InvestCloud goes Neon and Gray for wealthtech way
US-based InvestCloud has released two new lines of financial apps – Gray and Neon – to run on its digital platform.
InvestCloud Gray digitises client interactions, providing a platform for wealth managers. While InvestCloud Neon enables wealth managers and financial institutions to automate trading, accounting and middle-office workflows. It also supports the real-time processing of equities, bonds and funds – and is multi-lingual and multi-currency.
John Wise, co-founder and CEO at InvestCloud, says the “next generation of investors are already used to running their lives through apps” and “by going hybrid – combining both digital and human – they can deliver an incredibly personalised service”.
Both solutions are underpinned by the InvestCloud Digital Warehouse. This aggregates data from systems and custodians, external news and social media sources, alongside market and portfolio data. In addition, it provides managers with a “single version of the integrated truth” when it comes to their data.
For Neon users in particular, the Digital Warehouse aggregates information from more than 1,000 interfaces and over 2,000 APIs.