Qorus Banking Innovation Awards 2017

Digital online wealth management

premium
Q+
12/09/2017 Banking Innovation

About

Easy access, low cost, simple to use online wealth management.

Innovation presentation

Binck Forward is an innovative, easily accessible wealth management service that allows everyone to define, visualise and track their financial aspirations. Binck Forward defines a customised growth path where investment risks are gradually reduced as a financial objective nears its completion.

Through automatic free of charge portfolio rebalancing and individualised recommendations, Binck Forward informs you how to stay on track towards your financial goal. Portfolios are mainly based on globally diversified, daily accessible, low cost index funds.

Clients enjoy an easy to use personal dashboard that visualises realised and expected returns for the lowest costs in the sector, with a starting investment of as little as €10.

In markets with low interest rates and deteriorating social security plans, Binck Forward's multi-asset model incorporates an innovative risk reduction strategy yielding more stable and attractive returns as a means to comfortably safeguard a healthy financial future.

Uniqueness of the project

Binck Forward enables clients to define an individualised client profile on the basis of which a customised portfolio of funds is created from leading asset managers, such as BlackRock, Vanguard and StateStreet. Fund allocation is optimised every quarter to match client objectives, while investment risks are gradually reduced as a goal nears completion.

Want to keep reading?

Become a Qorus member to get access to all our innovations

Interested in learning more? Speak to Boris, Qorus's Content Lead

Qorus has a library of almost 8,000 innovation case studies across critical areas like customer experience, sustainability, marketing & distribution and more that can be used to inform your decision-making.
Contact us

Related innovations

06/05/2024 Banking Innovation

Fully Digital Instant Account Opening Journey

Experience banking revolutionized: instant account opening in MVR or USD, seamless self-registration, Visa Debit Instant Cards, and fully digital Ujaalaa...

03/05/2024 Banking Innovation

Transforming Digital Banking: RAKBANK's Journey to Website 2.0 Excellence

Join us on RAKBANK's journey to digital banking excellence with the launch of Website 2.0. Our transformative approach integrates cutting-edge...

01/05/2024 Banking Innovation

Patakero.com

Patakero.com is a digital marketplace transforming financial services in Pakistan by enabling easy access to products like loans, credit cards,...

29/04/2024 Banking Innovation

User Experience in wholesale/SME by Santander Spain

In Santander we are focused on being the main bank of SMEs in Spain. We are currently leaders with a...

Related news & insights

Insurance
08/05/2024 Study

The future of healthcare: Transforming the pathway to wellness

In the swiftly evolving domain of healthcare, advancements in technology and innovation are fundamentally altering the landscape of wellness. From...

Digital Reinvention
07/05/2024 Article

Huawei's Intelligent Finance Summit 2024: Empowering banks

We're excited to announce Huawei's Intelligent Finance Summit 2024, happening in Shanghai from June 5th to 6th, 2024.

Insurance
07/05/2024 News

Wag! Group introduces WeCompare.com: Transforming insurance comparison

Leveraging Wag!'s expertise and advanced technology in the pet insurance sector, WeCompare offers a powerful comparison platform spanning various verticals,...

Insurance
06/05/2024 News

Swisscom Sure: The new way to ensure

Swisscom is expanding its insurance services, introducing "sure," a new platform that offers "ON/OFF insurance" and products from top-tier partner...