Sweden-based financial services software company Bricknode has agreed a strategic partnership deal with Quantfolio, a digital investment advisory platform in Norway.
The partnership will see the firms provide wealth management companies with solutions for investment advice and trade/order management.
Quantfolio’s platform supports advisers and clients through different steps of the investment advisory process, from client onboarding, to suitability assessment, ESG insights and generation of investment proposals. Quantfolio clients will now have access to Bricknode’s investment management system for multi-asset trade/order management and back-office operations.
Quantfolio will join Bricknode’s partner ecosystem, which provides its clients with access to a range of wealth technology solutions.
Erik Hagelin, co-chief executives at Bricknode, said: “Investment and advisory companies have had to adapt to serve clients who increasingly expect enhanced digital experiences. That’s why we’re delighted to add Quantfolio’s investment advisory platform to our partner ecosystem.”
Martin Wik Sætre, chief executive at Quantfolio, added: “We’ve received an uptick in requests from our clients for investment operations software to complement our advisory platform. We decided to team up with Bricknode so we can offer a highly automated and scalable investment management system to our clients.”