Aiviq, a leading cloud data SaaS fintech, has announced a multi-year agreement with Alliance Bernstein Asset Management (AB) to provide client AUM and flow data management products and services for AB’s international operations.
London, United Kingdom, February 14, 2023 (Issuewire.com) – AllianceBernstein Selects Aiviq for Client AUM and Flow Data Products and Services
Aiviq, a leading cloud-based SaaS business for the global asset management industry, today announced a multi-year agreement with global investment management firm AllianceBernstein (AB) to deliver customer asset under management (AUM) and flow data Management products and services for AB’s international business.
Aiviq licenses its industry-leading client AUM & Flow data management platform to AB, providing numerous enterprise AUM & Flow data sets through its managed services offering. This will standardize various AUM and flow data sources across AB’s European fund operations and support AB’s reporting and analysis requirements across sales, marketing, customer service and business management.
Honor Solomon, Head of EMEA Retail at AllianceBernstein, said:
“Aiviq and AllianceBernstein share a culture of collaboration, partnership and co-innovation that has allowed us to develop this highly successful feature together. is a key pillar of AB’s global strategy to develop , and we look forward to our continued cooperation with Aiviq.”
Mark Leedham, Head of Technology and Operations at AllianceBernstein – Client Group, commented:
“The Aiviq platform’s extensive data model and extensive library of data quality rules allow us to accurately map the roles of key participants in the investor ecosystem to a particular transaction or holding. AUM and Flow to Funding accounting data can be reconciled and advanced data matching techniques can be used. ”
Aiviq Executive Director Greg Glass commented:
“AB’s investment in the Aiviq platform is evidence of the accelerating trend in the wealth management industry to gain competitive advantage through more creative use of data. AUM and flow data representing print is one of the most valuable and underutilized data sets in the industry.AB is using it to support enterprise-wide use cases such as sales, marketing, finance and strategy. We have created a definitive customer register (CBOR) that can be used for: We are pleased with our partnership with AB and look forward to working closely together in the future.”
Headquartered in the UK, Aiviq is the leading cloud-based SaaS business for the global wealth management industry. The company offers AUM, flow, and revenue analytics products and services to help clients meet use cases across sales enablement, customer service, product development, risk and regulatory reporting, and corporate strategy. Aiviq’s vision is to clarify data and extract insightful management information for global investment managers.The company is ISO 27001 certified:We adhere to the 2013 Information Security Standards and actively engage with our user community to ensure that our product roadmap keeps up with rapid changes within the industry. Aiviq, a wholly owned subsidiary of Alpha FMC, has grown organically and through acquisitions to support a growing client base across the global investment management industry.
About Alliance Bernstein – www.abglobal.com
AllianceBernstein LP, the parent company of AllianceBernstein Limited, is a leading investment manager managing $646 billion in client assets as of December 31, 2022. Value in major global markets, and private investors.
AB’s investment capabilities span multiple asset classes, investment styles and geographic markets. These include global, regional and sector-specific equity funds based in Luxembourg. Multi-asset and alternative funds. Fixed income strategies covering the entire risk/reward spectrum.
In Europe, AB’s wealth management practice has 11 offices in 9 countries, serving institutional investors, discretionary wealth managers and financial advisors with high-conviction equity funds and specialist fixed income strategies, highly liquid We offer alternative and multi-asset solutions.
Issued by AllianceBernstein Limited, licensed and regulated by the Financial Conduct Authority. Its registered office is at 60 London Wall, London, EC2M 5TQ. Additional information about AB can be found on our website at www.alliancebernstein.com.
Aiviq Media Contacts
Marketing Manager & Media Contact, Aiviq
marie.weidlich@Aiviq.com – Phone +44 7984 184461
Global Head of Aiviq
lee.griggs@Aiviq.com – Phone +44 7825 700908
Alliance Bernstein Media Contacts
Gillian Kyle, EMEA Communications
+44 (0)20 7959 4763
Tag : asset management , cloud data , that , Information security , machine learning , big data