Flanks
Flanks gathers a wealthy client's holdings from every bank, broker, custodian and alternative asset platform into one clean data set. Banks, family offices, external asset managers, pension providers and wealth technology firms use it to see a client's whole portfolio and report on it.
Flanks Aggregate connects to more than 700 institutions through APIs, data feeds, statements and online banking sources, then standardizes and reconciles the data. Flanks Lume adds market data, and an AI Financial Analyst powered by Perplexity answers questions about portfolios. Reports, simulations and analytics sit on top.
CaixaBank uses Flanks for its GlobalView private banking service, and Bankinter and Indexa are among its named clients. Flanks states 8.2 million portfolios processed each month and publishes a SOC 3 report alongside its SOC 2 Type II. Split Payments, S.L. trades as Flanks from Barcelona.
Capability Axes
Capability grades
15 of 15 axes rated · 10 graded A or B
Models read holdings out of statements and PDFs, private assets included, and an AI analyst answers portfolio questions, but the core asset is the connection network and the standardization behind it, which would stand without them.
Output is data and reporting rather than decisions. What an adviser sees when a position fails to reconcile, or how uncertainty in an extracted private asset value shows up, isn't described.
Standardization, cross checks and reconciliation let an extraction error be caught against its source before it becomes a reported value. No extraction accuracy or reconciliation break rate is published, which matters most for private assets read from documents.
CaixaBank runs its GlobalView private banking service on Flanks, and Bankinter and Indexa are named too. Volumes are large, 8.2 million portfolios a month, but no named client is tied to a measured result.
Competing banks and advisers all run portfolios through Flanks, and nothing says whether client data trains any model, whether extraction learning crosses institutions or what Perplexity keeps.
End users' financial data falls under a privacy policy that makes Flanks the processor, blocks data for the legally required period once a relationship ends and allows transfers outside the EEA under standard contractual clauses.
A 2026 SOC 3 Type II report can be downloaded by anyone from the site, and the full SOC 2 Type II, audited annually, is available to clients on request.
As an account information service provider under PSD2, authorized and supervised by the Banco de España, Flanks has a legal basis for its data access and a supervisor a buyer can check.
Holdings at less covered institutions, or in harder to read documents, can yield an incomplete picture without the adviser or client being told, and Flanks offers no coverage breakdown.
Reconciliation lets a wrong position be traced, and end clients can withdraw a bank connection at any time, but no remedy is published for an extracted value an adviser has already reported on.
Perplexity is named as the partner behind the AI analyst, but the models handling document extraction aren't, and no subprocessor list is published.
More than 700 institutions connect through APIs, data feeds, statements and online banking, which reaches institutions that open banking rails miss.
Google Cloud hosts the infrastructure, with no region or residency commitment stated.
Modules run from aggregation alone to reporting and the AI analyst, and none has a published price or billing unit.
Banks, family offices and pension plan providers are named buyers, coverage reaches 95 percent of major EU financial entities, and alternatives such as private equity sit alongside liquid holdings.
Product updates
Material product, regulatory, evidence and commercial changes at Flanks, each verified against a live source and tagged to the capability axis it bears on. Funding rounds and awards are not product changes and are not logged.
Flanks released a live data connector that exposes its regulated multi bank portfolio data to Perplexity's answer engine and Computer agent. The connector reaches aggregated holdings from more than 700 financial institutions across 33 countries.
Compared With
Most editorial comparisons pair two vendors the index assesses as direct competitors for the same buyer. Some pair vendors that are adjacent rather than rival, where the useful question is where one ends and the other begins. Each carries a verdict, the buyer conditions that favor each vendor, and a graded side by side.
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The index publishes no overall score or ranking. See what we assess and the methodology.
Pricing
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