Digital online wealth management Qorus Banking Innovation Awards 2017

Submitted by

BinckBank

Premium
12/09/2017 Banking Innovation
Easy access, low cost, simple to use online wealth management.
Innovation details
Country
Netherlands
Category
Best New Product or Service

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.

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