Akoni is a cash management platform designed to help businesses and individuals optimize their cash holdings by providing access to a diverse range of interest-bearing deposit accounts from multiple banks. By leveraging technology and machine learning, Akoni simplifies the process of managing cash deposits, enabling users to earn higher returns while maintaining liquidity and managing risk effectively. Key Features and Functionality: - Smart Cash Management Platform: Offers a centralized dashboard for users to view and manage all cash holdings, facilitating informed decisions on cash placement. - Savings Dashboard: Provides access to competitive rates from multiple banks, allowing users to manage their cash efficiently and maximize interest earnings. - Deposit Planner: Assists in creating and managing savings and deposit portfolios, offering updates on available rates and managing multiple deposit and maturity requirements. - Financial Implied Credit Scores : Utilizes Fitch Solutions to provide impartial credit scores, aiding in better matching of risk-return preferences. - Cash Analytics: Features tools like funds snapshot, 12-month liquidity profile, and risk allocation chart to track, analyze, and manage cash deposits effectively. - Advisor Portal: Enables financial advisors to manage client cash positions across multiple banks in real-time, with features for fast switching between savings options. Primary Value and Solutions Provided: Akoni addresses the challenges businesses and individuals face in managing cash deposits by offering a streamlined platform that enhances returns on cash balances. It simplifies the traditionally complex process of opening and managing multiple bank accounts, reducing administrative burdens and saving time. By providing access to a range of interest-bearing products and incorporating risk management tools, Akoni empowers users to make informed decisions, diversify their cash holdings, and optimize financial outcomes.