Introduction: Wealth Reader is a Madrid-based startup that has developed an API that provides standardised, real-time access to any type of financial asset held by any entity. With this API, financial institutions can have access to additional sources of wealth information that are not accessible through regulatory APIs, allowing for a more complete and accurate view of their clients’ assets. In this startup showcase, we’ll dive into the details of how Wealth Reader is changing the game for financial institutions.
Extending the Reach of Regulatory APIs: While regulatory APIs based on PSD2 provide access to certain financial information such as account balances and transactions, there are other sources of wealth information that are not accessible through these APIs. Wealth Reader’s API extends the reach of these regulatory APIs by providing real-time access to additional sources of wealth for any entity in the world. This new standard in the market for accessing these sources of wealth information enables financial institutions to get a more complete and accurate view of their clients’ assets, leading to better investment decisions and a more comprehensive financial plan.
A High Quality Service: Wealth Reader’s team has extensive experience working in regulated environments and has developed this product in-house from Spain. This approach has allowed them to offer a high-quality service with a superior level of customer support. Financial institutions that use Wealth Reader’s API can rest assured that they are getting a reliable and secure service that adheres to the highest standards of quality and security.
Conclusion: Wealth Reader is changing the game for financial institutions by providing real-time access to additional sources of wealth for any entity in the world. Their API extends the reach of regulatory APIs, leading to better investment decisions and a more comprehensive financial plan. With a high-quality service and a team of experts with extensive experience in regulated environments, Wealth Reader is poised to become the new standard in the market for accessing wealth information.
Link to Website and Socials:
Website: https://www.wealthreader.com/en/
Twitter: https://www.twitter.com/wealth_reader
LinkedIn: https://www.linkedin.com/company/wealthreader/
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