Prometeia (Investment positions from different institutions in one place using Open Banking)

Prometeia (Investment positions from different institutions in one place using Open Banking)
Description

Problem: Picture this, you have different investments under management by different banks and financial institutions. 

Keeping track of all of them across all of them feels like juggling 1,000 pigeon eggs.

Open Banking solution: Using Open Banking Account Information Services (AIS), Prometeia imports your current accounts'  data from the different financial institutions managing your assets.

With the help of artificial intelligence (from an Open Banking enabler) to categorise transactions, Prometeia identifies all information related to investment activities by your various asset managers. 

These include investment coupons, dividends, incoming and outgoing transfers connected to money-in and money-out in accounts held by the other institutions.

The change? From one dashboard (Prometeia’s), you can now track and compare all your investments to know how each is performing without having to log into them separately.

Phase
Live
Industry
Wealth management
Niche
AI powered wealth management