Since its launch in May 2022, Fundvis has unlocked significant product development and market expansion milestones. Founder Leonhard Kossman tells us more about the fintech’s ambitions and DORA functionalities.
Fundvis is a Luxembourg financial data management platform that stakeholders in the fund industry can use for life-cycle management, collaboration and recurring tasks.
The company is driven by its mission to bring tech-driven solutions and processes in all areas of fund set-up and ensure compliance and accessibility across borders in union with the regulatory requirements of the European Union.
“With more regulation coming, Fundvis is positioned to provide invaluable support to financial institutions, offering ready-to-go solutions that alleviate the burden of compliance and onboarding.”
Leonhard Kossmann, founder of Fundvi
Leonhard started Fundvis with a vision to address the pervasive challenges faced by the financial industry including loss of time, and value, failed collaboration on daily jobs, management of data, and the burden of repetitive tasks. Thus, building a platform for the fund industry to set up and manage funds via digitalised processes. Through this, Fundvis empowers clients to navigate complex regulatory landscapes effortlessly while optimising operational efficiency
Challenges and solutions
Fundvis caters to an industry operating in a pre-digitised area and is heavily dominated by processes, leading to a low adoption rate for any tech initiative. The company is now leveraging valuable data points, and working with the customers’ core needs to provide new solutions. Fundvis has persevered by prioritising trust-building and focusing on future developments in process mining.
In the foreseeable future, Fundvis aims to support and empower users by automating fund-related administrative tasks, thereby reducing operational burdens while enhancing productivity. Looking ahead, the company’s long-term goals include maximising automation, revolutionising financial data management, and maintaining its position as a leader in the industry.
Ready for DORA
Fundvis initially offered clients the chance to delegate their digital workspace’s technical management. With subscription licensing, Fundvis granted access to its software, facilitating seamless integration into clients’ operations.
A significant leap forward for Fundvis has been its incorporation of DORA functionalities, broadening connections with third-party solutions, and introducing advanced features like e-signatures and e-identification. These improvements aim to facilitate users with an all-encompassing operational hub, mitigating compliance and operational hazards.
“Our platform’s acceptance speaks volumes about its intuitiveness and usability, thanks to the remarkable efforts of our UI/UX designers.”
Leonhard Kossmann, founder of Fundvis
Two years into the venture, Fundvis continues to disrupt the financial landscape by offering innovative solutions that streamline operations. The objective is to maximise automation of fund-related administrative tasks without displacing any employees but rather to provide support and alleviate operational burdens.
