ETFmatic Ties with Aion Bank to Launch Investment Solution

White-label wealth management platform ETFmatic has partnered with Belgium-based Aion Bank to provide an end-to-end investment solution to European companies.

Aion Bank purchased ETFmatic in 2021, and since then, the company has worked with German fintech UnitPlus and other European financial institutions.

According to ETFmatic, this new API-based turnkey investment solution can integrate into any bank or fintech's existing ecosystem. It also includes a fully digital investment questionnaire that can help determine an investor's risk limits. The resulting portfolios are then matched to the user's risk profile and automatically managed and rebalanced in order to remain relevant to the investor's risk.

ETFmatic can provide this solution in 32 countries across Europe thanks to Aion Bank's banking licence with additional branch licences in Poland, Germany and Sweden. The solution is completely end-to-end, which means that it has the ability to hold client money, safeguard and administer assets, execute regulated activities and deal with investments as an agent. 

It also makes wealth management available to a wide array of companies by covering technical, security, legal and regulatory barriers.

(Source: The Paypers)