Trending...
- Proper Sky Named to the 2026 MSP 501
- 100+ Episodes In, Liftoff with Keith Newman Tells Founders to Stop Publishing More
- Slotozilla Introduces a Centralized Resource for World Cup Bonus Offers
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 NIGO errors occur when investment documents are incorrect, outdated or lack vital information such as signatures.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
- David Pedrol named Managing Director in Indonesia
- AutomationIQ Launches to Bring Enterprise-Grade AI Automation to Local and Mid-Market Businesses
- DEPIN Studios Sees Surge in Demand After AI Gaming Launch
- Discard Junk Removal Named #1 Junk Removal Company in Sacramento Out of 189 Businesses Evaluated
- J&J Exterminating Mourns the Passing of Founder Bobby John Sr
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.
Filed Under: Business
0 Comments
Latest on The PennZone
- Exeter Smiles Encourages Reading Families to Start Teen Braces This Summer
- ARC Technologies Announces Corporate Asset Sale of buildings, inventory and IP patents
- Lady Liberty Is Coming Home: Historic WWII A-26 Invader Begins Her Final Journey to the Tulsa Air & Space Museum
- The Lashe Announces Limited-Time Sale on Professional Premade Fan Lash Extension Trays
- PropAccount.com Adds Prediction Markets to Its Multi-Asset Prop Firm Platform
- ToyLookup.com Launches AI-Powered Platform to Help Collectors Identify Vintage and Modern Toys
- Rising star Hip-Hop and R&B Force Della Drops Highly Anticipated New Single, "Throw It"
- UK Financial Ltd. Opens Test-Phase Maya 3 Liquidity Pool on Uniswap with DEX Screener Visibility for Market-Smoothing Ahead of CATEX Exchange Launch
- From DECA Finalist to Translational Scientist: Roohid Parast on Business Training in Biopharma
- Wagga Trucks set to expand to the Canberra Region as authorised dealer for Volvo, UD & Mack along with Freighter Group Trailers
- June Employment Report Reveals Hidden Weakness Beneath Lower Unemployment
- Exeter Smiles Encourages Families to Start Teen Braces This Summer
- The Hue Society Expands Roster for the 2026 Wine and Culture Fest
- Kasinohai Audit: Most Slots Could Be Affected by Finland's Draft Gambling Rules
- Why More Phoenix Families Are Turning to Private Autopsy Services for Answers
- Fig Lehigh Valley Celebrates 50th Edition With Summer Launch Party at the Americus Hotel
- Make America French Again Launches National Campaign
- RAS AP Consulting Expands AP Governance & Automation Practice and Named Finalist for Heidelberg Materials SAP Vendor & Customer Data Project
- New Children's Book Teaches Kids the Lesson Its Author Spent a Career Learning: Your Worth Doesn't Need Permission
- Proper Sky Named to the 2026 MSP 501