The award recognizes the deep impact BridgeFT’s cloud-native, API-first approach has had on fueling innovation throughout the wealth technology ecosystem.
CHICAGO | March 02, 2023 10:20 AM Eastern Standard Time
BridgeFT, a cloud-native, API-first Wealth Infrastructure software company that enables financial institutions, FinTech innovators, and registered investment advisors to deliver better, data-driven outcomes for their clients, announced today that it has been awarded “Best Data, Information or Business Intelligence Provider (US)” at the Second Annual WealthBriefing WealthTech Americas Awards.
Showcasing “best of breed” in the Americas region, the WealthBriefing WealthTech Americas Awards are designed to recognize outstanding organizations grouped by specialism and geography which the prestigious panel of independent judges deemed to have “demonstrated innovation and excellence during the last year.”
“BridgeFT provides critical data and application infrastructure so our clients and partners can deliver more differentiated value propositions and attract attention,” said Joe Stensland, Chief Executive Officer of BridgeFT. “Before the launch of WealthTech API, gaining access to and managing the vast amount of wealth data relied on legacy systems that required significant time and money. Now, financial institutions and fintech innovators can use our WealthTech-as-a-Service to bring to market truly differentiated products. We are honored to be recognized for our commitment to delivering modern, API-first wealth infrastructure that empowers our clients with full control over mission critical data and the digital experiences they want to create, without the need to build their own infrastructure. ”
BridgeFT recently launched WealthTech API, our WealthTech-as-a-Service platform offering a single, open API to trade-ready, multi-custodial data, analytics, and applications. BridgeFT’s WealthTech API empowers clients to reimagine the potential of their financial data and technology stack, using the power of the cloud. As the industry’s only API-first, cloud-native wealth infrastructure platform, WealthTech API removes the need for individual data feeds from a range of custodians and back-office providers, allowing wealth management firms and FinTech companies to create differentiated, next generation wealth management applications.
Custodians hold a range of data that drives the investment ecosystem, from positions and balances to client holdings and trades. Each individual custodian has its own data policy, structure, and systems, forcing FinTech companies and other financial institutions to build custom programs for each custodian to ingest the data. This adds both development time and cost. By simplifying access to the underlying data, WealthTech API allows financial innovators to rethink and streamline their own tech stacks and create differentiated tools and solutions for their own clients with BridgeFT’s applications and developer-to-developer support.
The WealthBriefing WealthTech Americas Awards are part of a global program run by WealthBriefing and its sister publications WealthBriefingAsia and Family Wealth Report, encompassing all of the world’s major wealth management centers.
“The organizations and individuals who triumphed in these awards are all worthy winners, and I would like to extend my heartiest congratulations to the winners and to those who have put so much work into each winning submission,” said Stephen Harris, Chief Executive Officer of ClearView Financial Media and Publisher of WealthBriefing. “These awards recognize the very best operators in Americas’ wealth management, with ‘independence,’ ‘integrity,’ and ‘genuine insight’ as the watchwords of the judging process, such that the awards truly reflect excellence in Americas’ wealth management.”
BridgeFT is a cloud-native, API-first Wealth Infrastructure software company that enables financial institutions, FinTech innovators, TAMPs, and registered investment advisors to deliver better, data-driven outcomes for their clients. Leading financial services firms and technology companies trust BridgeFT to power their digital wealth management ecosystems and automate critical back-office operations—seamlessly aligning essential wealth data, proactive client insights and reporting, and portfolio management automation to deliver a truly personalized client experience. From an integrated advisor solution to the industry’s only WealthTech-as-a-Service platform offering open APIs, BridgeFT delivers the infrastructure needed to power next generation wealth management applications. For more information, visit bridgeft.com.
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