Since its inception, it has established itself as a leader in the European wealth management technology sector, delivering cutting-edge solutions that streamline processes for family offices, external asset managers (EAMs), private banks, and institutional clients. As part of the prestigious WealthTech100, FinTech Global sat down with Christoph Wendel, Managing Director at QPLIX to delve into the company’s journey.
QPLIX’s journey began with the recognition of a glaring need within the wealth management sector. In 2012, three entrepreneurs - Kai Linde, Philipp Pötzl, and Mathias Lindermeir - came together, driven by their own challenges within the family office environment.
They experienced firsthand how fragmented, inefficient, and outdated traditional wealth management systems were, often creating barriers to effective financial decision-making.
Reflecting on QPLIX’s growth, Wendel shared:
“When I joined QPLIX seven years ago, we were already aware of the significant challenges faced by wealth managers - fragmented systems, inefficiencies, and a lack of communication between platforms. The founders had already identified these pain points and set out to create a solution that would better meet the complex needs of wealth managers. Over the years, QPLIX has evolved into a market leader in Europe, catering to a wide range of clients, including family offices, EAMs, private banks, and institutional clients.
The goal from the beginning was to develop a product that would streamline workflows and provide a centralized platform, allowing wealth managers to manage all asset classes and meet client expectations with greater efficiency. Today, QPLIX has become a trusted partner for our clients, and we continue to innovate to stay ahead of the industry.”
Asset management today is more demanding than ever, with markets moving at a rapid pace and new investment opportunities constantly emerging across the globe. QPLIX offers one of the most powerful SaaS solutions available, designed to help investors manage the complexity of modern portfolio management with ease.
The company’s platform goes beyond just providing software. It enables wealth managers and investors to intuitively analyse, monitor, report on, and trade assess, all from a single, integrated system. This holistic approach streamlines operations, improves decision-making, and allows users to stay ahead of the curve in a constantly evolving financial landscape.
In addition to its advanced software, QPLIX provides a comprehensive suite of professional services. These services are designed to support clients through every phase of platform implementation and ensure they can maximize its full potential.
A key aspect of QPLIX’s approach is its commitment to continuous improvement and client collaboration. Wendel explained:
“We work in close exchange with our customers to regularly enhance functions, interfaces, and user experience, ensuring our platform meets their evolving needs.”
As the demands of wealth management evolve, QPLIX’s has meticulously crafted a roadmap to stay ahead of the curve, ensuring that its platform remains both efficient and adaptable to the needs of modern wealth managers. This exciting product roadmap is anchored around three key narratives that are set to redefine the wealth management experience. These core focuses promise to streamline processes, strengthen client relationships, and provide powerful data insights, all within one cohesive platform.
In the words of Wendel, QPLIX’s overarching aim is clear:
“We want QPLIX to be the one platform where wealth managers can perform the majority of their tasks without the need to switch between systems.”
This vision is designed to boost efficiency, provide better data oversight, and foster more seamless collaboration. A major milestone in achieving this goal is the new Order Management function, which allows users to create, transmit, and check securities trading orders as well as manage rebalancing activities, all directly within the QPLIX platform.
“This function is integrated with major banks like UBS, Julius Bär, Deutsche Bank, and V-Bank, with more custodian interfaces on the way. Furthermore, QPLIX is ramping up its capabilities in managing deposits and withdrawals with an integrated transfer function currently under development."
As part of QPLIX’s commitment to ensuring wealth managers are always connected to their clients, the platform is enhancing its digital tools for client interaction. Wendel elaborates:
“We provide tools that ensure you are always connected with your clients, regardless of location, time, or device.”
A significant development here is the Wealth App for iOS and Android, which improves the digital customer experience. Soon, users will be able to fully customize this app to reflect their corporate branding, ensuring consistency and personalization.
Reliable data is at the heart of effective wealth management, and QPLIX is elevating its data capabilities to support this principle.
“Reliable, consolidated data across all asset classes is crucial for effective wealth management”
Wendel says, emphasizing the platform’s commitment to offering comprehensive asset insights. To this end, QPLIX is integrating new financial intelligence features like fund look-throughs and sustainability scores, sourced from trusted partners such as ISS, iBoxx, and Moody’s. These additions are designed to provide wealth managers with the detailed insights they need to make informed decisions.
But what sets a part its product offering from other industry incumbents? QPLIX is redefining the landscape of wealth management software by combining deep functionality, open architecture, and continuous innovation.
The firm provides an all-encompassing platform tailored to the needs of high-net-worth individuals, family offices, and institutional investors. One of its standout qualities is its ability to consolidate portfolios across all asset classes while maintaining robust compliance, controlling, and reporting capabilities. As Wendel explains:
“I believe that QPLIX distinguishes itself in several key aspects from other players in the market. Firstly, the depth and breadth of our platform’s functionality set us apart. We provide comprehensive coverage of all essential core requirements, from portfolio consolidation and covering all asset classes to compliance, controlling, and reporting. This extensive functionality ensures that we can meet the diverse needs of our clients comprehensively.”
In an increasingly complex financial landscape, flexibility is critical. QPLIX’s open architecture approach enables seamless integration with other systems and third-party providers via REST API. This means clients can continue using their existing infrastructure while benefiting from QPLIX’s advanced capabilities.
“Another distinguishing feature is our open architecture approach. QPLIX enables seamless integration with other systems and third-party providers via REST API. This flexibility allows our clients to maintain their existing infrastructure while benefiting from the enhanced capabilities of our solution”
says Wendel. Beyond functionality and flexibility, QPLIX stands out for its agility in adapting to market changes and regulatory requirements. The company continually evolves its platform, ensuring clients always have access to the latest features and tools.
Looking ahead, QPLIX has its eyes firmly set on continuous development. Never settling, the firm
believes it differentiates itself from its rivals in the wealth management space due to this approach. Wendel explained:
“We are committed to the continuous development of our platform. We swiftly adapt to changes in the market and regulatory demands, ensuring that our clients are always equipped with the latest features. This agility is underpinned by the extensive expertise of our team, who have years of experience in both wealth management and technology. This blend of practical experience and technical proficiency enables us to provide solutions that are both innovative and future-proof.”