Increased interconnection between WealthArc and depository banks due to platform's expansion
In a significant move, WealthArc, a leading provider of data infrastructure solutions, has connected to over 140 custodian banks globally through its proprietary platform, the WealthArc Data Box. This platform offers AI-ready, daily-updated data feeds, providing wealth management and fintech applications with reliable and scalable data without delays or compromises in quality [1][2][3].
The company's global coverage includes key financial markets such as Switzerland, the United States, the United Kingdom, Monaco, and the Bahamas. Recent integrations highlight partnerships with notable institutions like Credit Agricole CH (Switzerland), Safra NY (United States), Société Générale and Kleinwort Hambros (United Kingdom), CMB Monaco (Monaco), Credinvest and Aargauische Kantonalbank (Switzerland), and Britannia Bank (Bahamas) [1][2][3].
Over the past 18 months, WealthArc has integrated more than 155 banks for new and existing clients, underscoring its rapid expansion and scalability. The focus is on building a robust native data infrastructure capable of servicing wealthtech and fintech providers globally, positioning WealthArc as a trusted partner in AI-driven wealth and asset management ecosystems [1][3].
Artur Kluz, CEO of WealthArc, stated that each new data feed expands the global network of WealthArc Data Box and reinforces its quality and reliability as the standard data infrastructure for AI-driven wealth and asset management platforms. WealthArc Data Box is addressing the most challenging data problems in the wealth and asset management industry today [1].
The wealth and asset management sectors are experiencing increased demands for AI, automation, and tighter compliance. WealthArc Data Box is being utilized in these modern AI-driven wealth and asset management platforms, offering a solution to the industry's data needs [2][3].
WealthArc, headquartered in Zurich, continues to build global coverage through its data infrastructure, aiming to provide a comprehensive solution for wealth management and fintech applications worldwide.
References: [1] WealthArc. (2021). WealthArc's DataBox Connects to Over 140 Custodian Banks Worldwide. Retrieved from https://www.wealtharc.com/news/wealtharcs-databox-connects-to-over-140-custodian-banks-worldwide
[2] Fintech News Switzerland. (2021). WealthArc Integrates with Credit Agricole CH and 14 Other Banks. Retrieved from https://fintechnews.ch/2021/08/23/wealtharc-integrates-with-credit-agricole-ch-and-14-other-banks/
[3] Finextra. (2021). WealthArc DataBox connects to over 140 custodian banks globally. Retrieved from https://www.finextra.com/pressarticle/87029/wealtharc-databox-connects-to-over-140-custodian-banks-globally
WealthArc, positioning itself as a trusted partner in AI-driven wealth and asset management, continues to expand its global data infrastructure by forming partnerships with institutions like Credit Agricole CH (Switzerland), Safra NY (United States), and others. This technology-driven approach supports the business's compliance with the increasing demands for AI, automation, and tighter compliance in the finance industry.
