Flanks vs Hemonto

You are looking for alternatives to Flanks. Here you can compare the best Investment Management Software and other family office technologies based on our annual benchmark and comparison surveys.
Go back to Flanks
Flanks company logo, open banking and data aggregation platform for family offices and wealth managers

Flanks

Category
Advisors

Flanks is a WealthTech company redefining the industry through data-led insights and automation. Its modular, all-in-one platform empowers financial institutions โ€” including private banks, family offices, asset managers, pension plan providers, and technology firms โ€” to deliver faster, high-quality, and hyper-personalised advisory services.

Read more
Hemonto,family office software, portfolio management software, consolidated reporting software

Hemonto

Category
Consolidated Reporting

Denmark-based Hemonto, delivers state-of-the-art consolidated financial reporting through their platform and their permanent team of experts. They ensure that data accuracy and services can be tailored to customized reporting needs without compromising data integrity, enabling real-time and verifiable data to be the basis for financial decisions.

Read more
Company
Employees

100-500

Revenue

-

Founded

2019

Incorporated

-

Locations

  • Barcelona
  • Madrid
  • Paris

Top 5 Markets

  • France
  • Spain
  • United Kingdom
  • Sweden
  • Brazil

Total AUM

39B

Avg. AUM per client

-

Ownership

Owned by management


  • 11-50


-


  • 2006


  • Owned by management
  • Clients are also owners


  • Denmark


  • Aarhus
  • Copenhagen
  • Oslo


  • Denmark
  • Germany
  • Norway
  • Switzerland
  • United Kingdom


-


  • $30 billion+

Client
Focus

Banks

Secondary focus

  • Banks
  • Brokerages
  • Custodians
  • Exchange platforms
  • Fund managers
  • Individual wealth owners
  • Investment & Financial Advisors (RIAs/IFAs)
  • Multi-family offices
  • Pension Plan Providers
  • Single family offices
  • Software and technology providers

-


  • Single- and multi-family offices


  • Individual wealth owners
  • Financial advisors
  • Banks


  • 100+

Product
Main Tasks

  • Advisors
  • Artificial Intelligence
  • Compliance
  • Data
  • Data Aggregation
  • Portfolio Management
  • Reporting
  • Security & Risk

Top features

  • Ability to Whitelabel
  • AI Powered
  • Consolidated View
  • Custom Reports
  • Data Ingestion
  • Full Multi-Currency Support

Assets supported

  • Alternatives
  • Art & Collectibles
  • Bankable or Financial Assets & Fund
  • Cash & Equivalents
  • Commodities
  • Cryptocurrency
  • Developing Markets Fixed Income
  • Digital Assets & Crypto Currency
  • Lifestyle Assets & Rare Collectibles
  • Equities
  • Direct Private Equity
  • Real Estate
  • Hedge Funds
  • Gold & Precious Metals
  • Private Debt
  • Insurance
  • Private Equity
  • Fixed Income
  • Private Equity & Direct Investments
  • REITS
  • Venture Capital
  • Residential
  • Private Equity Funds
  • Real Estate

Compliance

-

Whitelabel

Yes


  • Accounting
  • Consolidated reporting
  • Governance
  • Portfolio management
  • Data aggregation
  • Risk management
  • Impact/ESG reporting
  • Data management
  • Bespoke reporting
  • Cost controlling
  • Benchmarking
  • Dataset as a service


  • Consolidated performance reporting
  • Accounting and administration
  • Consolidated risk and exposure reporting
  • Bespoke consolidated reporting
  • Private equity reporting
  • ESG screening
  • Costs analysis
  • Extended monitoring of costs and compliance
  • Dynamic customer portal with business-intelligence tools
  • Hemonto App


  • Bankable assets
  • Private equity
  • Real estate
  • Rare collectibles (e.g. luxury cars, boats, high-value jewelry)


  • MiFID II
  • GDPR


  • Yes

Technology
Type of Software

SAAS

Ecosystem

-

Integrations

We are prepared to integrate with our client systems

Mobile App

No

-


  • SaaS
  • Serviced Software


  • Azure multi-factor authentication
  • ISAE 3402-II control report can be forwarded on request


  • Microsoft


  • Office 365 Security integration
  • Integration to ERP systems
  • Microsoft Power
  • BIExcel


  • Yes