We are pleased to announce today our collaboration with QPLIX! Our goal is to offer you the best experience in managing your finances, and after the successful development of Autosync for our mobile app, we are now taking the next step.

The First Joint Project: Autosync in the Web App

Since the introduction of our reliable and accurate Autosync, it has been our goal and your wish to make this feature available in the Parqet web app as well. This step is now being accelerated by our strategic partnership with QPLIX.

In advance, some regulatory requirements had to be met, including the provision of a so-called KID license. This license makes it possible to securely and legally integrate and retrieve bank and broker data on the web.

Together with QPLIX, who holds this BaFin-regulated license, we can now also develop the convenience of automatic synchronization of transactions in the Parqet web app in the future.

Here's a preview of the integration on the web:

QPLIX Infrastructure Directly Integrated into Parqet

Behind the development and provision of the Autosync feature on the web are numerous regulatory and technical steps, of which we have summarized the most important ones here.

• Secure Access: QPLIX takes care of the protected login, so that your credentials and all data connections are optimally protected.
• Trusted Technology: QPLIX has years of experience and a robust technology platform that offers the highest level of security in authentication.
• Seamless Integration: Autosync is directly integrated into your Parqet web app. You don't need to take any additional steps – the synchronization simply runs in the background.
• Highest Standards and Regulation: QPLIX is BaFin (KID) regulated. This allows us to jointly explore new ways of data consolidation.
• Privacy Focus: Your personal credentials remain confidential, as Parqet never has access to this information.
• Complete Synchronization of Transaction History: With Parqet's import and the regulatory framework provided by QPLIX as well as secured systems for data retrieval, we have the perfect combination to map portfolios and gain uniquely deep insights.

Within a portfolio, a complete history of all transactions is thus displayed, with data quality meeting accounting standards. The process described here enables us to achieve a clear unique selling point compared to other providers in the DACH region in terms of data quality and accurate portfolio representation, and to set a new standard.

Long-term Perspectives and Further Projects

Autosync on the web is just the beginning, as we are convinced that our strategic partnership offers numerous benefits to our users and is only the first of many more joint projects.

The collaboration with QPLIX also opens up access to in-depth know-how and innovative technologies. The company has many years of experience and has made a name for itself in the financial world, particularly through its expertise in mathematical formulas for calculating key figures and deeper integrations with brokers.

This creates new opportunities to learn from each other and to significantly improve in all areas – from the accuracy of our data to user-friendliness. We are pleased to take this path together with an experienced partner and industry leader and to translate it into tangible benefits for our users.

About QPLIX

QPLIX GmbH was founded in 2012 by Kai Linde, Philipp Pötzl, and Mathias Lindermeir. Today, leading single- and multi-family offices, foundations, investment funds, asset managers, institutional investors, and private banks from across the EMEA region optimize their operational portfolio management with QPLIX.

The company currently manages over 250 billion € in assets under management (AuM). Automated processes based on reliable and current data increase efficiency. Fast and transparent communication as well as digital customer services simultaneously improve quality.

Legal Expertise from Annerton Law Firm

The project was accompanied by the renowned law firm Annerton, which specializes in supervisory law in the financial sector and supports us in legal matters during implementation.

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