Canoe Honored for Enterprise Data Management at A-Team Insight Innovation Awards 2023
NEW YORK, March 24, 2023 – Canoe Intelligence (“Canoe”), the financial technology company powering alternative investment intelligence for institutional investors, capital allocators, wealth managers, and asset servicing firms, has been honored at the third annual A-Team Insight Innovation Awards.
Canoe received the award for “Most innovative use of AI in an enterprise data management initiative.” The winners were announced during a virtual ceremony hosted on March 23rd.
Selected by A-Team Insight’s editorial team and an Innovation Advisory Board made up of key individuals in the financial technology space, winners of the 2023 Innovation Awards represent innovative projects and teams that make use of new and emerging technologies to deliver high-value solutions for financial institutions.
“Many congratulations to Canoe Intelligence in winning the ‘Most innovative use of AI in an enterprise data management initiative award’ in the 3rd annual A-Team Innovation Awards 2023. The awards, now in their 3rd year, recognise and reward companies that deliver high levels of innovation to financial institutions in capital markets. Canoe Intelligence should be deservedly proud of their incredible achievement in a closely fought and highly competitive contest,” says Angela Wilbraham, CEO, A-Team Group, who hosted the A-Team Innovation Awards 2023.
This news follows Canoe’s win for “Best Artificial Intelligence (AI) Application (US)” at the WealthBriefing WealthTech Americas Awards 2023 last month. The company’s Head of Product, Michelle Wilson, was also named Technology Innovator of the Year at the WatersTechnology Women in Technology & Data Awards earlier this month.
Canoe recently announced the completion of its Series B financing round. Canoe’s platform has become a crucial solution for the alternative investment industry. Its global client base grew over 200% in 2021 and continued that pace through 2022. Canoe now supports over $5T in assets under advisement.
About Canoe Intelligence
Canoe Intelligence redefines alternative investment data processes for leading institutional investors, capital allocators, asset servicing firms and wealth managers. By combining industry expertise with the most sophisticated data capture technologies, Canoe’s technology automates the highly-frustrating, time-consuming, and costly manual workflows related to alternative investment document and data management, extraction and delivery. Over 200 companies like Blackstone, Carlyle, State Street, SEI, and Hamilton Lane leverage Canoe to refocus capital and human resources on business performance and growth, increase efficiency, and gain deeper access to their data. For more information, visit www.canoeintelligence.com
Betsy Miller Daitch