Responsive has been able to predict with up to 99% accuracy how and when clients spend money. This helps Responsive work with wealth managers, banks, IFAs, asset managers and insurers to build hybrid advice and holistic client analytics solutions.

What is Responsive – what problem are you solving?

Today’s clients want personalized, holistic advice and expertise. Today’s Advisors and branch workers have to cover more clients and provide deeper value in less time. Responsive helps banks and wealth managers empower frontline workers with Next Best Actions that boost productivity and decision making.

What is a wealth management SOI?

A system of intelligence combines Systems of Record (like CRM, ERP) and Systems of Engagement (mobile apps and user facing software) with machine intelligence to coordinate and automate the decision-making processes that operate a business. In wealth management this means augmenting wealth advisors to better understand and serve clients, while at the same time giving the wealth enterprise the ability to adapt and perfect service strategies and policies. In short, it’s Uber for wealth management!

What type of companies do you work with?

Responsive works with wealth managers, banks, IFAs, asset managers and insurers to build hybrid advice and holistic client analytics solutions.

Responsive helps wealth managers create better experiences and outcomes for clients. Do you have any metrics you can share on the ‘better experiences and outcomes’?

Using the proprietary research technology built by Responsive Chief Science Officer Dr. Logan Grosenick, Responsive has been able to predict with up to 99% accuracy how and when clients spend money. Our behavioural analytics can be used to detect client life changes, opportunities and risks to help provide point in time personalized advice.

What advice would you give new startups in this space?

Focus on the wealth advisor’s experience, and productivity. Or… … just do something in payments or lending 😀

We have an array of craft beers and independent music at FinTECHTalents – Give us a great song to listen to AND tell us your favourite tipple.

Channel Tres – Raw Power. Brass Neck Brewery, Vancouver, BC – Hibiscus Wit

Responsive will be presenting as part of the FinTech Stories Stage at FinTECHTalents this November.