Trending...
- STS Capital Partners is pleased to announce the appointment of Barry Brown as Vice President, Business Development
- Regcrest LLC Publishes Free 50-State Tax Account Closure Checklist Tool
- Qscription Technologies and NEOPATHOLOGY CORP. Sign MOU to Bring FDA-Cleared Lung Imaging AI into U.S. Clinical Practice
PHILADELPHIA, April 8, 2024 ~ In a recent announcement, Alternative Investment Exchange (AIX) revealed its new partnership with Concorde Investment Services. This collaboration will utilize AIX's innovative technology to automate alternative investing processes for Concorde, its advisors, and their clients.
Concorde, a renowned leader in the alternative investments industry, is based in Ann Arbor, Michigan and operates as a Registered Investment Advisor (RIA), full-service broker-dealer, and insurer. This partnership is significant for AIX as it allows them to work with a well-respected company in the field.
One of the main benefits of this partnership for AIX is the use of their data-driven technology. This technology will increase efficiency and reduce risk for both Concorde and its clients. One major advantage is the significant reduction of Not-In-Good-Order (NIGO) errors, which can often hinder investments in alternatives. NIGO errors occur when investment documents are incorrect, outdated or lack vital information such as signatures.
According to Danielle Delongchamp, President and CEO of Concorde, this partnership with AIX will provide their representatives with a streamlined technology solution to meet each client's unique investing needs. She also highlighted AIX's ability to reduce NIGO errors significantly and its user-friendly interface with digital signature and straight-through processing. Additionally, she mentioned that AIX's capability to deliver private placement memorandums (PPMs) electronically was another exciting feature.
More on The PennZone
Brad West, Chief Operating Officer of AIX expressed his enthusiasm about working with an alternative investments leader like Concorde. He believes that this partnership showcases AIX's success in automating the alternatives investing process. He also looks forward to collaborating with the Concorde team to serve their loyal clients.
AIX's platform functions as a workflow management solution that automatically populates forms and relevant systems with data. This streamlines the investing process for advisors, clients, sponsors, custodial parties, home offices, and compliance. The platform supports the full-capital alternatives life cycle, including data rooms and electronic delivery of offering materials, all-digital transactions, and post-trade account monitoring.
Overall, this partnership between AIX and Concorde is a significant step towards revolutionizing the alternative investments industry. With AIX's advanced technology and Concorde's expertise in the field, clients can expect a more efficient and streamlined investing experience.
Concorde, a renowned leader in the alternative investments industry, is based in Ann Arbor, Michigan and operates as a Registered Investment Advisor (RIA), full-service broker-dealer, and insurer. This partnership is significant for AIX as it allows them to work with a well-respected company in the field.
One of the main benefits of this partnership for AIX is the use of their data-driven technology. This technology will increase efficiency and reduce risk for both Concorde and its clients. One major advantage is the significant reduction of Not-In-Good-Order (NIGO) errors, which can often hinder investments in alternatives. NIGO errors occur when investment documents are incorrect, outdated or lack vital information such as signatures.
According to Danielle Delongchamp, President and CEO of Concorde, this partnership with AIX will provide their representatives with a streamlined technology solution to meet each client's unique investing needs. She also highlighted AIX's ability to reduce NIGO errors significantly and its user-friendly interface with digital signature and straight-through processing. Additionally, she mentioned that AIX's capability to deliver private placement memorandums (PPMs) electronically was another exciting feature.
More on The PennZone
- Retell AI White Label Platform for Agencies Launched by VoiceAIWrapper, With Branded Client Portals and No Per-Minute Markup
- FOCUS Names Mark Phillips Senior Vice President of Business Development
- Notaron Expands Online Notarization Access Following Wisconsin Approval
- Wings Air Helicopters Selected to Support VIP Transportation for Resorts World in New York
- Scoop Social Co. Brings Its Signature Mobile Dessert Experience to Houston This October
Brad West, Chief Operating Officer of AIX expressed his enthusiasm about working with an alternative investments leader like Concorde. He believes that this partnership showcases AIX's success in automating the alternatives investing process. He also looks forward to collaborating with the Concorde team to serve their loyal clients.
AIX's platform functions as a workflow management solution that automatically populates forms and relevant systems with data. This streamlines the investing process for advisors, clients, sponsors, custodial parties, home offices, and compliance. The platform supports the full-capital alternatives life cycle, including data rooms and electronic delivery of offering materials, all-digital transactions, and post-trade account monitoring.
Overall, this partnership between AIX and Concorde is a significant step towards revolutionizing the alternative investments industry. With AIX's advanced technology and Concorde's expertise in the field, clients can expect a more efficient and streamlined investing experience.
0 Comments
Latest on The PennZone
- SMACK Fight Week Takes Over Philadelphia
- Super Rooter Expands to 190 Plumbing, Sewer, and Drain Service Locations Across the United States
- European Patent for ALS Program Expands the Story: HOPE Deploys Robotic TMS & FDA Commercialization Path Advances: NRx Pharmaceuticals: NAS DAQ: NRXP
- VICTURY Sports Announces Formation of Youth Sports League Built on the Official, Patented, and Award-Winning Keepy Uppy® Ball
- Spearmint Publishes Full Design of Its Mining Pool Before Building It, Including Legal Drafts
- Congressman Chuck Edwards (NC-11) Presents ReadyCommunities Partnership 2026 National Service Award to Local Businessman / US Air Force Veteran
- Cress Creeks Farm Opens Fall Corn Maze and Baby Lamb Hayride Experience in Ellijay, Georgia
- Brewtay Coffee Introduces Specialty Instant Line Designed for High-Velocity Commuters and Travelers
- Allstream Energy Partners Nominated in Multiple Categories for Fast Company's Best Workplaces for Innovators
- Ten Ten Ten Awards Provisional Certification to Cara AI for Home-Based Health Assessments
- IDI Consulting Partners with the American Heart Association to Advance Heart Health Awareness
- Kerri Lawless Introduces New Home-Selling Option for Local Homeowners
- Bethany Nikitenko Appointed to Philadelphia Trial Lawyers Association Diversity Committee
- FDA-Cleared Zeta TMS Robotic System Moves Toward Deployment as FDA, DARPA and Commercial Catalysts Converge: NRx Pharmaceuticals (N A S D A Q: NRXP)
- Baird Medical Turns Global Expansion Into Tangible Growth: N A S D A Q: BDMD Posts 25% Revenue Surge as U.S. and International Markets Accelerate
- Shelter Structures America makes European debut at TEMPOR EXPO 2026 in Fulda, Germany
- The Culture and Travel Report Enters a New Chapter as Travel and Hospitality Brands Take Notice
- Regcrest LLC Publishes Free 50-State Tax Account Closure Checklist Tool
- HydroExcavation.com Relaunches With Exclusive Local Service Areas and Dedicated Hydrovac Manufacturer Directory
- Sky Quarry Enters a Powerful New Chapter: Refinery Restart Emminent, Nevada Oil Initiative and Visibility Put (NAS DAQ: SKYQ) in the Spotlight