FusionIQ, a provider of cloud-based wealth management solutions and an all-in-one digital platform for financial institutions, has confirmed its collaboration with Kinecta Federal Credit Union.
The combined FusionIQ One platform enables banks and credit unions to easily offer new investing services aimed at preserving customers while extending their membership base.
Credit unions and banks may take charge of their investment experience using FusionIQ’s end-to-end platform, which includes self-directed investing modules and hybrid digital guidance.
Kinecta is able to deliver this comprehensive experience on a single platform due to the FusionIQ service.
FusionIQ One is a full-featured platform that helps banks and credit unions diversify by offering a self-directed investing alternative or hybrid digital guidance, which empowers an influx of digital investors to make their own investment decisions.
Mark Healy, chief executive officer of FusionIQ, commented: “There’s mounting evidence that traditional small accounts solutions have not evolved to properly service and meet the growing demands of institutions in the banking and credit union space. We’re excited to partner with Kinecta on their digital transformation, delivering proven digital investing solutions that align with their mission of empowering their members to live their best financial lives.”
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“Here at Kinecta, we recognised our membership needed an investing solution that was designed to align with a digitally driven demographic” added Donna McNeely, president of Kinecta Wealth Management. “FusionIQ provides a turnkey offering that goes beyond a tech solution. Ours is a strategic partnership, and we look forward to expanding member services.”
Furthermore, earlier last month, FusionIQ joined forces with Avantis Investors to enhance strategies.
The cooperation united two established figures in the field with a common goal of providing flexible and dynamic investment plans that put the needs of their clients first.
Advisers now have access to solutions via the FusionIQ Digital Model Marketplace, including Exchange-Traded Funds (ETF) from Avantis Investors.