AkoniHub

With interest rates changing all the time, you don’t have the time or access to secure the best rates every time the market moves. Akoni ensures your cash and your clients' cash is always earning the best possible rates through our bank integrations and rebalancing your accounts without the hard work from you. We integrate with leading banks, we bring you updated savings options personalised to your preferences; ensuring your cash is always earning the best possible returns. Akoni provides Cash-as-a-Service with a cash marketplace and cash management solution to the wealth sector. The white label platform works with Private Banks, Wealth platforms and IFA/Wealth management firms providing solutions for their end-customers. This addresses risk/regulatory requirements, as well as benefits to clients across a range of holistic financial wellness relating to cash, including for clients targeting cash and digital solutions for inter-generational wealth transfers. Benefits to our wealth partners for the firm and end-customers include: • Providing Relationship Managers/Wealth managers and advisers with visibility of cash, enabling ongoing tracking of cash from multiple sources, as well as a self-service platform for clients. • Increasing returns on cash for clients, specifically during a covid19 environment with BoE rates at 0.10%, we still have banks paying 10x. • Spreading risk/multi-bank management - across FSCS government guarantee and using Fitch Financial Implied Ratings (FIRs) • Ensuring regulatory and governance obligations are met - including Investment pathways cash solution and fiduciary obligations relating to cash within wraps. • Increasing assets under influence, by including customer cash both on and 'off-platform' • Cash solutions for inter-generational wealth – with digital ‘family’ portfolios across generations, as well as business, charitable and personal cash management. The platform provides fully digital AML/KYC with no form filling