual support. Wealth specialists and advisors have access to a model marketplace of custom portfolios that’s tailor-made for investors’ risk appetites.
FusionIQ is custodian agnostic, meaning seamless access across trusted, industry-leading custodians including (but not limited to) Pershing, Fidelity, DriveWealth, and Apex Clearing.
Case Studies
Top 3 Largest Credit Union
One of the largest credit unions in the U.S. wanted to modernize its wealth management offerings to better serve those who served their country.
- Provided credit union members with both digital investment advice and self-directed brokerage capabilities (2022).
- Enhanced customer acquisition capabilities with expanded product offerings.
- Launched integrated mobile investing experience utilizing FusionIQ’s mobile technology and drove a 10x digital investor account growth in one year of deployment (2022-2023).
Regional Bank
With 200+ branches across 6 states, this regional bank wanted to offer its customers additional investment options.
- Integrated Self-Directed Trading and Digital Advice modules with their existing systems and infrastructure.
- Provided their customers a 100% digital wealth management experience available on web, mobile, and tablet platforms.
- Enhanced their customer acquisition capabilities using detailed analytics and identified customers who wanted to save and invest.
- Efficiently scaled operations to accommodate growing customer volumes.
- Eliminated the need for costly infrastructure on their premises.
- Offered additional alternative investments to help widen the offering of asset classes to investors.
USE CASES
Use Cases for Banks and Credit Unions
Prioritizing Digital Wealth Solutions
The asset management sector has seen a rising demand for investment services. Meet the demand by digitally onboarding new investors in a matter of minutes.
Reducing Barriers to Entry
Offer low minimum investment accounts to make investing available to more people.
Automation is Important
Managing a large volume of low-balance accounts manually is inefficient, so utilize the Digital Advice module and automated workflows to scale operations.
Investors Expect Mobile Solutions
To stay competitive, financial institutions must offer modern mobile experiences—incorporate a mobile investing app with multilingual support.
Deployment Timeline
Accelerate your time to having digital wealth tech live for your customers and members—in as little as 6 weeks.
Implementation
- Partner onboarding
- Modules configuration and customization
- Private-label branding
- Testing and training
- Move to production
Public Launch
- Production testing
- Integrations confirmation
- Public go-live when you are ready
