FinIQ
Company typePrivate
IndustryFintech
Founded2003
Headquarters
Singapore
Number of locations
18 (2024)
Area served
Worldwide
ProductsModular Capital Market Trading Systems
Number of employees
450 (2024)
Websitehttps://finiq.com/

FinIQ Consulting (or FinIQ) is a global fintech firm specialising in software solutions for the capital markets and investments industry. The company was founded in 2001 and is headquartered in Singapore, with offices in Kuala Lumpur, Jakarta, Bangkok, Hong Kong, Sydney, Tokyo, Taipei, Dubai, Madrid, London, Zurich, Frankfurt and New York and development centres in Pune, Mumbai, Bengaluru and Nashik.[1]

FinIQ recruits heavily from the Indian Institute of Management Ahmedabad (IIM-A), and in 2020 the company was one of the top recruiters in the laterals process, outhiring Microsoft and Amazon.[2] For the 2023 cohort, FinIQ were again one of the top recruiters, topping the list alongside PwC. [3]

Products

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FinIQ provides capital markets trading solutions to domestic and international asset managers, wealth managers, private banks, investment banks, mutual fund companies and brokerage firms. FinIQ's products facilitate the cross-market trading and life-cycle management of structured products (both equity and foreign exchange derivatives), mutual funds, insurance policies and bonds.

FinIQ offers GUI (Graphic User Interface) and API solutions, and providing full front-to-back automation. Its API-Services module enables financial institutions to build custom mobile, e-commerce, and web-based price discovery apps for both internal and external use. The FinIQ Connect suite is a comprehensive multi-dealer liquidity network, connecting 25 top investment banks and venues to deliver live quotes and rapid order capture for FX, FXD, EQD, structured products, shares, and bonds easily. Additionally, FinIQ’s UCP (User Configured Product) Toolkit is a unique low-code/no-code solution that empowers clients to configure their own trading and workflow solutions, enhancing product offerings and accelerating time-to-market.[4]

Clients and Partners

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FinIQ works with a wide range of financial institutions on both the buy side and the sell side whilst partnering with other service providers. Some of their clients include Mashreq[5] and BBVA [6], with BBVA's Epricer (a FinIQ product) recently winning the " Best Single Issuer Platform" at the SRP 2024 awards. [7]

FinIQ enjoys particular success in Asia, where all major wealth players today use FinIQ systems except for those who have built their in-house systems.[8]

References

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  1. ^ "FinIQ Consulting". LinkedIn. 01/11/24. Retrieved 01/11/24. {{cite web}}: Check date values in: |access-date= and |date= (help)
  2. ^ "IIM-Ahmedabad Placements: McKinsey Top Recruiter, Consultants In Demand". Forbes India. Retrieved 2024-10-28.
  3. ^ "Pricewaterhouse Coopers and FinIQ record highest offers at IIM placement". The Indian Express. 2023-02-13. Retrieved 2024-10-28.
  4. ^ "FinIQ - The Wealth Mosaic". www.thewealthmosaic.com. Retrieved 2024-11-01.
  5. ^ "Mashreq partners with FinIQ to enhance client experience". IBS Intelligence. Retrieved 2024-10-28.
  6. ^ BBVA (2020-05-20). "BBVA lanza BBVA epricer, BBVA launches BBVA epricer, a web-based solution for equity and credit investment products solución web para productos de inversión en renta fija y variable". NEWS BBVA. Retrieved 2024-10-28.
  7. ^ "SRP Americas 2024 Awards: the winners revealed". structuredretailproducts.com. Retrieved 2024-10-28.
  8. ^ "FinIQ Consulting Pte Ltd". F6S. 01/11/24. Retrieved 01/11/24. {{cite web}}: Check date values in: |access-date= and |date= (help)