Performativ

Reconciliation and data validation run on agents, and AgentKit lets firms build their own, but a full wealth management platform would remain without them, and firms buy it to replace older systems either way.

Agents work under the same permissions and policy guardrails as staff, so an agent can't reach data or act beyond what a person in that role could. Where an agent's work gets routed to a person is left to each firm's configuration.

Immutable logs capture every action by people and agents, and validation agents check the data everything else depends on. The rate at which reconciliation breaks are resolved correctly isn't published.

More than 100 billion euros in client assets and 1,500 advisors sit on the platform, and Valuedge's chief investment officer is quoted, but none of the named clients comes with a measured result.

Access control inside a firm is described, not a boundary between firms, and nothing says whether one client's data trains models used for others or whether custom agents stay the client's own.

The privacy policy doesn't separate the client data processed for wealth managers from website visitor data, and it permits transfers outside the EU under model clauses and the EU US Privacy Shield. That sits awkwardly beside the platform's promise to keep data in the EU.

Enterprise grade security is claimed without a certification, attestation or trust center, which matters because European firms under resilience rules must assess suppliers like this one.

A framework aligned with MiFID suitability, reporting and auditability requirements underpins the platform, and DORAedge helps firms manage operational resilience under the EU's DORA rules.

Operations, not decisions about consumers, are what the agents handle, so the exposure lies in unusual portfolios, where automated processing is likeliest to fail quietly. Performativ offers no analysis of outcomes across client types.

A wrong reconciliation or report stays the wealth manager's problem with its clients, and Performativ publishes no remediation process or indemnity behind its platform.

The models behind the agents and AgentKit, the host and any subprocessors are all left unidentified.

Julius Bär, Nordea and UBS are among the named custodian connections, backed by an open API, though no API documentation or partner listing is linked.

All data is stored and processed within European regulatory frameworks, by Performativ's account, though the cloud provider and EU region aren't named.

Front, middle and back office modules plus an agent toolkit make for a layered cost structure, and no price or billing unit is published for any layer.

Wealth managers, private banks and multi family offices are among the named buyers, and the market is Europe, where the data residency argument applies.