Rage Frameworks, a cognitive intelligence and business process automation technology provider, has launched the new LiveWealth Intelligent Agent wealth management platform.
The platform is powered by the Rage aggregation engine that helps extract and assess structured or unstructured data from any paper or electronic statement by making use of semantic intelligence.
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The company said that its new platform will allow wealth managers to monitor changes in the external and personal environment that can affect portfolios and preferences of their clients.
LiveWealth quickly extracts, aggregates and normalises data from US custodians and international custodians, banks and other sources in real-time to offer 360° wealth management performance analytics.
Rage Frameworks CEO Venkat Srinivasan said: "LiveWealth represents a pioneering innovation Rage has developed to enable wealth managers to more effectively meet their clients’ needs. LiveWealth delivers the cognitive intelligence and automation capabilities wealth managers require, enhancing their ability to service their institutional and high net worth individual clients."
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