In January 2021, in line with our goal to provide personalized financial advice to our clients, we announced the acquisition of Proseek – a school that specializes in training professionals for the financial market. With this acquisition, we internalized a complete and scalable solution for training financial advisors, both internal and external, allowing us to better serve our clients.
In February 2021, we announced the acquisition of Eleven Financial Research – one of the most respected independent research firms in the Brazilian market. This move emphasizes our belief in financial education as a means of investor empowerment, helping them to invest more and better. Eleven also brings important synergies to our products and services offered to institutional clients, due to their ample coverage and research of capital market transactions and issuances.
In April 2021, we acquired Refinaria de Dados – a data analytics startup based on big data processing, artificial intelligence, and machine learning. The startup focuses on developing digital products for the financial market. Founded in 2017, Refinaria de Dados is known for its alternative data assessment reports on relevant financial market profiles, and has generated intelligence for several companies and market segments.
The initiative comes to accelerate the use of artificial intelligence to analyze market data, sharing of which should be further enhanced with the open-finance. The goal is to employ the infrastructure and technology for collecting, pre-processing, analyzing, and visualizing data from Refinaria de Dados to better understand the needs of our clients and partners. Thus, ultimately improving the recommendations for investments, products, and services offered by the bank.
Lastly, in April 2021 we acquired Carteira Global – an open-finance based platform that manages and consolidates financial portfolios, offering services to both our B2C clients and B2B partners. With the purpose of presenting the characteristics and data of investments that do or may make up the portfolios, clients and partners can follow the evolution and performance of assets and investment portfolios in a single place through Carteira Global, allowing for a unified view especially in a scenario where data sharing will be enhanced through open finance.
Carteira Global also stands out in the integrated B2B experience as an important decision support tool for IFAs, family offices, and investments advisors, as it enhances their ability to provide financial advice and investment monitoring to end clients. Partners can even print their own brand on the tool since the platform can be used in a white label format. Another feature is its search engine with complete details of government bonds, debentures, CRIs (Certificate of Real Estate Receivables), CRAs (Certificate of Agribusiness Receivables), investment funds, real estate funds, stocks, ETFs, and BDRs. Investors and advisors can compare historical profitability, asset risk, their characteristics, simulating investments, and more.
In April 2021, we took yet another important step with our IPO in the Brazilian stock exchange, B3 – Bolsa, Brasil, Balcão, joining the Level 2 of Corporate Governance, under the ticker MODL11.
Last update: May 2021.