New Products
What’s New In Investments, Funds? – Canoe Intelligence
The latest news in investment offerings, financial products and other services relative to wealth advisors and their clients.
Canoe Intelligence
New York-based Canoe
Intelligence, a financial technology company for the
alternatives industry that has been building its international
footprint, has just launched its latest innovation
– Canoe Pro. The development is in collaboration with
US-based Amplify
Advisory Solutions, a professional services consulting firm
serving RIAs, family offices, endowments and foundations. Amplify
is the first Canoe Pro partner.
“With the launch of Canoe Pro and our partnership with Amplify, we're pioneering a path to success for our clients as they adopt new technologies and workflows,” Tim Loughrey, head of client success at Canoe Intelligence, said in a statement. “It's about equipping clients with the tools and support they need to navigate change seamlessly and achieve their objectives in this perpetually evolving landscape. Canoe Pro represents the next step in our mission to empower our clients and optimize data management for alternative assets.”
Canoe Pro combines Canoe’s alternative investment technology with specialized support from service providers like Amplify that have expertise in Canoe and relevant downstream systems.
The offering has three key features. These include the Canoe Certified Service Partners, where selected partners are well-versed in the intricacies of alternative asset administration, and operating technology platforms. Another key feature is the Delegate to Experts, where Canoe Pro Partners take ownership of the retrieval, organization, and reconciliation of investment documents spanning asset classes and source data types, ensuring speed and accuracy. Lastly, there is the Alternatives Data Workflow Management which accelerates the implementation, onboarding, and operation of a comprehensive alternatives data management program.
The launch follows two additional product expansion announcements this quarter including Canoe Tax for streamlined tax document workflows, and their plans to develop and deliver Canoe Asset Data through a design partnership with 13 existing clients.
Canoe Intelligence has also opened a new London office as the business extends its reach into Europe. See more about the firm here.
