Streamlining investment transfers: speed and simplicity with real-time data.

Consumers today are expecting everything at their fingertips, in every aspect of their lives, especially when it comes to managing their finances. Yet, the process of transferring pensions or ISK savings remains frustratingly slow and complicated. It can take up to three months, filled with paperwork, endless waiting, and hunting down the right information. But why should your customers’ financial lives be slowed down by outdated processes?

The answer is: they shouldn’t. And they don’t have to. With real-time access to your customers’ investment and pension data— account information, monthly savings, performance per account, fees, balances and more —you can offer them faster, more personalized services. This is the level of convenience today’s consumers demand, and it’s time for banks to meet those expectations. 

How can it take only 3 days?

Transferring an ISK account from one bank to another can traditionally take several weeks, with delays caused by paperwork, incorrect and incomprehensive data resulting in multiple touch points and a lengthier timeline. However, with access to live investment data, you can drastically reduce the time it takes to transfer funds and simplify the process for both your team and your customers.

With our solution, customers begin the process through your app or website. By selecting their current investment provider, all necessary data is fetched in real time, giving you everything you need to start a transfer, consolidate assets, or enhance wealth advice. This instant access to accurate information allows you to reduce transfer times to mere days, delivering a smooth, efficient experience.

In conclusion, at a time when customers expect speed and convenience, your bank can’t afford to rely on outdated processes. By accessing real-time investment data, you can provide faster, more personalized services that will set you apart from the competition.

So, why make your customers and prospects wait several weeks and potentially lose them along the way, when they can move their investments to you in just days?

If you’re curious to hear more, just reach out. We're always happy to help.