FusionIQ, the Woburn, Massachusetts cloud-based wealth management solutions provider, has joined forces with Kinecta Federal Credit Union to facilitate the process for banks and credit unions offering additional investing services to their clients. The integrated FusionIQ One platform provides access to dozens of alternative investment strategies, alongside traditional options such as equites and fixed income offerings.
“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.”
“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.”
Kinecta ranks among the nation’s largest credit unions and is focused on expanding its footprint by retaining its existing client base and attracting new members by enabling digital investors to make their own investing decisions. The new relationship with FusionIQ allows the credit union to control its investing experience with hybrid digital advice and self-directed investing modules on a single platform.