Financial Decision Support

Kidbrooke’s financial decision support toolkit is a collection of APIs that support investment goal creation, risk profiling and investment product ranking. Our roots as technology and risk management consultants enabled us to create a cutting-edge approach to each of the stages of the process, ensuring a reliable framework for high-quality wealth services.

Implementation That Suits Your Infrastructure 

Our Financial Decision Support toolkit can be integrated into your systems via multiple channels, depending on the existing internal IT infrastructure. 

Maintenance and Validation

We monitor and support our product around the clock ensuring that we always meet the highest standards of quality, efficiency and reliability. Moreover, our solution comes with a detailed and dynamic validation report.

OutRank Economic Scenario Generator

Kidbrooke’s Financial Decision Support tools ship with Kidbrooke’s Economic Scenario Generator, enabling our customers to regularly check whether the scenarios driving their offerings are in line with our independent benchmarks.

Risk Profiling

Our team of experienced quantitative analysts have created a unique risk profiling framework that helps to assess the consumers’ risk appetite in a more comprehensive way than conventional analysis.

  • Our methodology allows financial firms to tailor their offerings to more personalised risk profiles by correcting for inconsistencies in customer responses as well as creating a comprehensive risk profile by combining a general and investment-specific risk profiles;
  • We do not limit our risk profiling to matching a customer’s risk level to a position in an investment product matrix. Instead, we define a unique risk profile for each customer’s unique personal financial situation and attitude to risk;
  • Our framework is flexible enough to deliver a completely bespoke approach to risk profiling, be it an addition of a set of behavioural factors or their own lists of questions.

Establishment of investment goals

Financial Decision Support APIs allow consumers to establish and adjust their investment goals in line with their lifestyle preferences and incorporate a variety of holistic factors, such as income levels, credit exposures, spending and investments.

  • Our methodology enables financial institutions to establish granularity of investment goal formulation that is fit for purpose and delivers regulatory alignment;
  • Kidbrooke’s approach to establishing the investment goals allows the customer to adjust variables defining their “end goal” quality of life, in addition to changing the initial investment inputs.

Investment Product Ranking

Our approach to ranking investment products is a key element of enabling the platform to put the customers’ interests first.

  • Kidbrooke’s Product Ranking methodology is designed to rank investment products based on maximizing customers’ utility, which means that financial advice is compliant with Mifid II by design;
  • The utility-based approach powering Kidbrooke’s Financial Decision Support toolkit allows financial institutions to capture risk-return relationships more accurately from a statistical perspective;
  • Kidbrooke’s ranking methodology unlocks the opportunity to provide the customer with a truly personalised service achieved by assigning consumers products based on their specific utility;
  • Diverging from the conventional mean-variance approach allows the ranking logic to work well in realistic conditions (for instance, the correlation between financial assets does not have to be constant over time for the model to work and the assumption of asset returns being normally distributed can be relaxed).

Ready to Start Your Journey?

Get in touch with our experts who will be delighted to help you select and secure access to our APIs. Kick-start your journey with us and build the next generation of wealth!