FINALYTIX CROWNED BEST CLIENT ACCOUNTING AT THE WEALTHBRIEFING GCC REGION AWARDS 2018

NEWS RELEASE                                                                                                  7 November 2018

 

FINALYTIX CROWNED BEST CLIENT ACCOUNTING AT THE WEALTHBRIEFING GCC REGION AWARDS 2018

 

Finalytix, Inc, one of the foremost consolidated wealth client reporting and decision support systems was last night crowned Best Client Accounting solution at the WealthBriefing GCC Region Awards 2018, which was held at the prestigious Palace Downtown.  One of X firms to be shortlisted in this category, the triumph is yet another milestone in the company’s drive to be recognised as one of the pre-eminent players in this space.

 

Showcasing ‘best of breed’ providers in the global private banking, wealth management and trusted advisor communities, the awards were designed to recognise companies, teams and individuals which the prestigious panel of judges deemed to have ‘demonstrated innovation and excellence during 2018’.

 

Clear and concise accounting reporting’ is how one judge described this firm’s offering. It was also commended for its easy-to-follow story dashboard and for improving the efficiency with which they manage their relationship with financial institutions.

 

Commenting on the firm’s triumph, Sriniwas Nandiraju, Co-Founder & Director, Finalytix said: “We are delighted to have been voted the winner of this prestigious award by so many of the industry’s great and good.  It is a great honour to be recognised in these inaugural awards, and testament to the hard work that the team have put in over the last 12 months.  Everyone has really pulled together to ensure we continue to deliver the highest level of service to our clients, and move us that bit closer to our goal of being recognised as the best investment decision support system in the consolidated wealth reporting space.”

 

ClearView Financial Media’s CEO, and Publisher of WealthBriefing, Stephen Harris, was first to extend his congratulations to all the winners.  He said: “The firms who triumphed in these awards are all worthy winners, and I would like to extend my heartiest congratulations.  These awards were judged solely on the basis of entrants’ submissions and their response to a number of specific questions, which had to be answered focusing on the client experience, not quantitative performance metrics.  That is a unique, and I believe, compelling feature.  These awards recognise the very best operators in the private client industry, with ‘independence’, ‘integrity’ and ‘genuine insight’ the watchwords of the judging process – such that the awards truly reflect excellence in wealth management.  I am optimistic that these annual awards will become one of the brightest highlights in the wealth management calendar.”

– ENDS –

FINALYTIX CROWNED BEST CLIENT ACCOUNTING AT WEALTHBRIEFING GCC REGION AWARDS 2018…/2

 

NOTES TO EDITORS

 

For media enquiries, journalists should contact:

Omar Rana

finalytix.com

Phone (415) 910-1002

Email: omar@finalytix.com

 

  1. About FINALYTIX, INC. (finalytix)

 

Finalytix is disrupting the wealth management industry by providing data analytics to grow its clients’ global wealth, mitigate risks, realize savings, optimize holdings and identify superior products and new investment opportunities. Finalytix solution offers transparency to clients at an unprecedented level and mitigates the inherent information asymmetries that exist in the traditional banking–client relationship.

 

  1. About ClearView Financial Media Ltd (“ClearView”)

 

ClearView Financial Media was founded by CEO, Stephen Harris in 2004, to provide high quality ‘need to know’ information for the discerning private client community.  London-based, but with a truly global focus, ClearView publishes the WealthBriefing group of newswires, along with research reports and newsletters, while also running a pan-global thought-leadership events programme.

 

With teams based in London, Singapore, Switzerland, US, South Africa and the Philippines, the company is one of the fastest-growing media groups serving the financial services sector.

 

 

Finalytix on the FinTech panel at the 2018 IIF MENA Financial Summit

THE ROLE OF FINTECH AND INNOVATION IN MENA

The session looked at the current initiatives in the region to promote technology and innovation in the financial industry. What can MENA banks do to better take advantage of the technologies, to inform investment decisions, expand access to financial services, revolutionize customer analytics and engagement, reinvent the regulatory and compliance functions, and better detect fraud? What can policymakers and regulators do to encourage the growth of Fintech in the region?
Babak Ahmadzadeh, Director of Partnerships, Plug and Play Tech Center
Ronit Ghose, Global Sector Head for Banks, Citi (moderator)
Sriniwas Nandiraju, Co-Founder & Director, Finalytix Inc.
Mirna Sleiman, Founder and Chief Executive Officer, Fintech Galaxy
See the Institute of International Finance site at www.iif.com/node/11572/agenda.

Finalytix a finalist in 6 categories in the WealthBriefing GCC Region Awards

Showcasing ‘best of breed’ providers in the global private banking, wealth management and trusted adviser communities, the awards were designed to recognize companies, teams and individuals which the prestigious panel of judges deemed to have ‘demonstrated innovation and excellence during 2018’.

