Canoe Wins A-Team Innovation Award for Most Innovative Use of AI
NEW YORK, LONDON, April 30, 2024 – Canoe Intelligence (“Canoe”), the platform for smarter alts management, has been recognized as the winner in the “Most Innovative Use of AI in an Enterprise Data Management Initiative” category at the A-Team Innovation Awards 2024.
Winners were announced virtually on the 30th of April, 2024. Last year, Canoe also won at the 2023 A-Team Innovation Awards in the same category.
The awards, now in their fourth year, celebrate innovative projects and teams across vendor and practitioner communities that make use of new and emerging technologies to deliver high-value solutions for financial institutions in capital markets.
The awards included numerous categories across A-Team Group’s Data Management Insight, RegTech Insight, TradingTech Insight, and ESG Insight news channels. They ranged from most innovative AI in regulatory compliance initiative to most innovative diversity, equity and inclusion strategy, most innovative KYC investigation and due diligence, most innovative ESG data solution, most innovative cloud-based trading analytics initiative, most innovative data-driven transformation project, and most innovative team.
Angela Wilbraham, CEO at A-Team Group, and host of the 4th annual A-Team Innovation Awards 2024 commented “Many congratulations to Canoe Intelligence in winning the Most Innovative Use of AI in an Enterprise Data Management Initiative award in recognition of their achievement in delivering high levels of innovation to financial institutions. They should be deservedly proud of this accomplishment.”
“We’re so excited to accept this award on behalf of Canoe,” said Aman Soni, VP of Data Strategy at Canoe. “With the recent launch of our new product, Canoe Asset Data, we are only continuing to expand our use of AI in data management initiatives across the fintech space. Our rapid progress in developing Canoe Asset Data, an automated data management solution for alternative investors, was fueled by the invaluable collaboration with our clients. Even prior to its commercial launch, Canoe Asset Data saw strong adoption from its design partners, which speaks volumes about the end product, our team’s dedication, and our clients’ support.”
In March 2024, Canoe announced the commercial launch of Canoe Asset Data, an innovative solution to the industry-wide challenge of accessing and using complete, timely, and accurate asset-level data. Several Canoe product suite expansions launched towards the end of 2023, including Canoe Pro, a comprehensive solution that integrates expert services into the client experience. These product development programs build upon Canoe’s recent successes, including 100% year-over-year growth in 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.
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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.
About A-Team Insight
The A-Team Innovation Awards deliver insights into industry trends, how peers across the buy- and sell-side are overcoming challenges in data, technology, and regulatory compliance, as well as how providers of data, technology or software solutions are working to help solve these challenges. A-Team Insight brings together expertise from well-established brands Data Management Insight; TradingTech Insight; RegTech Insight and ESG Insight. Readers are senior-decision makers globally from all major investment banks and investment management firms across the buy- and sell-side, as well as consultants, regulators, and the data, technology and software vendors servicing the financial markets.