FIS and InvestCloud have teamed up through a partnership focused on providing AI-based wealth management solutions. The partnership between FIS InvestCloud is intended to improve the functionalities offered by financial firms. In addition, it improves the digital transformation within the industry.
The collaboration focuses on integrating AI-driven solutions into wealth platforms. Moreover, it enables financial organizations to enhance customer interactions and advisory capabilities. As a consequence, the organizations will be able to provide their customers with personalized investment experiences. These innovative solutions have been developed with a view to aiding advisers in their decisions through intelligent analytics. In addition, they help streamline portfolio management and customer communication processes.
“Financial institutions want to modernize the wealth experience without disrupting the foundation they’ve built,” said Jim Johnson, Co-President, Banking Solutions, FIS. “With InvestCloud, we’re giving clients the flexibility to deliver an intelligent front office while continuing to rely on the FIS platforms that already power their operations.”
The FIS will continue to develop its fintech ecosystem through various partnerships. In addition, InvestCloud is also able to bring to the partnership its capabilities in digital wealth platform technology. This means that the partnership will enable innovation within the financial service industry. The partnership demonstrates the increasing need for the use of AI within the financial advisory industry. In addition, organizations are embracing technologies that enable informed decision-making. Lastly, the partnership between FIS and InvestCloud demonstrates the commitment of both firms to innovation & advancements within AI-based wealth management systems.
“The FIS partnership is a unique platform to expand our footprint to bring differentiated capabilities to financial institutions to help them delight their wealth clients. InvestCloud brings the digital experience and AI-enabled expertise that today’s advisors and clients expect,” said Jeff Yabuki, Chairman and CEO, InvestCloud. “At a time of transformative change, we are working together to deliver the personalized, high-touch service that strengthens relationships and keeps the human connection at the center of wealth management.”
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News Source: Businesswire.com
