Vestrata raises £3m in pre-seed funding to launch its wealth management technology platform.
The newly launched fintech company secured the investment from industry insiders to bring its proprietary wealth management platform to market.
Vestrata provides a modular technology platform that delivers integrated investment solutions to wealth managers and private banks. The system combines portfolio analytics, reporting and risk management to help firms improve client engagement and reduce costs.
Vestrata has secured £3m in pre-seed funding to launch its wealth management platform. The business is led by former senior executives from major global financial institutions and offers modular investment solutions to private banks and wealth managers.
The capital will support the commercial rollout of the company proprietary technology, which delivers discretionary, advisory, alternatives and ESG strategies. The platform is designed to help financial institutions enhance client engagement, manage investment risk and control operating costs.
From the founder
"We are entering an era where wealth managers will no longer be able to rely on market appreciation to drive revenue growth. We know from first-hand experience the significant and accelerating financial and regulatory challenges faced by the wealth management industry. Firms now need to focus not only on managing their cost base but growing their revenues via enhanced client engagement."
Mark Le Lievre
Co-Founder and CEO at Vestrata
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About the company
Vestrata
Vestrata provides an integrated technology platform for wealth managers and private banks.