Alkymi onboards Interactive Brokers Group 14 December 2021US Reporter: Jenna Lomax
Image: VectorMine
Alkymi, the data workflow specialist, has onboarded the Interactive Brokers Group, an automated global electronic broker that operates one of the largest electronic trading platforms by volume in the US.
The Interactive Brokers Group chose Alkymi’s Data Inbox and Alkymi Patterns for its broker/dealer business, to enable a digital client onboarding experience for its customers and to support its rapidly growing customer base.
Interactive Brokers is a securities firm with $10 billion in equity capital and currently executes more than two million trades a day.
Through the use of Alkymi’s Data Inbox and Patterns, Interactive Brokers will be able to eliminate manual collection, extraction and transformation of data and focus on client service while improving costs.
Alkymi Patterns leverages machine learning, natural language processing and computer vision to extract and structure targeted data.
Yochai Korn, global head of market data and research at Interactive Brokers, says: “Alkymi’s deep understanding of financial workflows and how to efficiently automate them gives us the ability to transform the client experience and offer entirely new data products. Our customers will be pleased.”
Harald Collet, CEO and co-founder of Alkymi, comments: “With Alkymi, Interactive Brokers will be able to set a new standard in client experience, onboarding speed, and operational excellence leveraging artificial intelligence-powered automation technology for global address verification.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: VectorMine 