Allfunds partners with Google Cloud 23 April 2024 UK Reporter: Klea Neza
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Allfunds, the fund industry B2B platform, has joined forces with Google Cloud in an effort to enhance its capabilities through cloud computing, advanced data and analytics and artificial intelligence.
The partnership aims to deliver transformational solutions for Allfunds' network of distributors and fund houses, providing enhanced capabilities, strengthened security, and tools to address the complex challenges of fund distribution.
The union between the two companies will enhance all end clients’ access to advanced data analytics tools, and provide a more robust technological architecture.
According to the companies, fund houses will have the ability to gain deeper insights into investor behaviour, market trends, and risk profiles, enabling more informed decision-making for product development, portfolio optimisation, and distribution strategies.
Juan Alcaraz, CEO and founder of Allfunds, says: "We remain committed to delivering the best tools and technology for our clients and continuing to support them on their journey of growth and success.”
Tara Brady, president of Google Cloud for EMEA, comments: “Our partnership with Allfunds will help power its innovation journey with Google Cloud's AI technologies. Our collaborative efforts will empower Allfunds' clients with the tools and insights they need to make better-informed decisions and drive growth.”
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