Munnypot’s white label solution enables financial institutions and advisors to set up a digital financial advice service quickly and cost-effectively. Your end clients will be able to buy the core financial products they need—i.e. investments, banking, insurances and pensions—via any device and whenever it suits them. Although the product selection and purchasing process can be fully automated, an advisor can become involved at any stage in the customer’s journey.
Jyske Bank bespoke digital investment advice solution
Munnypot enables your business to:
Knowing your end client’s circumstances, priorities and long term goals, an algorithm (as a hybrid; in conjunction with an advisor if required) identifies the most suitable outcome. As the product selection process evolves methodically—and in the user’s own time—your end client feels in complete control throughout the process. Where relevant, a report substantiating the recommendation is produced automatically by the system, or by the advisor.
Example: advice solution for mortgages and insurance
Discovery workshop: long-term goals, strategy and risks
The system is not prescriptive: it is built around your products and services, taking full account of your business model. We work with you to determine the scope of the service, the look and feel of the user-facing screens, the degree of automation and the product or products on offer. Ultimately, your digital advisor can evolve to become an all-encompassing financial planning platform. Product suitability is monitored continuously and users have immediate access to qualified personal financial advice whenever it’s required.
Masking Munnypot Enterprise’s proprietary algorithms is a clean and simple to use UI. Based on your requirements, you can either apply your own branding to our system or it can be redesigned from end to end. Clients can interact with the solution by completing on-screen forms or via a chatbot.
Detailed Design and Definition: Playback session
Flexible, scalable, adaptable API layer integration
Munnypot’s API integrates with multiple third-party applications—i.e. fund providers, ID/KYC verification, payment gateways, cash flow modelling software, open banking etc. Straight-through processing ensures that data flows unimpeded between your systems and Munnypot’s architecture; the user journey can be streamlined and personalised using your existing customer data. Transactions involving foreign languages and currencies are supported. The system is secure and scalable and can be hosted on an on-premise server or in the cloud.
Munnypot is an Appointed Representative of Resolution Compliance Limited which is authorised and regulated by the Financial Conduct Authority. Capita plc—the UK’s largest international business process outsourcing and services company—is a minority stakeholder in Munnypot. Since its inception in 2015, our technology has attracted retail banks, financial management firms and thousands of private investors. In addition, a range of entities draw on the Munnypot team’s advice expertise and IT skills to help identify, quantify and exploit business development opportunities and to construct digital advice propositions.
A range of UK and international financial institutions rely on our multichannel financial advice
solutions.
Here are some of our clients’ views about Munnypot Enterprise and the results
they’re enjoying.
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