Canoe Named to Shortlist in Private Asset Management Awards 2024
NEW YORK, December 7, 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 named to the shortlist for With Intelligence’s upcoming awards program, the Private Asset Management Awards 2024.
It was announced today that Canoe was up for the “Family office innovations” category. Winners will be awarded during a dinner and networking reception hosted on February 8, 2024, at 583 Park Avenue in New York.
The Private Asset Management Awards recognize and honor outstanding achievements in the US private asset management industry. Now in its twentieth year, the Awards carry a legacy of rewarding exceptional performance in the private wealth community, bringing together esteemed industry peers and leading innovators for an evening of celebration.
Yesterday, it was announced that Canoe was up for two categories at the 2024 Fund Intelligence Operations & Service Awards, “Best Machine Learning Development” and “Best Data Management Solution – Back/Middle Office, also hosted by With Intelligence. categories. Those awards will be announced the following week, on February 15, 2024, at the Metropolitan Club in New York.
This news follows numerous industry award wins for Canoe this year, including “Best Data Management Solution” at the Private Equity Wire US Awards 2023, “Outsourcing/Business Process Outsourcing” at the Tenth Annual Family Wealth Report Awards 2023 program, “Most innovative use of AI in an enterprise data management initiative” at the 2023 A-Team Insight Innovation Awards, and “Best Artificial Intelligence (AI) Application (US)” at the WealthBriefing WealthTech Americas Awards 2023.
Earlier this quarter, Canoe expanded its product suite with the introduction of Canoe Pro, a comprehensive solution that integrates expert services into the Canoe client experience. Canoe also shared two product expansion announcements this quarter, including Canoe Tax for streamlined tax document workflows and plans to develop and deliver Canoe Asset Data through a design partnership with 13 existing clients.
These product development programs build upon Canoe’s recent successes, including 100% year-over-year growth and a strategic $25 million Series B financing round in February 2023. Canoe continues to advance operational excellence through the expansion of its platform and product suite, exemplifying its commitment to innovation and industry-leading product development in the alternative investment industry.
About Canoe Intelligence
Canoe Intelligence (“Canoe”) is a financial technology company dedicated to advancing alternative investment intelligence for institutional investors, capital allocators, wealth managers, and asset servicing firms. Canoe empowers clients with technology, data, and insights to manage alternative assets more efficiently, accurately, and confidently. With a commitment to innovation and excellence, Canoe is redefining the future of alternative investment data management.
Betsy Miller Daitch