The platform will enable small and mid-sized asset management firms, as well as financial advisors, to launch and manage multiple cryptocurrency portfolios, while supporting their own clients with alternative investments.
Asset management firms may be looking into launching their digital asset strategy, or their clients may be requesting alternative investments. Still, they don’t necessarily have the know-how or resources to build internal infrastructure. It makes sense for ICONOMI Wealth to step in and make it happen.
By leveraging the ICONOMI Wealth platform, they can access ICONOMI’s full suite of expert services to tap into digital assets without high costs and complexities, while ensuring the safeguarding of investor assets through cold storage solutions.
Peter Curk, CEO at ICONOMI, says: “I am proud to present ICONOMI Wealth - a modern and mature tokenised/crypto asset management platform with six years of development at ICONOMI.
“With this offering, asset managers can start in less than a week and with no set-up costs. Asset managers can stay focused on managing their crypto investment strategies while our 'crypto platform as a service' takes care of everything else.”
Cutting operational costs through automation
ICONOMI Wealth delivers immediate access to trading on 10+ global exchanges, a compliance framework, custody, and regulatory clarity for firms using its services.
ICONOMI makes this possible through best-in-class execution, leveraging smart order routing and offering multiple liquidity options, alongside its intuitive asset manager-focused user interface and secure asset custody promise.
The platform delivers full automation of back-office processes, including compliance (KYC/AML) features, platform tech, liquidity sourcing, secure custody, and assists in onboarding investors, saving wealth managers valuable time and money when completing these procedures.
With ICONOMI Wealth, asset managers can access their own privately branded dashboard to manage communications with investors, and investors can securely monitor and track the progress of their managed portfolios.
By accessing all connected aspects of digital asset management on the ICONOMI Wealth platform, asset management firms can reduce their operational costs, simplifying the process of crypto investing.
Anthony Fernandez, Head of Business Development at ICONOMI, adds: “After speaking with countless wealth managers in the digital asset space, it became apparent there was not a complete digital asset wealth management solution in the market.
“Digital asset managers were faced with tedious tasks like upkeeping API integrations while managing sub-accounts, their investors were faced with huge third-party exchange risk due to using mainly one or two exchanges, and the security of assets was a key issue.
“This drove the innovation of ICONOMI Wealth, which solves countless issues that digital asset wealth managers are facing.”
With portfolio management, compliance, and custody all in one place, asset managers can now focus on what matters: generating Alpha for their clients.
ICONOMI is a platform focused on cryptocurrency portfolio management. Offering the right tools and infrastructure, ICONOMI enables experienced traders to create and manage their own Crypto Strategies, with advanced features to align strategy with market conditions.
ICONOMI’s advanced trading engine connects leading crypto exchanges around the world, with live updates on real-time market movements.
Experienced traders can share their skills with the ICONOMI community, enabling less experienced crypto enthusiasts to learn successful trades and build their own crypto investment portfolios.
By leveraging the ICONOMI Wealth product, asset management firms and financial advisors have access to trade execution, secure custody and regulatory compliance, all under their own brand.
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