LPL Financial Launches Curated AI Solutions for Advisors

LPL Financial LLC, a leader in the wealth management industry, is helping its advisors spend more time on what matters with the launch of a curated program – AI Advisor Solutions – designed to help advisors maximize their days, deliver bespoke client experiences, and leverage data to provide more sophisticated and personalized financial advice. Nearly a third of financial advisors say they do not have enough time to spend with clients, according to J.D. Power’s 2023 U.S....

Vega Raises $20 Mn Series A Led by Apollo and Motive to Scale AltOS

Apollo and Motive led a $20 million Series A investment in Vega to scale its alternative asset manager client service technology platform – Vega AltOS – building on Vega’s $8 million seed investment from Motive, Picus Capital, Citi Ventures, and 60+ senior financial services executives. Apollo has become an enterprise-scale anchor client, using Vega AltOS to power its client services across its institutional, family office, and global wealth channels. Additionally, Apollo will contribute Edna, one...

Azimuth extends relationship with Truist to enhance automation

Azimuth, a pioneer in compliance automation, announced today that it is growing its strategic partnership with Truist Financial Corp (NYSE: TFC). With this multi-year expansion of their current partnership, Truist will implement Azimuth’s VALIDATOR software, enabling the bank to deploy automated, full-population compliance monitoring across multiple consumer businesses. This multi-year agreement broadens the partnership that began in December 2021 with an investment from Truist Ventures and integration with several of Truist’s individual business lines and products. “Truist is...

GDS Wealth Management Partners with ClearMatch and EverSafe

GDS Wealth Management, a wealth management firm based in Flower Mound, Texas, has partnered with ClearMatch and EverSafe to bring additional services to their clients. As a wealth management company that prides itself on quality service, GDS sought to fill two critical gaps in their clients’ holistic financial needs: health insurance coverage and identity theft and fraud protection. ClearMatch ClearMatch, an unbiased service that helps individuals choose a healthcare plan that aligns with their health and financial needs,...

Binance Labs Invests in Brevis to Boost Off-Chain Computation Tools

Binance Labs has invested in Brevis, a ZK-coprocessor platform that unlocks new use cases for apps by allowing verifiable, trust-free computations on historical on-chain data. Brevis’ flagship product, the ZK-coprocessor, empowers smart contracts to trustlessly access and run arbitrary computations on historical on-chain data, such as transactions, events, and states, enabling a wide range of use cases from user engagement and retention features to dynamic optimizations for DeFi dApps, intent automation and many more. Using...

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