MIAMI | (BUSINESS WIRE)–Leading independent broker-dealer and RIA Insigneo has entered into a contractual partnership with technology pioneer Skience to build a state-of-the-art platform that combines the most advanced end-client connectivity with a customized workstation designed for advisors with global practices. The working partnership has a goal of rolling out a solution that increases automation, enhances integration and incorporates artificial intelligence into the world of financial management services, bringing the firm further into the digital era and positioning it as the first tech-enabled independent firm for global clients.
Skience, based in Herndon, Virginia, is a leader in delivering cloud-based strategies that transform businesses with expertise in financial services, making for a strong, natural provider for Insigneo. In addition to the new partnership, Skience founder and CEO, Sanjeev Kumar, will become a standing member of Insigneo’s Innovation Committee which is chaired by John Diamantis, a board member of Insigneo. Alongside John, the committee encompasses senior leadership of the firm along with board members, Marlon Young and Darcie Burke. This power squad of industry leaders ensures Insigneo and its independent advisors stay ahead of trends and remain relevant, as it works on new ways to streamline processes and bring innovative and advanced digital solutions to the investment world.
“A new day is dawning for our firm now that we are partnering with Skience to build this industry-leading wealth management platform,” said Javier Rivero, COO of Insigneo. “We are confident that this digital transformation, along with Sanjeev’s integration to our Innovation Committee, will propel even more the flexibility and reach that we offer to our advisors, vastly enhancing their clients’ experiences.”
With a focus on evolving client challenges, Insigneo is continuously searching for new, innovative ways to bring best-in-breed products and solutions to its network of independent financial advisors. The engagement with Skience adds strategic support to this, with both companies working in tandem to launch a novel workstation that will reduce inherent office-bound inefficiencies and maintenance costs by creating a single platform for Insigneo’s advisors to deliver a uniquely customized client experience.
“I am excited about this new partnership; it represents a shared commitment to boosting Insigneo’s productivity through game-changing technology,” said Sanjeev Kumar. “Leveraging the Skience Platform to build Insigneo’s new advisor workstation will enable them to deliver an integrated, collaborative experience for investors, advisors and home office personnel. Skience is focused on transforming the wealth management industry, and our partnership with Insigneo allows us to push the industry to new levels of digitization.”
The platform’s functional scope will include access to account opening and maintenance capabilities with custodians such as Pershing and Charles Schwab, to name a few. The roll-out offers added convenience and value through a Single Sign On, accessing a variety of financial information services, including financial planning, account aggregation, proposal generation and many more, making for enhanced productivity through a seamless, integrated process. Key indicators and dashboards are built into the platform to measure the firm’s performance while improving accountability and enhancing flexibility.
“We are thrilled to begin this new chapter of our firm’s technology roadmap” said Mariela Arana, Head of Operations and Technology of Insigneo. “My team will be closely collaborating with the Skience experts as we execute this project over the next 12-28 months to bring this leading-edge technology to our network of independent financial advisors.”
Through its advanced thought leadership in the investment world, Miami-based Insigneo strives to be a fully tech-enabled firm, at the heart of the ongoing dialogue about combining technology with investment management operations. The technologies this platform will be leveraging include Salesforce and DocuSign to name a few, ensuring that processes involve the most advanced digital capabilities, enhancing the speed of transactions and heightening monitoring while simultaneously enhancing the experience for its community of independent financial advisors.
Insigneo empowers Financial Advisors managing clients in the US and around the world with a comprehensive menu of services that focus on wealth management, multi-family offices and institutional services. Insigneo manages over 8 Billion in client assets with a growing list of over 150 financial advisors; serving more than 10,000 clients globally. Insigneo is an international leader for independent financial services. www.insigneo.com
Skience delivers innovative digital strategies and solutions that transform businesses. Skience offers consulting services and an award-winning integrated platform that provides wealth management firms and RIAs an efficient way to unify their technology, increase back-office and advisor productivity, and set the stage for a great client experience. Skience received a 2020 American Business Awards® Silver Stevie® award for fintech solutions and is a 2019 Northern Virginia Technology Council Tech100 honoree. Visit Skience.com to learn more.
July 14, 2020