back Back

Broadridge partners with Fligoo to deliver innovative predictive analytics to wealth management industry

By Pavithra R

January 14, 2021

  • America
  • Broadridge
Share

Broadridge Financial Solutions, a provider of investor communications, technology-driven solutions, data and analytics to the financial services industry has announced partnering with Fligoo, an AI company, to develop a suite of proprietary predictive analytics software products for the wealth management industry. 

The new software solutions are aimed to help banks and wealth management firms transform their business performance by harnessing data to accurately predict the needs of each client, creating a more personalized and customized client and investor experience.

Founded in 2013, Fligoo is an enterprise AI company that helps industry leaders boost their business performance. Fligoo Sharp AI Enterprise Suite software delivers exponential business value through state-of-the-art advanced analytics, monitoring, closed-loop feedback and decision science.

“We’re excited to leverage Broadridge’s extensive wealth management expertise, insights and data to develop software that can create genuine innovation in the wealth management industry. We have condensed the expertise acquired on hundreds of use cases in multiple industries into a product that has the power to augment the capacity/performance of advisors, firms and investors on a daily basis,” said Lucas Olmedo, CEO of Fligoo.

The first product in development under the collaboration with Broadridge will allow financial advisors to take a data-driven approach to optimize and enhance their relationship with investors, by offering personalized service and delivering in a manner and time preferred by clients. The companies anticipate that the hyper-personalization of investor needs will escalate both client satisfaction and asset growth for the long-term across the entire investor base.

“Investors expect advisors to understand their specific needs, and we are creating an end-to-end practice management solution with Fligoo that uses AI to enable financial advisors to anticipate investor needs at every moment of the investment life cycle. Together, we are creating an entire predictive analytics suite that will enable advisors to personalize and digitize their client engagements in a way that will deepen and broaden relationships in a more scalable manner,” said Michael Alexander, President of Wealth Management at Broadridge. 

Broadridge and Fligoo plan to launch other additional AI-powered software products over the next year, delivering insights to wealth management firms and their advisors.

New York-based Broadridge Financial Solutions is a $4 billion FinTech leader. It provides investor communications and technology-driven solutions to banks, broker-dealers, asset and wealth managers and corporate issuers. It is part of the S&P 500 Index and employs over 12,000 associates in 17 countries.

Previous Article

January 14, 2021

Temenos technology supports strategic objectives of Pakistan’s BoK

Read More
Next Article

January 14, 2021

4 influential FinTech companies disrupting Norway’s financial space

Read More

IBSi Prime News

The Weekly Wrap

November 26, 2021

America

The Weekly Wrap: all you need to know by Friday COB | Nov 26th

Read More
  • Daily insightful news analysis
  • Weekly snapshot of the industry deals, events & insights
  • Sectoral deep dives on the hottest FinTech trends
  • Exclusive interviews featuring c-level executives shaping the industry
  • Profiles of the most influential established and emerging companies in the sector
  • Weekly global FinTech use cases
  • Chart of the Week curated by the IBSi’s Research Team
Subscribe to Prime

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

November 26, 2021

Talisma announces partnership with Abu Dhabi Commercial Bank

Read More

November 26, 2021

Altada Technology Solutions opens its sixth global hub this year in London

Read More

November 26, 2021

Decentro enters new categories to empower them with API workflows

Read More

Related Reports

Sales League Table Report 2021

£1,500 / year

Know More
US Financial Services Technology Report 2021

£1,500 / year

Know More
The Future of Digital Banking Report 2021

£1,500 / year

Know More
Wealth Management & Private Banking Systems Report 2021

£1,500 / year

Know More
Treasury and Capital Markets Systems Report 2021

£1,500 / year

Know More