Investing in FundGuard is something that you can look forward to. With a platform that has been built to replace decades old solutions, you will be able to automate your fund management and administration.
Investing in FundGuard is a surefire way to improve the performance of your investment portfolio. This next-generation SaaS platform manages investments across asset classes, including mutual funds, ETFs, and alternative funds. It also automates fund administration and reporting. In addition to streamlining workflows, it generates actionable insights. Among other things, FundGuard uses artificial intelligence to identify data mismatches and to provide automated exception management and reconciliation.
One of the best things about FundGuard is that it’s cloud-native. The platform is built to be resilient in the face of evolving market needs and demand. It also offers customizable thresholds for rules-based trading. In addition, it supports crypto-asset services and offers a cloud-based investment accounting solution.
FundGuard has managed to raise $55 million in just over three years. This includes funding from investors such as Blumberg Capital, Team8 Capital, and LionBird Ventures. In addition, it’s employed more than 50 people in Israel.
Platform automates fund management and administration
Having raised $55 million over the past 3.5 years, Fundguard is an asset servicing enterprise platform. It manages investments across asset classes and has partnerships with the world’s largest fund administrators. It’s AI-powered and offers an advanced investment accounting solution as well. It also has a suite of solutions to help custodian banks manage investments and provide a real-time service to investors.
Using AI and machine learning, Fundguard can identify anomalies in fund data and automate fraud detection. It also supports the latest in digital asset technology. It isn’t just a fintech player; it’s an industry disruptor. It has also hired industry veterans as sales directors, including Kirk Littleton, former head of trading platform sales at InvestCloud, and Alan Schneider, former executive at State Street and Citi.
As the industry moves to the cloud, Fundguard offers an enterprise-grade solution that provides the benefits of a unified, scalable, and secure investment administration platform. It also offers a suite of AI-powered products designed to improve performance and reduce costs.
AI-powered platform replaces decades-old solutions
Using AI, FundGuard is developing a new investment management SaaS platform that will transform the way fund managers and administrators manage investments and investment funds. The system provides an enterprise-grade, cloud-native solution for investment managers and administrators. It combines modern cloud technologies with multi-asset class real-time design to deliver actionable insights, improve investment performance and reduce costs.
FundGuard uses AI to detect unstructured financial anomalies, such as data mismatches, and automatically resolves exceptions. The platform also performs detailed reviews of corporate actions and cash holdings. The system also enables managers to add layers of oversight and automate workflows, reducing costs and streamlining workflows.
FundGuard recently announced support for digital assets, enabling investment accounting solutions that incorporate crypto-assets. The company is also working with insurers and alternative funds. FundGuard’s technology is already in use with some of the largest global financial institutions, including Citi and State Street Corp.
Kirk Littleton joins as Sales Director
InvestCloud’s Kirk Littleton has recently joined FundGuard, a relatively new asset management company based in New York City, as sales director. With over 25 years of experience in the investment management technology sales industry, Kirk is well positioned to help lead the charge in transforming the underserved markets that lie within the finance industry. He is a former managing director for global outsourcing at BNY Mellon and has also spent five years at Ultimus Fund Solutions.
In addition to Kirk, FundGuard has also recently hired former Citibank exec Alan Schneider, who brings over 30 years of financial services experience to the table. Along with Kirk, Schneider is responsible for leading sales of FundGuard’s flagship product, the FundGuard platform. This AI-powered cloud-native platform is designed to help banks and asset managers drive efficiencies while improving performance. FundGuard recently closed a $12 million Series A funding round led by Team8, Blumberg Capital, and LionBird Ventures, among others.
Alan Schneider joins as Sales Director
Founded in 2018, FundGuard is a new generation financial services technology company with a bold vision to transform the underserved market. The company’s mission is to empower investment performance and operational efficiency through its cloud and AI-powered SaaS investment management platform.
FundGuard has partnered with the world’s largest fund administrators and investment firms to bring a new level of transparency, automation and efficiencies to the asset servicing industry. The technology enables banks to drive efficiency, reduce fees and offer new products. FundGuard’s AI-powered, cloud-native platform manages ETFs, mutual funds, alternative investments, insurance and pensions. Using modern cloud and AI capabilities, the company is creating a platform that is scalable, intelligent and intelligently architected.
FundGuard has hired Alan Schneider, a veteran of the financial services industry, as Sales Director. Schneider brings over 30 years of financial services experience, including his most recent position as Director of Sales at Citi. He joins the company at a time when FundGuard is leveraging modern cloud and AI capabilities to build an intelligent platform that supports digital transformation.