InvestCloud Unveils AI-enabled Solutions To Transform Wealth Management
KUALA LUMPUR, Aug 7 (Bernama) -- InvestCloud, a global leader in wealth technology, has announced the first of a new generation of artificial intelligence (AI)-enabled solutions to help advisors increase productivity and deliver greater value to clients.
Available to new and existing clients, the new solutions, Intelligent Screening and Intelligent Meeting, are enhanced by technologies from smartKYC, an AI-driven know your customer (KYC) risk screening and monitoring solutions provider, and Zocks, a privacy-first AI assistant for financial advisors.
'With this new generation of wealth solutions, starting with Intelligent Screening and Intelligent Meeting, we are leveraging data and AI in new ways to address the disjointed systems and fragmented data challenges that are precluding optimal outcomes for advisors and their clients.
'smartKYC and Zocks share our commitment to creating a smarter financial future, and with them we are enabling advisors to work smarter across the full client lifecycle and to foster deeper, more productive relationships,' said InvestCloud President, Digital Wealth, Dan Bjerke in a statement.
Intelligent Screening enables private banks and wealth managers to perform faster, more accurate and cost-effective due diligence across every stage of the client relationship, freeing advisors, relationship managers and compliance officers to focus on decision-making rather than manual research.
Meanwhile, Intelligent Meeting transforms the way advisors prepare for, track and follow through on discussions with clients, in which meeting preparation, note-taking, action-item tracking and post-meeting workflows are automated and infused with intelligence from disparate systems to enable advisors to focus on meaningful client interactions and reduce time-consuming administrative and manual tasks.
To power this new generation of intelligent solutions, InvestCloud is connecting the wealth management ecosystem into a unified wealth data model that drives AI-enabled workflows, insights and experiences, enabling best-in-class advisor productivity and client engagement while upholding the highest standards of data privacy and efficiency.
In late 2024, InvestCloud introduced a new strategic direction, setting its sights on creating a smarter future for wealth management, while also renewing its commitment to client excellence, integration and innovation.
-- BERNAMA
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New Straits Times
39 minutes ago
- New Straits Times
UTM AI faculty receives over 60 international applications for 2nd cohort
JOHOR BARU: Universiti Teknologi Malaysia (UTM) Faculty of Artificial Intelligence (FAI), the first of its kind in the country, continues to attract international students with over 60 applications received for the second cohort in October. The faculty's dean Prof Dr Mohd Naz'ri Mahrin said the number involved international candidates who applied directly to UTM without going through the University Admissions Unit (UPU). "Our first cohort currently consists of 114 students, including 14 international students from China, Bangladesh, Indonesia, and the Middle East. For the October cohort, over 60 international student applications are already on the list, but not yet finalised," he told Bernama recently. He said the encouraging response was driven by UTM's global reputation, which is currently ranked 153rd in the QS World University Rankings, as well as international recognition of its academic programmes offered. In addition, UTM's position in the top 100 in the QS subject ranking for Data Science and AI is also among the factors contributing to the confidence of applicants in pursuing their studies with FAI UTM. "For example, international students choose UTM because our certificates are recognised and enables them to continue their studies or work in other countries such as Canada, Australia and the United States. "Moreover, Malaysia is also more strategic and the cost of living is lower than countries like Singapore," he said. He said the Bachelor of Artificial Intelligence with Honours programme at FAI UTM is offered for three years, with three semesters per year, and includes four main branches, namely Robotics & Automation, Intelligence Informatics and Creative AI. He said that the faculty is also supported by more than 60 lecturers specialised in the field of AI in addition to 40 experts from the field of Engineering, bringing the total academic and support staff to 150 at present. "This faculty received an initial allocation of RM20 million. "Apart from training experts in the field of AI, we are also responsible for helping other public universities develop their own AI programmes or faculty," he said. UTM's AI Faculty was launched by Prime Minister Datuk Seri Anwar Ibrahim on May 10, 2024, which among other things aims to train AI talent with knowledge, skills, ethics, and competencies in the field of AI with a focus on attracting domestic and foreign investors while strengthening the local industry. — Bernama
Barnama
2 hours ago
- Barnama
Business Events Instrumental To Achieve Tourism Targets Under 13MP -- Ahmad Zahid
BUSINESS KUALA LUMPUR, Aug 7 (Bernama) -- Business events will be instrumental for Malaysia to achieve its targets of 35.6 million tourist arrivals and RM147 billion in total receipts during Visit Malaysia Year 2026, as well as a 16 per cent contribution to gross domestic product from the tourism sector during the 13th Malaysia Plan (13MP) period. In saying this, Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi pointed out that business delegates are high-value travellers, as they stay longer, spend more, make repeat visits, and often return with their families. 'More importantly, business travellers bring with them ideas, investments, and influence,' he said in his opening speech at the Business Events Awards Gala Dinner here today. According to him, the tourism sector is also resurgent and remains a key national priority. 'In 2024 alone, foreign tourist expenditure surged to RM102.2 billion, a strong indicator that Malaysia's appeal is not only intact, it is expanding,' Ahmad Zahid said. Over the past decade, Malaysia has hosted more than 3,000 business events, drawing over a million delegates and generating an estimated RM18 billion in economic impact. Ahmad Zahid said the government recognises the business events industry as a strategic engine for inclusive, sustainable and high-impact growth. He said the government is taking concrete steps by streamlining visa facilitation, especially for high-frequency travellers, and upgrading major airports and convention venues to meet global standards. In addition, he said, it is looking at deepening inter-agency collaboration, especially between the Malaysian Association of Convention and Exhibition Organisers and Suppliers (MACEOS); the Tourism, Arts and Culture Ministry; and the Investment, Trade and Industry Ministry.
Barnama
2 hours ago
- Barnama
King Observes Russian Drone Technology At Tochka Kipeniya
GENERAL By Noor Farhana Ahmad Norain MOSCOW, Aug 7 (Bernama) -- His Majesty Sultan Ibrahim, King of Malaysia, today visited Tochka Kipeniya, a technology and innovation centre in Moscow, as part of his state visit to Russia. Upon arrival, His Majesty was received by Dimitry Peskov, Adviser to the President of the Russian Federation, and Alexey Ponomarev, Senior Vice-President of the Skolkovo Institute of Science and Technology (Skoltech). Accompanying the King were Defence Minister Datuk Seri Mohamed Khaled Nordin, who is also the Minister-in-Attendance, Foreign Ministry Secretary-General Datuk Seri Amran Mohamed Zin, and Malaysian Ambassador to Russia Datuk Cheong Loon Lai. During the hour-long visit, Sultan Ibrahim toured an exhibition showcasing Russian drone technology, where Peskov briefed His Majesty on various technological development initiatives. The exhibition also featured a wide array of drones designed for diverse applications, highlighting Russia's growing capabilities in the unmanned aerial systems sector. -- BERNAMA
