BROADRIDGE Financial Solutions has announced that it has entered a strategic partnership with Fintech APTIQ, which is its AI, as the company’s minority stake in the company as part of its push to update wealth through artificial intelligence.
The partnership will see an integrated UPTIQ AI platform in the wealth entry network in Broadridge (WLN), a digital service linking wealth managers and consultants with lenders who provide securities credit lines.
The group is designed to automate the stock -based lending work (SBL), provide designer loan visions, and enhance customer results.
“Through the tools operating in APTIQ and the wealth network in Broadridge, we enable the consultants to provide more intelligent lending recommendations, saving time, and eventually helping their customers reach the liquidity necessary to achieve their financial goals,” said Mike Alexander, head of the wealth management at Broadridge.
“Our investments clarify our commitment to paying innovation in the ecosystem for wealth lending.”
The UPTIQ platform is said to simplify the main processes such as providing referral, handling loans and tracing. Financial advisers enable the lecture options to easily compare and provide faster and more compatible solutions to customers who are looking to reach credit.
“UPTIQ was designed for this purpose to remove heavy lifting of lending,” said Siniel Volzeli, founder and chief executive of UPTIQ. “The AI-Loin Plastic platform is the most relevant loan options, and the advisors are actively directing so that they can focus on customer service instead of wrestling with the complexities of the process.”
Broadridge said that the investment is in line with its broader goal of accelerating digital transformation through the wealth management sector by taking advantage of smart technologies to push size, efficiency and better service.