Press Releases

Truvvo Partners Selects Canoe Intelligence to Automate Alternative Investment Data

NEW YORK, September 25, 2019 – Canoe Intelligence (“Canoe”), a first-of-its-kind technology that eliminates manual data entry for institutional investors and family offices, today announced a new client relationship with Truvvo Partners (“Truvvo”), a multi-family office. Truvvo will utilize Canoe’s technology to automate and streamline the operational workflows related to document ingestion and categorization, data extraction, and data delivery.

Based in New York and Chicago, Truvvo manages approximately $4 billion in assets for a select group of ultra-high-net-worth families and foundations. Truvvo’s wealth management solutions seek to be more responsive to today’s environment. Specifically, the firm is focused on delivering integrated strategic advice and planning, investment management, and merchant banking solutions to families and institutions.

With allocations to alternative investments across clients, Truvvo began a search for innovative technologies to automate and streamline the work involved in collecting the data pertaining to these investments. This vital, highly manual, and time-consuming work includes processing recurring documents and extracting data for accounting, reporting, and operational tasks such as managing capital call and distribution notifications, organizing and saving documents in a consistent manner, and feeding additional analytics platforms and workbooks for the investment team. Canoe Intelligence addresses these tasks with a combination of industry knowledge and technology to efficiently manage these repetitive manual workflows.

“Without Canoe Intelligence, large multi-family offices like Truvvo do not have the ability to streamline alternative investment workflows at scale,” said Seth Brotman, CEO of Canoe Intelligence. “We are grateful to serve as industry changemakers by partnering with clients like Truvvo and transforming these manual processes together.”

Canoe enables clients to systematically ingest and categorize their alternative investment documents from any source, automatically extract and validate the desired data elements from those documents, and seamlessly deliver that information into accounting, performance, and analytics systems of their choosing with more accuracy, speed, and cost efficiency.

“By collaborating with Canoe Intelligence, our operations team is now armed with a straight-through processing tool for managing the data associated with our clients’ alternative investments,” said Danielle Roseman, Managing Director of Operations at Truvvo Partners. “With Canoe Intelligence in our toolbox, we expect to become more efficient and accurate, and our team will be able to devote even more time to delivering the exceptional client service for which we are known.”

This announcement follows Canoe’s continued expansion into large multi-family offices and institutional investment enterprises, including OCIOs and Investment Consultants, LP Administrators, and Fund of Funds. Canoe’s ability to automate alternative investment workflows at scale is attractive to firms of all sizes and strategies.


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:

About Truvvo Partners
Truvvo Partners is an independent strategic advisor, investor, and wealth management firm. The firm forms partnerships with their clients to provide them with differentiated solutions for their wealth management needs. Truvvo’s expansive, global network includes impact leaders from diverse backgrounds, industries, and geographies and provides valuable knowledge, insights, and contacts.

Canoe Intelligence
Betsy Miller Daitch