Finalytix has been nominated for the Wealth Briefing GCC Region Awards 2018 in six different categories:

  • INNOVATIVE FINTECH SOLUTION
  • INNOVATIVE CLIENT SOLUTION
  • PORTFOLIO MANAGEMENT
  • CLIENT REPORTING
  • CLIENT COMMUNICATIONS
  • CLIENT ACCOUNTING

Commenting on the firm’s shortlisting, Mr Sriniwas Nandiraju, Co-Founder & Director, Finalytix said: “We are delighted to have been shortlisted for these prestigious awards.  It is a great honor to be recognized in the shortlist and this is testament to the hard work that the team have put in over the last 12 months.

ClearView Financial Media’s Chief Executive, and Publisher of WealthBriefing, Stephen Harris, was first to extend his congratulations to the shortlisted firms.  He said: “The firms who have been shortlisted in these awards are all worthy competitors, and I would like to extend my heartiest congratulations.  These awards are judged on the basis of entrants’ responses to a number of specific questions, which had to be answered focusing on the client experience, not quantitative performance metrics.  That is a unique, and I believe, compelling feature.  These awards will recognise the very best operators in the private client industry, with ‘independence’, ‘integrity’ and ‘genuine insight’ the watchwords of the judging process – such that the awards truly reflect excellence in wealth management.

Winners will be announced at a gala awards dinner which will be held at Palace Downtown on 7 November 2018 from 7.00 pm.

For more information visit WealthBriefing GCC Region Awards 2018.

Finalytix participated in the panel discussion on role of AI in Compliance

 

Finalytix co-founder and director Sriniwas Nandiraju participated in a panel discussion at Thomson Reuters 10th Annual Compliance and Anti-Money Laundering Seminar in Riyadh, Saudi Arabia. He highlighted the role of Artificial Intelligence (AI) in bringing transparency to the Financial Services Industry and effective risk management. Along with panelists he also discussed readiness of organisations in the GCC region to adapt, implement and invest in AI/ML solutions.

Finalytix article on Information Asymmetry in the Wealth Management Midyear Outlook Issue

 

The editors of WealthManagement.com published the 2018 Midyear Review and Outlook magazine distributed to subscribers, containing content from leading companies in the financial industry including finalytix.

Omar Rana, finalytix co-founder and director, wrote about Information Asymmetry in Wealth Management — the Moral Hazard Risk.

OUTLOOK ISSUE CONTENT FOCUS

  • Forward-looking market trends, insightful economic forecasts
  • Educational and thought leadership in nature
  • Targeted to financial advisors with freshest content from across the spectrum

Please read the complete issue here, or download the Information Asymmetry Moral Hazard Risk article here.

Finalytix speaks at the Euromoney GCC Financial Forum in Bahrain

The 7th Euromoney GCC Financial Forum in beautiful Bahrain FinTech Bay brought headline interviews and speeches from international financial leaders and top regional policy-makers, to consider strategic impact of phenomena such as blockchain, AI and big data in the financial context.

Omar Rana (left) Co-Founder & Director of Finalytix speaks about the need for transparency in private banking and how the Finalytix proposition is helping with that.

Finalytix continues to grow its Assets Under Observation now exceeding $500 million by solving the Information Asymmetry Problem faced by Ultra High Net Worth clients.

 

 

Panel discussion at FinTech Security Summit in Abu Dhabi

 

 

In the panel discussion titled “Blockchain, Cloud, and Artificial Intelligence — Modern Innovations are Reshaping the Future of Cybersecurity,” finalytix co-founder & director, Sriniwas Nandiraju (second from left) participated in the panel discussion answering some interesting questions such as:

  • How new technologies such as blockchain and AI are being redefined under the evolving cybersecurity landscape;
  • Why regulators and governments are still having concerns on cybersecurity, data privacy and data residency on cloud,;
  • Views on how Fintech can help in solving cybersecurity issues with their respective offering on blockchain, AI, and Cloud.

At the end of the event, Sriniwas was presented with a token of appreciation by the moderator Anshul Srivastav, CIO and Digital Officer of Union Insurance on behalf of the EC-Council.

 

 

Finalytix Shortlisted for the Family Wealth Report Awards 2018

 

 

 

NEWS RELEASE                                                                                              

4 December 2017

 

FINALYTIX SHORTLISTED FOR THE FAMLY WEALTH REPORT AWARDS 2018

 

FINALYTIX, INC. one of the USA’s foremost wealth reporting firms has been shortlisted for the Family Wealth Report Awards.

Showcasing ‘best of breed’ providers in the global private banking, wealth management and trusted advisor communities, the awards were designed to recognise companies, teams and individuals which the prestigious panel of judges deemed to have ‘demonstrated innovation and excellence during 2017’.

Commenting on the firm’s shortlisting, Mr Omar Rana, Director & Co-Founder, finalytix said: “We are delighted to have been shortlisted for these prestigious awards.  It is a great honour to be recognised in the shortlist and this is testament to the hard work that the team have put in over the last 12 months.

ClearView Financial Media’s Chief Executive, and Publisher of Family Wealth Report, Stephen Harris, was first to extend his congratulations to the shortlisted firms.  He said: “The firms who have been shortlisted in these awards are all worthy competitors, and I would like to extend my heartiest congratulations.  These awards are judged solely on the basis of entrants’ submissions and their response to a number of specific questions, which had to be answered focusing on the client experience, not quantitative performance metrics.  That is a unique, and I believe, compelling feature.  These awards will recognise the very best operators in the private client industry, with ‘independence’, ‘integrity’ and ‘genuine insight’ the watchwords of the judging process – such that the awards truly reflect excellence in wealth management.  Our aim is to make these annual Awards one of the brightest, and keenly contested highlights in the wealth management calendar.”

