Canoe Shortlisted for Innovative Client Solution Award by Family Wealth Report
NEW YORK, December 4, 2019 – Canoe Intelligence (“Canoe”), a first-of-its-kind technology that eliminates manual data entry for institutional investors, alternative investment allocators, and asset servicing firms, today announced that it was named to Family Wealth Report’s 2020 Shortlist in the Innovative Client Solution category for its partnership with clients in solving industry challenges.
Since 2014, the Family Wealth Report Awards have recognized Experts, Products, and Services of all sizes and types who demonstrate independence, integrity, and genuine insight into the wealth management space. The judging process is conducted by a panel drawn from both private banks and trusted advisors/consultants to the sector.
“Innovation is core to our culture and embedded in our DNA. We are honored to be included in Family Wealth Report’s 2020 Shortlist as an Innovative Client Solution,” said Seth Brotman, CEO of Canoe Intelligence. “We’ve partnered with many forward-thinking clients to unlock new efficiencies at their firms and reimagine the future of alternative investment workflows for all involved.”
Leveraging a combination of industry expertise and sophisticated proprietary and open-source artificial intelligence and machine-learning technologies, Canoe automates the digitization of PDF reporting documents into actionable data and intelligence.
As documents are processed, unique patterns are created which form an ever-growing, shared intelligence that improves speed, recognition, and ingestion rates for all clients. Within sub-seconds, clients are able to turn unstructured data into accessible knowledge and participate in creating a new, reliable infrastructure for private markets.
Utilizing innovative technology and techniques, Canoe partners with clients to continually evolve the offering so that a sustainable and reliable solution for alternative investment data collection is available.
This is the second time that Canoe has been shortlisted for a Family Wealth Report Award, demonstrating its growing adoption in the family office space. In 2019, Canoe was named to the Family Wealth Report shortlist in the Outsourcing / Business Process Outsourcing category.
Winners will be announced in New York on March 18, 2020, at the Mandarin Oriental.
About Canoe Intelligence
Canoe’s technology allows institutions, LPs, and family offices to automate data extraction, document management, and other operational processes in order to refocus capital and human resources on business performance and growth. Canoe’s AI-driven platform was developed in 2013 for a billion-dollar, multi-family office and today is relied upon by hundreds of institutional investors, asset owners, administrators, advisors, and family offices. Learn more: www.canoeintelligence.com