The latest technology news in the wealth management sector from around the world.
Allfunds, Google Cloud
Allfunds, the
business-to-business wealthtech platform for funds, is partnering
with Google Cloud.
The firm said that its pact with Google Cloud will boost its
solutions for distributors and fund houses.
The partnership focuses on two main areas: driving data and
AI innovation, and developing a secure, scalable, sustainable
technological architecture to aid Allfunds” operational growth
and migration to cloud services.
“With the integration of AI becoming an increasingly important
part of the investment process for the financial industry, our
partnership with Google Cloud demonstrates the continued
investment by Allfunds in best-in-class initiatives and
services,” Juan Alcaraz, CEO and founder of Allfunds, said.
Tara Brady, president, Google Cloud for Europe, Middle East and
Africa, added: “There is a significant opportunity to transform
the financial services industry with cloud and AI technologies.”