LYNKS webinar recap: Strengthening oversight & driving efficiency in payments and liquidity management across multiple banks
On 6 March 2025, Finologee hosted the very first webinar on its banks and accounts management platform, LYNKS. During the session, Jonathan Prince and Stefan Kirsch gave an in-depth presentation, addressing the key challenges fund and asset servicers encounter in managing payments and liquidity across multiple banks, the advantages of automation and how LYNKS can enhance operational efficiency in this context. Their insights sparked a lively discussion, with attendees actively engaging and posing numerous questions during the Q&A session.
Navigating operational challenges with LYNKS
Jonathan Prince, CSO and co-founder and Stefan Kirsch, Head of Sales at Finologee, provided an in-depth look at how fund professionals can tackle some of the most pressing issues in the industry. They focused on common operational challenges and emerging trends in fund management, with particular emphasis on enhancing bank connectivity through LYNKS. Additionally, they discussed streamlining processes and the importance of centralising multiple workflows within a single platform for greater efficiency.
The webinar was highly interactive, featuring live polling to gauge industry perspectives on automation, liquidity management and operational efficiency.
Key insights from the poll
One of the most striking insights from the poll was that majority of respondents believed 60% of Luxembourg asset servicers struggle to track cash balances across counterparties (a perception fully aligned with ALFI’s reports on the matter). This highlights an evident industry challenge: ensuring accurate financial oversight amid increasing complexity.
Additionally, liquidity management also emerged as a significant struggle, with:
- 77% of respondents estimating that around 50% of firms still rely on manual processes for managing liquidity, highlighting significant room for improvement.
- 52% believing that 70% of Luxembourg asset servicers plan to invest in automation for capital call processing, reflecting a growing push towards digital transformation.
- 71% thinking that at least 40% of firms face difficulties with cash concentration, underlining the need for improved cash management solutions.
At the conclusion of the webinar, just before the Q&A session, attendees were invited to identify the most critical areas in their fund operations. They had the possibility to choose between balance reporting, process automation, streamlined payments and risk mitigation. However, an overwhelming 60% of respondents decided not to go for any one option in particular and instead selected “all of the above”, underlining the shared need for a holistic solution that can deliver value and drive efficiency in all operational areas spanning from payments to compliance and including reporting, oversight, risk and beyond.
Similarly, when the script was flipped and respondents were asked to answer the same question but now thinking of what, among those options, would provide the biggest value to their clients, 53% of the audience still chose “all of the above”, reinforcing the demand for a comprehensive and integrated platform that, like LYNKS, can streamline multiple operations at once.
LYNKS: addressing key industry challenges
With around 20 engaged attendees, the webinar demonstrated a strong interest in the digital transformation of fund operations. The insights gathered reaffirm that LYNKS is tackling the right pain points, providing asset servicers and fund managers with the tools they need to enhance efficiency, automate processes and mitigate risks.
Stay tuned for future sessions as we continue to explore new ways to optimise fund operations in Luxembourg.