Winners will be announced at a gala awards dinner which will be held in New York on March 8, 2018 at the Mandarin Oriental.

– ENDS –

 

For media enquiries, journalists should contact:

Omar Rana

finalytix.com

Phone (415) 910-1002

Email: omar@finalytix.com

 

NOTES TO EDITORS

  1. About FINALYTIX, INC. (finalytix)

Finalytix is disrupting the wealth management industry by providing data analytics to grow its clients’ global wealth, mitigate risks, realize savings, optimize holdings and identify superior products and new investment opportunities. Finalytix solution offers transparency to clients at an unprecedented level and mitigates the inherent information asymmetries that exist in the traditional banking–client relationship.

 

  1. About ClearView Financial Media Ltd (“ClearView”)

ClearView Financial Media was founded by Chief Executive, Stephen Harris in 2004, to provide high quality ‘need to know’ information for the discerning private client community.  London-based, but with a truly global focus, ClearView publishes the Family Wealth Report group of newswires, along with research reports and newsletters, while also running a pan-global thought-leadership events programme.

With teams based in New York, London, Singapore, Switzerland, South Africa and Malaysia, the company is one of the fastest-growing media groups serving the financial services sector.

The Evolution of the Advisor-Client Relationship discussed with finalytix co-founder Omar Rana

The inaugural FinTech Abu Dhabi event held on 22 and 23 October 2017, is a strategic platform for financial institutions, FinTech start-ups and participants, investors, regulatory agencies and the business community, and was the first FinTech Summit in the region that exclusively designed and organised by an international financial centre – Abu Dhabi Global Market (ADGM).

Finalytix participated in the lively panel on the “Evolution of the Advisor-Client Relationship” which discussed how FinTech solutions will enable wealth managers to improve customer experience and to strengthen client relationships.

The panelists from the right were:

Nick Hungerford, Founder, Nutmeg
Roberto Mancone, Global Head,  Disruptive Technologies and Solutions, Deutsche Bank AG
Omar Rana, Co-Founder & Director, Finalytix
Gina Heng, CEO, Marvelstone Groupand, and very well moderated by Azzedine Chaibrassou, Advisor, Swiss Financial + Technology Association.

The event also included an Innovation Challenge, Demo Day, and FinTech Awards presentation, Regulatory  Roundtable, Workshops, Welcome Reception, as well as a Summit featuring distinguished regional and international leaders in FinTech.

FINALYTIX ANNOUNCES NEW ADVISORY BOARD WITH THE APPOINTMENT OF DAUD VICARY ABDULLAH

 

Redwood City, California (August 6, 2017) — Finalytix, Inc. a silicon valley financial analytics start-up, announced today it has formed a new advisory board to guide its long-term strategy, and appointed Mr. Daud (David) Vicary Abdullah as the first member of the board to provide strategic guidance to management as the firm enters a new growth phase.

 

Daud has over 44 years’ experience in the Financial Services Sector with such institutions as Lloyds Bank, Chemical Bank and Midland Bank. He has been the CEO of two Islamic Banks based in Malaysia and spent two spells at Deloitte as a Partner, the second as Global Leader for Islamic Finance, along the way he has been involved in a Technology start up in the 1980’s, formed his own Consulting and Advisory Company and his final full-time employment was as the President and CEO of INCEIF – The Global University of Islamic Finance.

 

In addition to his new role at Finalytix, Daud serves on the Board of Trustees of the Responsible Finance Institute Foundation, is a Distinguished Fellow of the Islamic Banking and Finance Institute of Malaysia and a member of the UK Governments Advisory Board known as the Global Islamic Finance Investment Group.  He is also FCPA (Australia).

 

“We conducted an exhaustive search for someone who would add breadth of talent and deep financial background to our new advisory board, and we are delighted to have identified such an outstanding individual,” said Omar Rana, Finalytix Co-founder & Director of Strategy & Finance. “I’m confident that Daud is going to make a major impact on Finalytix as it grows its offering and footprint globally.”

 

“I am very happy to participate in this exciting phase of Finalyix growth.  Finalytix is an innovative team leveraging technology to impact WealthTech in ways that benefit end-clients ” said Daud on his new role, “especially as I believe Finalytix has a compelling offering to address the growing expectations of transparency and performance in wealth management.”

 

About Finalytix

Finalytix is disrupting the wealth management industry by providing data analytics to grow its clients’ global wealth, mitigate risks, realize savings, optimize holdings and identify superior products and new investment opportunities. Finalytix solution offers transparency to clients at an unprecedented level and mitigates the inherent information asymmetries that exist in the traditional banking–client relationship.  Finalytix has been a global speaker at conferences related to WealthTech in various countries and has recently been nominated as a finalist in the Global Wealth Management rewards as a “Disruptor” to the traditional Wealth Management business.