Press release Monday Dec 6, 2021

Infront takes GOIO Data Services live for its Portfolio Manager solution

GOIO Data Logo
  • Connectivity to the complete depository banking world for Infront Portfolio Manager users
  • Electronic processing of transactions for more than 2,000 relevant European banks via GOIO Data Services
  • Transaction statements fully digitised in a consistent format

Infront, a leading European provider of financial market solutions, announces its cooperation with GOIO Data. GOIO Data digitises portfolio data from any bank for asset managers, family offices and wealth managers. Through the link, Infront Portfolio Manager clients will be able to digitally process transaction data from over 2,000 relevant European custodian banks in the future.


"Especially in wealth management, there is a significant number of custodian banks, and therefore many interface formats. Even in the near future, programming and maintaining new interfaces for each custodian bank would not be efficient. Therefore, together with GOIO Data, we are pleased to offer our clients the possibility to connect to the complete custodian world in a digitised way, says Burhan Sancar, Senior Business Development Manager, Infront.

The advantage for Infront Portfolio Manager clients is that they no longer have to manually, but instead have the technical options to receive transaction statements digitised in a consistent format, with a high level of availability and from a single source. No exchange with bank IT is required, saving time, costs and being resource-efficient by going paperless.

We provide Infront clients with digital bank data in family office quality, including images of statements such as dividend statements, receipts for the purchase of funds, etc.". With one subscription, complete custody account data on all banks can be accessed directly via the Infront Portfolio Manager and are available fast - in a maximum of 14 days," says Stefan Kolb co-founder GOIO Data.

Burhan Sancar from Infront will be happy to answer any questions: Burhan.Sancar@infrontfinance.com

 

About GOIO Data
For asset managers, family offices and wealth managers and their IT system providers, GOIO Data supplies digital custody account data from any bank: Especially from the many banks that do not offer their own digital data supply. With this new offering in the European market, GOIO Data closes a digitalisation gap in the European wealth market.
Wealth management clients can now scale their business more easily and independently. GOIO Data has implemented a unique combination of technology and data management operations.
Patrizia Schneider and Stefan Kolb founded GOIO Data in January 2020, and the first clients have been served since the fourth quarter of 2020. The current 10 employees combine many years of experience in securities processing and operational data management.
GOIO Data is fully financed by private equity investors.

 

By Christiane Kaczmarek

christiane.kaczmarek@infrontfinance.com