Matthieu Remy
14 Feb 2024
By becoming a portfolio management company, easyvest is shaking up the Belgian financial sector
Brussels, April 28, 2022. It hasn't happened for six years. Since March 28, Belgium counts a new portfolio management company: easyvest. That a young company manages to endorse the regulatory weight imposed on this type of actor is already an exceptional fact. How it got there – through industry-first technological advancements – is another.
It is a small revolution in the Belgian financial world: easyvest, a fintech active since 2016 in passive investment, is now recognized by the FSMA, the Belgian financial regulator, as a portfolio management company. A feat for the young company which employs ten people for 85 million euros in assets under management.
The high level of requirements necessary to obtain this license explains the low occurrence of this type of event. To achieve this, the startup has relied above all on technology. “We created a new back-office management technology, which in tech jargon could be called an ‘Open Investment API’, details Matthieu Remy. All our portfolio management operations, from the creation of an account with the custodian bank to the brokerage of stock market orders, are now carried out through an internet cloud web interface rather than on a dedicated computer or via manual operations.”
Beyond the technological prowess, it is above all the resulting benefits that will be decisive for easyvest. “Our new status gives us more autonomy, and our new IT infrastructure more agility. It’s the perfect combination to accomplish our mission: become the benchmark investment and pension planning solution for all Belgians”, underlines Matthieu Remy.
With greatly reduced administrative tasks and more automation of internal processes, easyvest advisors will be more available and more proactive in managing the portfolio of their 1250 clients. This will raise the quality of service already praised by the majority of clients even further. Moreover, the quality of the new technological infrastructure will enable easyvest developers to quickly build new cutting-edge investment and pension planning products. “The easyvest PensionApp, which allows you to project and improve your financial situation at retirement, is already available in Beta version to our customers. We look forward to making it accessible to the general public, during the second half of 2022”, rejoices the CEO.
“We are now able to deliver services of a higher level than those of the largest institutions, with the agility of a small structure,” says Matthieu Remy. This new reality, combined with a solid regulatory license, should enable easyvest to convince a large number of Belgian investors and future investors.
About easyvest
Easyvest SRL is a financial advisor with a strong digital dimension that helps Belgians to simply build performant investment and pension plans. Created in 2016 by Matthieu Remy (UCL Electrical Engineer, 2006, Harvard Business School MBA, 2012) and Corentin Scavée (Louvain School of Management, 2006), easyvest serves 1.250 clients for whom it manages 85 million euros of investments. In 2021, the company raised a series A of €3M from Belgian finance entrepreneurs including Luc Geuten (Mitiska), Alfred Bouckaert, Jacques-Martin Philippson and finance&invest.brussels.
Contacts and interviews:
Matthieu Remy, co-founder and CEO
matthieu.remy@easyvest.be
+32 499 94 13 70