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Advisor Tech Talk: 2/1/22

#artificialintelligence

JIFFY.ai & Docupace: "Docupace, the leader in cloud-based fintech digital operations software for the wealth management industry, and JIFFY.ai, the innovative provider of true end-to-end intelligent automation applications, announced the companies are jointly developing the wealth management industry's most powerful suite of automation solutions; deploying leading-edge capabilities such as intelligent document processing, artificial intelligence (AI), robotic process automation (RPA), as well as machine learning and advanced analytics to deliver benefits at scale across enterprise operations." Michael Pinsker, founder and president at Docupace, stated, "Docupace and JIFFY.ai are leveraging our collective wisdom to take the most advanced technologies and pointing them directly at our clients and the wealth management industry's biggest pain points and most common issues of operational inefficiencies." RISE Financial: "RISE Financial, a subsidiary of Siebert Financial Corp., a provider of financial services, announced that it has completed the acquisition of a 20% equity stake in Hedge Connection, the only woman-owned fintech company offering a patented enterprise capital introduction SaaS solution through its product Fintroz. As part of the transaction, RISE Financial acquired the right to purchase up to the remaining 80% of Hedge Connection. Hedge Connection's powerful Fintroz platform allows hedge fund managers to connect with a global pool of institutional investors and retain control over how their information is shared while helping allocators to streamline due diligence. The Fintroz platform provides RISE Financial and its division, RISE Prime, with a technology solution to efficiently scale a comprehensive capital introduction program for clients."