meetinvest are excited to launch its single-stock, expert-based Robo Advisor app, certified by Temenos, within the Temenos MarketPlace environment. meetinvest successfully integrated it’s Robo within the Temenos MarketPlace which will give the 2000 financial institutions around the world who use the Temenos core banking system a chance to trial the Robo app with real market data, from building a portfolio to execution.
Automated investment solutions, often known as Robo Advisors, aim to make the lives of investors simpler, by making investing easier, less expensive and more interesting. meetinvest CEO and Co-Founder Maria Jacquemai said: “There are a number of ETF-based asset allocation Robo Advisors out there, most with similar services, differentiated only by cost and types of funds they use. meetinvest’s Robo Advisor is unique as it is the only product offering available today enabling clients to invest into single stocks like the best of the best investors.”
meetinvest’s collaboration with Temenos began when they were selected amongst numerous applicants by Temenos to attend the Temenos InnovationJam competition in Singapore, where they showcased their single stock Robo advisor proposition, winning a place in the finals event in Barcelona, where they went on to place 3rd out of 12 finalists. It is a step in the right direction then, for Temenos to integrate meetinvest into their MarketPlace offering. Maria Jacquemai, Co-founder & CEO at meetinvest, said: “Becoming a Temenos MarketPlace provider opens up the opportunity to reach a great number of financial institutions and showcase our Robo-proposition within the MarketPlace environment.”
Aaron Phethean, MarketPlace Product Director, commented: “I’m delighted to see meetinvest come all the way through the Temenos Innovation Jams, present in the final at TCF, and now be published on the Temenos MarketPlace. We can now offer world leading Robo advisor capabilities to our banking customers all over the world.”If you are a financial institution and would like to get access to the meetinvest Robo app on marketplace click here and then click on the blue button “Start a Free Trial”.
meetinvest is a provider of highly scalable digital B2B2C investment solutions for the global wealth management industry, offering an easy-to-use 24/7 digital investment advisor that allows any individual to build a personalised stock portfolio in just a few simple steps. Offered to banks as a white label solution, meetinvest is the world’s first single stock, expert based, Robo‐Advisor.
Employing a ‘role model’ approach, meetinvest have replicated the success formula of over 30 stock investment legends (e.g. Warren Buffett, John Templeton) allowing individuals to invest like them and build portfolio’s in just a few clicks. The systems screen 69,000 stocks, across 128 countries every night, to ensure only the most attractive and promising stocks end up in the portfolio. Should the fundamentals of a current holding change for the worse, the Robo will keep the user on top of things and immediately suggest three replacement stocks in order to improve performance. Extensive back-testing of all strategies over a 16-year period alongside meetinvest’s benchmark beating live portfolios, shows that disciplined systematic investing can achieve outstanding results. The product is more than just a front-end tool and can be integrated on the front, middle and back end to maximise the ease for the end user experience (UX).
Temenos is the market leading provider of banking software systems to retail, corporate, universal, private, Islamic, microfinance and community banks, wealth managers, and financial institutions. Headquartered in Geneva and with more than 55 offices worldwide, Temenos software is proven in over 1,600 customer deployments in more than 150 countries across the world.
About Temenos MarketPlace
MarketPlace has been developed as the Temenos online, self-service digital store, which enables financial institutions to experience the latest innovations in financial services technology (widgets, apps, integrations & solutions), and deploy them quickly and securely. MarketPlace gives FinTech providers the opportunity to become world leading FinTech solution providers by bringing innovations to market, showcasing their solutions worldwide, connecting with financial institutions and generating additional revenue. Aaron Phethean, MarketPlace Product Director, added:”At Temenos, we recognise how difficult it is to stay in touch with the latest technology advances; our MarketPlace allows each financial institution the ability to differentiate itself, be innovative and provide added value to their customers – be it the user experience, integration to new market offerings, behaviour analytics, or many other value add solutions.”