ZeroKey to build web-extension to eliminate manual data entry

11 March 2024 · Download press release (.pdf)

As part of their mission to integrate technology and eliminate the need for financial advisers to manually key data, new industry start-up ZeroKey today revealed plans to build an innovative web-extension. 


A web-extension is a piece of software that typically serves a single purpose and can be added to web-browsers, enabling you to tailor the functionality of your chosen web-browser to meet your needs. 


In this case, the purpose of the ZeroKey web-extension is to help financial advisers eliminate manual data entry by allowing easy access to their clients’ data and the ability to move it from one technology provider to another on demand. 


Joseph Williams, co-founder of ZeroKey, said: “Manually keying data into several different systems has been a major industry pain point for way too long. Our web-extension will try to address this by placing client data at the fingertips of financial advisers, so they can quickly move it from A to B without any manual data entry. It really will revolutionise day-to-day tasks.”


The company explained that by integrating with and selecting a ‘data source’ such as intelliflo, financial advisers will be able to view their clients’ data from within the ZeroKey web-extension. This data can then easily be moved into another technology provider.


Joseph added: “ZeroKey and our web-extension will not be storing any client data. Instead, we will simply present what is stored within other technology providers and provide the option for the data to be moved from A to B without the need to manually key. It’s our opinion that financial advisers should have easy access and complete control over their clients’ data, and be able to move it freely to where they want to.”


ZeroKey is the result of former CashCalc employees reuniting to solve the integration issue, and is being led by Joseph Williams along with Chartered Financial Planners, Matt Wiltshire and Aled Phillips.


It is expected to launch in the UK during 2024 but is inviting anyone who wishes to find out more to register their interest today. More information about the team behind ZeroKey can also be found on the company’s website (www.zerokey.tech).



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Coverage:

Money Marketing | Fintech start-up ZeroKey unveils plans to build web extension to aid integration

Former CashCalc employees reunite to solve the integration issue

29 February 2024 · Download press release (.pdf)

New industry start-up ZeroKey today announced that former CashCalc employees are behind its mission to integrate technology and help financial advisers eliminate the need to manually key data.

Between 2014 and 2020, cashflow planning tool CashCalc grew from start-up to the UK’s market leader with a 44% market share. In 2021, they were recognised as one of the world’s most innovative tech companies and later that year were acquired by FE fundinfo.

Today, nearly three years on from its acquisition, key individuals who worked on CashCalc have reunited for a brand-new project. Their aim is to integrate technology and help eliminate the need to manually key data, which is frequently highlighted as a major industry pain point.

ZeroKey is being led by former Chief Marketing Officer, Joseph Williams, along with Chartered Financial Planners, Matt Wiltshire and Aled Phillips. The reason behind the name is to reduce manual data entry from double keying to single keying to zero keying.

They wish to achieve this by offering ready-made integrations that require zero-code. This will enable financial advisers to integrate their entire tech stack, and by doing so they’ll gain easy access to their clients’ data and be able to move it from A to B on demand.

Joseph Williams, co-founder of ZeroKey, said: “Manually keying data into several different systems has been a major industry pain point for way too long. It’s therefore exciting to get the spine of the CashCalc team back together to try and resolve this issue. We have a clear focus on integrating technology and placing client data at the fingertips of financial advisers, so they can move it from A to B with ease and without any manual data entry.”

Matt Wiltshire, co-founder of ZeroKey, added: “So far the solution to the integration issue has been to build open APIs. But this requires technology providers to actually integrate with each other, which they are typically hesitant to do as it poses a commercial risk due to a fear of losing business. But it’s important to remember that client data is owned by the financial adviser and not the technology provider, and this is something ZeroKey will hopefully resolve.”

ZeroKey is expected to launch in the UK during 2024 but is inviting anyone who wishes to find out more to register their interest today. More information about the team behind ZeroKey can also be found on the company’s website (www.zerokey.tech).


Register your interest


Coverage:

Professional Adviser | Ex-CashCalc trio reunite to offer tech stack integration offering

IFA Magazine | Former CashCalc employees reunite to solve the integration issue

Professional Paraplanner | Former CashCalc employees offer integration app for advisers