Question 1

What is Lumiq?

Accepted Answer

LUMIQ is a cost-effective end to end platform designed to elevate the wealth management industry’s practices. From portfolio construction, asset allocation and optimization to goals-based financial planning, the platform provides an all encompassing digital solution.

LUMIQ is cloud-based and plug-and-play, ensuring seamless integration.
 
Our interactive, proprietary technology enhances advisor performance and efficiency, empowering financial professionals to deliver stronger results.

Question 2

Who are LUMIQ’s Customers?

Accepted Answer

LUMIQ operates in the B2B space, offering a comprehensive suite of products and services designed to meet the diverse needs of our clients. Our clientele includes:
Asset and Wealth Managers
Family Offices
Global Banks and Digital NeoBanks
Insurance / Financial Advisors
Sovereign Wealth Funds

We serve a broad range of financial professionals, from asset management firms to insurance companies and their financial advisors.

Question 3

Which regions does LUMIQ service?

Accepted Answer

LUMIQ operates globally, offering a comprehensive suite of products and services designed to meet the diverse needs of our clients. Our clientele spread over:
US
Europe
Asia (India, China, Asia Pacific)
Middle East

Question 4

What is LUMIQ’s core product?

Accepted Answer

LUMIQ's core product is an end-to-end cloud based SaaS platform that covers Investment Planning using our unique optimizers combined with our Goals based planning scenario simulations. Also, we do have other customisable solutions:

LUMIQ SaaS Platform
Global Value Compass (GVC)
R4A - Direct Indexing
Customisable APIs

Question 5

Is LUMIQ a subscription-based platform? What are the fees involved to subscribe?

Accepted Answer

We offer annual subscription packages, with fees varying based on the selected plan. If your subscription requires customization, a one-time setup fee will be applied, determined by the scope of the work involved.

Additionally, for other customizable solutions (such as GVC, R4A, OCIO, SAA, TAA), pricing is tailored to the specific scope of work required.

We pride ourselves on offering cost-effective solutions that deliver exceptional value. For detailed pricing information, please contact us directly.

Question 6

What asset classes are compatible with Lumiq’s platform?

Accepted Answer

We have equity and fixed income funds, single stocks and bonds and ETFs currently.
 
We are highly customisable and are always expanding our product list. For example, we are working on adding Private Equity as well as structured products. 
 
Please contact us to find out more.

Question 7

Where is your data sourced from?

Accepted Answer

Our data is sourced from industry-leading providers such as Bloomberg and Morningstar API Center, among others. Additionally, we leverage the output from our proprietary risk/returns engine, the Global Value Compass (GVC), to enhance our data offerings.

Question 8

How are portfolios constructed?

Accepted Answer

Our portfolio construction process utilizes advanced tools that empower users to build robust portfolios based on proven asset management techniques. Users can select asset classes, blend/incorporate their own outright or relative views, and optimize portfolios for the ideal investment weights allocation, balancing between risk, returns, and loss probability.

To enhance effectiveness, LUMIQ users also have the option to upload pre-set model portfolios aligned with their CIO's or company's approved list of funds, which can then be adjusted for optimized returns.

Question 9

Is LUMIQ a registered entity?

Accepted Answer

Yes, LUMIQ is a registered entity and certified by the Singapore Fintech Association (SFA).

Frequently Asked Questions (FAQs)