DiMeo Schneider & Associates Selects Canoe Intelligence to Streamline Its Alternative Investment Data Processes
NEW YORK, February 17, 2021 – Canoe Intelligence (“Canoe”), a financial technology company focused on reimagining data management processes for alternative investors and allocators, today announced a new client engagement with DiMeo Schneider & Associates, L.L.C. “DiMeo Schneider”, a nationwide investment consulting firm serving retirement plans, nonprofit institutions, private clients and financial institutions with over 175 employees and approximately $200 billion in assets under advisement.
Following DiMeo Schneider’s Integration with Fiduciary Investment Advisors LLC (“FIA”) in 2020, the company is implementing Canoe technology to automate and scale their combined alternative investment document and data processes, especially around data delivery to the SS&C Black Diamond Wealth Platform and Investment Metrics.
“Our purpose is to help clients prosper, and to do this effectively we need to provide our team with the most powerful tools and technologies,” said Julie Vander Weele, Chief Operating Officer at DiMeo Schneider & Associates. “Implementing Canoe technology will help us reduce the manual work associated with alternative investments and give our team more time to deliver exceptional client service.”
“As investments in alternatives continue to grow, so do the complexities around managing the documents and data associated with those allocations,“ said Mike Muniz, Partner and Chief Revenue Officer at Canoe Intelligence. “We’re excited to be working with growing investment consultants, like DiMeo Schneider, to strengthen their technology stack and deliver operational power. DiMeo fits the exact profile of the firms with whom we’re looking to partner- innovative, thoughtful, and client-centric- and we’re honored to formally engage with their incredible team.”
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About Canoe Intelligence
Canoe Intelligence reimagines alternative investment data processes for hundreds of 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. With Canoe, clients can refocus capital and human resources on business performance and growth, increase efficiency, and gain deeper access to their data. Canoe’s AI-driven platform was developed in 2013 for Portage Partners LLC, a private investment firm. Learn more: www.canoeintelligence.com
About DiMeo Schneider & Associates, L.L.C.
Founded in 1995, DiMeo Schneider is dedicated to investment consulting. As fiduciary advisors, we create highly customized strategies following a disciplined approach we’ve been honing for more than 25 years. DiMeo Schneider is a trusted fiduciary to retirement plans, nonprofit organizations, private clients, and financial institutions. With seven offices across the nation, we support clients in 47 states. The firm offers no proprietary investment products, nor accepts commissions. At the heart of each client relationship is a deep dedication to putting our clients’ needs first. The firm operates as part of a joint venture with NFP, a leading insurance broker and consultant with over 5,600 employees.