For this issue of WealthTech Talks, we caught up with Frank Schooneveldt, Managing Director of Akkuro Savings & Investments. Akkuro provides a composable platform tailored to the needs of modern wealth management. It is redefining composable banking by enabling financial institutions to build and scale services across lending, core banking, savings and investments quickly, securely, and in full alignment with regulatory demands.

With a unique blend of IT and finance expertise, Schooneveldt leads innovation at the crossroads of cloud-native banking, digital sovereignty and wealth propositions. At Akkuro, he drives growth across savings and investments, helping financial institutions deliver scalable and modular wealth propositions while navigating regulatory and technological complexity. Frank is a leading voice in driving resilient, future-ready WealthTech that balances innovation with regulatory responsibility.

In this interview, Schooneveldt described the company’s focus on deepening its leadership in regulated digital wealth by expanding its product capabilities and geographic footprint. He also shared his views on the two major forces that are shaping wealth management over the next three years technology and demographics.

"Financial institutions are under growing pressure to deliver personalised, seamless experiences while staying compliant and operationally efficient. Our composable platform was built to meet these challenges head-on. It gives banks the agility to innovate at their own pace, integrate best-in-class solutions and stay ahead in a fast-changing market," states Frank Schooneveldt, Managing Director of Akkuro Savings & Investments.

Could you provide a brief introduction to your business?
Akkuro is part of Topicus and was created with a clear mission: to redefine how financial institutions innovate, scale, and serve their clients. Our founding purpose is to deliver modular, end-to-end financial technology that empowers banks, wealth managers and FinTechs to adapt quickly and build future-ready solutions.

Akkuro brings together decades of banking expertise and advanced technology for mortgages, savings, pensions, wealth, lending and core banking solutions.

Akkuro has set a new benchmark in composable banking. Its modular architecture enables seamless integration with existing systems, reducing vendor dependency and ensuring agility in a rapidly changing market. For wealth managers, this means access to a platform that supports the full spectrum of financial services from global trading, portfolio management, and private banking, while maintaining operational continuity and delivering exceptional client experiences.

In the wealth management sector, what types of clients do you primarily work with and target?
Industry focus includes retail and private banks, savings banks, wealth managers, pension providers and financial institutions across Europe and Asia, focusing on general banks as boutique wealth management firms.

Why do your existing and target clients choose to work with you? What makes your solutions relevant and distinct from your competitors?
Our clients choose Akkuro because we deliver modern infrastructure for regulated digital wealth that goes beyond front-end experiences. We stand out through:

• Composability and flexibility: Deploy only what you need without a risky core replacement.
• Regulatory depth: Native support for European tax wrappers, pension engines, and compliance automation.
• Proven scale: Trusted by both Tier 1 banks as specialised wealth managers with live production deployments.
• Automation-first approach: End-to-end straight-through processing from onboarding to tax reconciliation.
• Multinational readiness: Rule-based configuration for tax, currency and reporting across jurisdictions.

Unlike competitors, we combine operational excellence and regulatory strength with modular wealth propositions, enabling banks to modernise without disruption and maintain full control over their roadmap.

What's next for your business? Can you share the firm's current focus and future plans, such as product development, market expansion, and strategic goals?
Our focus is on deepening our leadership in regulated digital wealth by expanding both our product capabilities and geographic footprint. On the product side, we’re investing in advanced automation, agentic banking, and enhanced API and partner ecosystems to give clients more flexibility and control. We’re also strengthening our support for tax wrappers, pensions and multi-country compliance to help firms scale without disruption.

Strategically, our goal is to be the most trusted and composable wealth platform, enabling banks and wealth managers to modernise at their own pace while staying compliant and competitive.

Based on your experience in the wealth management sector, what key opportunities and challenges do you foresee for firms today and in the next three years?
We see two major forces shaping wealth management over the next three years: technology and demographics. On the opportunity side, firms that embrace AI, automation and digital assets including tokenisation, cryptocurrencies and digital securities can deliver hyper-personalised advice at scale, reduce operational costs and strengthen compliance. These innovations align with the expectations of younger investors, who value transparency, accessibility and digital-first experiences. For providers, digital assets open new channels for engagement, unlock previously illiquid markets, and offer a competitive edge as the industry continues to transform.

The great wealth transfer, with trillions moving from Baby Boomers to younger generations, creates a chance to engage clients who expect digital-first experiences and ESG-aligned investments. There’s also growing demand for alternative assets and cross-border services, which opens new revenue streams.

The challenges are equally significant. Fee compression is accelerating as digital platforms compete aggressively, so firms must prove their value beyond price. Regulatory complexity and cybersecurity risks are rising with digitalisation, and macroeconomic uncertainty adds pressure on both clients and advisors. In short, success will depend on balancing innovation with trust and compliance.

About Akkuro
Akkuro is redefining Composable Banking, enabling financial institutions to seamlessly build, integrate, and expand financial services across lending, payments, investments, deposits, and more. Its modular platform provides the flexibility and adaptability needed to innovate without disrupting existing operations. With Akkuro, banks and fintechs can assemble best-in-class solutions, adapt to evolving customer needs and future-proof their technology stack. Designed for agility, Akkuro empowers financial organisations to deliver impactful experiences today while laying the foundation for a lifetime of financial services and innovation.

For more information, click here.

About the WealthTech Talks Interview Series

In the WealthTech Talks interview series, we interview senior executives from leading wealth management firms, solution providers, and WealthTech influencers to learn more about them, their journey, their perspectives on the market and how they see the future of wealth management.

Read the latest editions in the series below!

• Anneke Stender, Executive Vice President of Plumb Bill Pay - click here to read the interview
• Fredrik Davéus, CEO of Kidbrooke - click here to read the interview