Trending...
- WebDrafter Welcomes Honey in the Hollow as a New Marketing Client
- LS2 Partners with Angels Of Dirt's "Next Chapter Racer" Series Celebrating Women and Girls in Motorsports
- Jacombs Tickets Partners with UEFA to Offer Champions League Tickets
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 NIGO errors occur when investment documents are incorrect, outdated or lack vital information such as signatures.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
- AutoProIT Achieves Cyber Essentials Certification, Reinforcing Its Commitment to Secure Digital Transformation
- DayPass llega a ChatGPT y Claude
- DayPass launches in ChatGPT and Claude
- Renkeer Water Quality Sensors Support Efficient Operation of AI Liquid Cooling Systems
- Victor Archibong Expands ItsArchiDuh Creator Brand
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
- BitTitan Accelerates Large-Scale Document Migrations with MigrationWiz
- Clearnetworx Deploys netElastic vBNG, CGNAT And netVision To Power Fiber Expansion Across Colorado's Western Slope
- Glenn Strange - Iconic Horror actor of Universal Studios Frankenstein's Monster Fame Honored
- Creole101 Launches Multilingual Dictionary App with 50,000+ Entries, Vocabulary Games and Haitian Cultural Resources
- Hilton Waikiki Beach Resort & Spa Introduces Level 37 Sky Lounge by Casamigos
- Self-Published Dad's Santa Book Finally Found After 3 Years on Amazon
- Meta Partnership Expanding as Omni One Orders Surge 3X -New Consumer Bundles, Defense Opportunities & AI Robotics: Virtuix Holdings: N A S D A Q: VTIX
- Roots for Boots to Participate in 2026 Adams County Community Foundation Giving Spree
- Timbrana Helps General Contractors Improve Jobsite Visibility and Subcontractor Accountability
- Citizens for West Virginia Election Integrity Urges "FOR" on Amendment 1
- Vegan Kingz Expands Direct-Import Wholesale Lineup to Help Commercial Kitchens Cut Ingredient Costs
- Acuvance Survey Finds ERP Integration Remains a Key Challenge as Healthcare Organizations Prepare for AI
- Everything Policy Unveils Their Classroom Resources Behind Every Policy Topic
- Constantine "Costa" Kapothanasis II Acquires The Lubri-Loy Company, Carrying a 77-Year-Old American Lubricant Brand Into Its Next Era
- LS2 Partners with Angels Of Dirt's "Next Chapter Racer" Series Celebrating Women and Girls in Motorsports
- Danish company biosuite introduces biotech procurement software to track outsourced R&D commitments
- Ten Ten Ten Announces Alento, Its Initiative to Help Independent Primary Care Thrive
- JFAB Consulting to Celebrate New Brand with Private VIP Event at Acrisure Stadium
- Industrial & systems engineering educator and professional to lead global strategic partnerships for professional society
- Convergence of AI, Wearable Technology, Remote Patient Monitoring and Real-World Healthcare: PomDoctor Ltd. (N A S D A Q: POM)