AI-Powered Solutions Unveiled by InvestCloud to Boost Advisor Efficiency and Improve Client Interaction
InvestCloud, a global leader in wealth technology, has announced a new generation of AI-enabled solutions designed to transform the way wealth managers and advisors operate. The two new offerings, Intelligent Screening and Intelligent Meeting, aim to enhance productivity, compliance, and client interaction quality [1].
Intelligent Screening:
Intelligent Screening automates in-depth due diligence during client onboarding and performs ongoing risk monitoring throughout the client lifecycle. By using AI, it enables faster, more accurate, and cost-effective screening, allowing private banks, wealth managers, compliance officers, and advisors to focus on decision-making rather than manual research [2].
The solution integrates AI-driven know-your-client (KYC) risk screening and continuous monitoring, powered by smartKYC technology. It addresses challenges of disjointed systems and fragmented data by providing streamlined, unified compliance workflows [3]. Furthermore, it supports regulatory compliance and client risk management proactively to reduce operational risks.
Intelligent Meeting:
Intelligent Meeting is designed to make meetings more efficient and meaningful for advisors. It automates client meeting tasks including meeting preparation, note-taking, and follow-up action tracking. Integrating intelligence from multiple systems, it reduces administrative burdens, enabling advisors to concentrate on meaningful client conversations [4].
The solution automates workflows before, during, and after client meetings, ensuring better tracking of action items and improving overall client engagement. It is supported by Zocks, a privacy-first AI assistant that enhances advisor productivity while maintaining client confidentiality [4].
A Collaborative Approach:
Dermot Corrigan, CEO of smartKYC, and Mark Gilbert, Founder and CEO of Zocks, expressed pride in collaborating on the transformational technology of Intelligent Screening and Intelligent Meeting from InvestCloud. They share a commitment to creating a smarter financial future with InvestCloud [6].
Dan Bjerke, President of Digital Wealth at InvestCloud, stated that these new solutions leverage data and AI in new ways, renewing the company's commitment to client excellence, integration, and innovation as part of its new strategic direction [5]. This strategic direction, introduced in late 2024, focuses on creating a smarter future for wealth management [7].
Together, these solutions from InvestCloud leverage AI to help wealth advisors and managers work smarter across the entire client lifecycle, improving operational efficiency, compliance precision, and client engagement quality [1].
[1] InvestCloud's Intelligent Screening and Intelligent Meeting solutions for wealth management offer AI-powered automation designed to enhance productivity, compliance, and client interaction quality.
[2] Intelligent Screening uses AI to automate in-depth due diligence during client onboarding and for ongoing client risk monitoring throughout the client lifecycle.
[3] Intelligent Screening integrates AI-driven know-your-client (KYC) risk screening and continuous monitoring powered by smartKYC technology.
[4] Intelligent Meeting automates client meeting tasks including meeting preparation, note-taking, and follow-up action tracking.
[5] These new solutions leverage data and AI in new ways, renewing the company's commitment to client excellence, integration, and innovation as part of its new strategic direction.
[6] smartKYC, a provider of AI-driven know your customer (KYC) risk screening and monitoring solutions, and Zocks, a privacy-first AI assistant for financial advisors, are involved in the development of Intelligent Screening and Intelligent Meeting.
[7] The new strategic direction of InvestCloud, introduced in late 2024, focuses on creating a smarter future for wealth management.
ffnews.com might publish an article about the new strategic direction of InvestCloud, focusing on creating a smarter future for wealth management by leveraging data and artificial-intelligence in their new offerings, Intelligent Screening and Intelligent Meeting. These solutions are designed to automate various tasks in wealth management, such as client onboarding, risk monitoring, meeting preparation, and note-taking, aiming to enhance productivity, compliance, and client interaction quality. The collaboration for the development of these solutions includes smartKYC, a provider of AI-driven know-your-customer (KYC) risk screening and monitoring solutions, and Zocks, a privacy-first AI assistant for financial advisors.
