FusionIQ, a cloud-based wealth management solutions provider for financial institutions headquartered outside of Boston, has formed a strategic alliance with Kinecta Federal Credit Union to offer additional investing services to bank and credit union customers. According to a recent announcement, the move is designed to strengthen Kinecta’s client retention while also boosting new membership.
“There’s mounting evidence that traditional small accounts solutions have not evolved to properly service and meet the growing demands of institutions in the banking and credit union space,” said Mark Healy, Chief Executive Officer of FusionIQ. “We’re excited to partner with Kinecta on their digital transformation, delivering proven digital investing solutions that align with their mission of empowering their members to live their best financial lives.”
FusionIQ’s end-to-end technology lets credit unions and banks control their investing experience with hybrid digital advice and self-directed investing modules. The FusionIQ offering allows Kinecta to provide this full experience on a single platform. A fully integrated platform, FusionIQ One enables credit unions and banks to diversify through hybrid digital advice, or a self-directed investing option, which enables a new generation of digital investors to make their own investing decisions.
The FusionIQ offering allows Kinecta customers to control their investing experience with both hybrid digital advice and self-directed investing modules on a single platform.
“Here at Kinecta, we recognized our membership needed an investing solution that was designed to align with a digitally driven demographic” said Donna McNeely, President of Kinecta Wealth Management. “FusionIQ provides a turnkey offering that goes beyond a tech solution. Ours is a strategic partnership, and we look forward to expanding member services.”