AI & Finance™ | News for the Week Ending 6/27/25

Aidentified, Inc., the leading Wealth Networking Intelligence™ platform, today announced significant enhancements to its product offerings and subscription pricing alongside the strategic hire of Dan Cavanaugh as Head of Wealth Management. These updates mark a major milestone in the company’s evolution as it continues to scale in support of financial professionals and institutions nationwide. 

Since its launch in 2019, Aidentified has steadily expanded its market footprint, enhanced its technology platform, and grown its customer base across the financial services sector. To date, the company has raised over $30 million in funding, including a strategic investment from FactSet in 2023. Amid rapid growth and evolving market dynamics, Aidentified remains focused on its core mission: helping financial professionals identify and build sustainable, high-value client relationships. 

Aidentified’s redesigned platform goes beyond aesthetics to deliver a more intuitive, insight-driven experience. Strategic updates to the UI and workflow enable financial professionals to move more efficiently from discovery to engagement, ultimately driving stronger relationships and better outcomes for their clients. 

Altaira Strategic Partners, LLC, a provider of institutional-grade back and middle office solutions for investment funds, today announced a strategic partnership with DeepSee.ai, a specialist in agentic AI for financial services. The collaboration marks a significant step toward building the next-generation operating model for private funds—one that uses intelligent automation to drive efficiency, scale, and performance at a time of heightened competition for capital. 

This strategic alignment brings together two firms with a shared vision: to modernize the infrastructure that underpins the alternative investment ecosystem. DeepSee’s team, made up of former leaders from Goldman Sachs, JPMorgan, and other top-tier institutions, has spent years developing agentic AI solutions tailored to the nuances of financial markets. 

The partnership will embed DeepSee’s AI agents into Altaira’s core platform, enabling advanced portfolio intelligence and automation of complex workflows. Unlike traditional outsourcing models that remain people-intensive, Altaira is focused on building a technology-enabled co-sourcing platform coupled with experienced managed service personnel that empowers asset managers to grow without scaling their internal headcount. 

Altruist, the modern custodian built exclusively for RIAs, today announced a significant rebrand and overhaul of its advisor platform and client portal. Now supporting over 4,900 advisors, Altruist is the fastest-growing RIA custodian according to the 2025 T3 Software Study. The platform has tripled assets under management for two consecutive years and is increasingly attracting larger, more sophisticated high-growth firms, with average firm size up 43% year-over-year. 

Key updates include a new logo, color palette, fonts, photography, illustration, and motion guidelines. According to Wenk, the only elements that were off-limits were the name and mission statement. 

The rebrand comes on the heels of two major teasers from the company: a new subscription bundling premium features across the platform known as Altruist One, and the debut of Altruist’s flagship AI product, Hazel. To learn more about how Altruist can help advisors build better businesses and stronger client relationships, visit the rebranded altruist.com and contact the Altruist team for a personalized demo. 

Aon plc (NYSE: AON), a leading global professional services firm, today announced the launch of Aon Broker Copilot, a proprietary, patent-pending platform that uses artificial intelligence, large-language models and predictive analytics to transform the commercial insurance placement process. 

Developed in-house and co-designed with the firm’s frontline brokers, Aon Broker Copilot is designed to streamline complex workflows, elevate placement strategy and deliver better outcomes for clients navigating an increasingly volatile risk environment. 

By capturing and standardizing data from every submission—whether quoted, bound, or declined—Aon Broker Copilot provides an unprecedented view into how the global insurance market is pricing risk. This comprehensive dataset allows Aon to move beyond anecdotal insights, enabling brokers to deliver sharper, real-time advice to clients based on actual market behaviour, not just completed deals. It fills a critical intelligence gap, helping clients make better decisions in a dynamic and competitive environment. 

Conquest Planning Inc., (“Conquest”), a technology platform modernizing financial planning with customized and convenient advice, today announced it has raised $80 million USD ($110 million CAD) in Series B funding led by Growth Equity at Goldman Sachs Alternatives. The round attracted additional new investors, including Canapi Ventures, a venture capital firm investing in early to growth-stage software and fintech companies, as well as BDC Capital, Citi Ventures, TIAA Ventures and USAA. Existing investors BNY and Portage also participated in the round, which brings Conquest’s total funding to over $100 million USD. 

Conquest was established in 2018 with the foundational belief that financial planning should be accessible, yet bespoke, for retail investors and ultra-high-net-worth families alike. Its artificial intelligence (AI)-powered software enables financial advisors, banks, brokerages, wirehouses, insurance firms and pension providers to offer personalized advice at scale. 

Conquest will leverage this fresh capital to accelerate its U.S. expansion, while also funding the continued evolution of its AI-based Strategic Advice Manager (SAM). SAM’s revolutionary AI planning engine performs thousands of complex calculations around every piece of information in an individual’s financial plan, which allows advisors and their clients to quickly and accurately understand the impact of different scenarios on clients’ goals and recommend the next best financial decision. Conquest will continue to invest in its technology to support more robust plan analysis, enable more efficient onboarding and plan creation and create tools and modules that lead to dynamic content creation. 

Chantico Technology, a leader in machine learning scenario modeling, and Copia Wealth Studios, an AI-powered wealth management platform, today announced a partnership to integrate Chantico’s scenario modeling with Copia’s wealth data platform. The combined offering addresses a specific challenge: stress-testing portfolios that mix traditional securities with private equity, real estate, and other alternative investments. 

This collaboration integrates Chantico’s advanced scenario modeling capabilities with Copia’s comprehensive wealth intelligence platform, delivering a unified solution that enhances decision-making across diverse asset classes. 

The partnership targets a growing pain point in wealth management: as investors shift toward alternative assets for returns, their ability to assess portfolio-wide risk deteriorates. Standard modeling tools often ignore illiquid holdings or treat them too simplistically. Financial terms of the partnership were not disclosed. The integrated solution will be available to existing Copia clients in Q3 2025, with broader availability planned for Q4. 

Exnet.ai, the AI-driven wealth-management platform owned by Red Matter Capital, today announced the launch of its RIA Early-Adopter Program. This initiative invites a select cohort of independent Registered Investment Advisors to deploy hyper-personalized investment strategies via an integrated AI robo-advisory engine and machine-learning predictive-alerts framework—complete with end-to-end client analytics, interactive performance reporting, real-time risk monitoring, and intelligent compliance automation. 

Designed to provide actionable insights and streamline advisor workflows, the program leverages live market data and advanced algorithms to empower fiduciaries with unparalleled decision-making support. 

Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced that Experian, a global data and technology company, is embarking on the next phase of its cloud migration and has selected AWS as its preferred cloud. By leveraging AWS’s advanced cloud capabilities, Experian can provide faster, more scalable solutions that empower clients with deeper insights and more secure data services. 

Experian’s cloud first strategy, in partnership with AWS, accelerates innovation by enhancing performance, scalability, and reliability, while enabling the company to better serve its clients with innovative products and solutions. By migrating off mainframe computers and moving multiple on-premises servers to the cloud, Experian is able to centralize its technology platforms in the cloud and use its data to drive deeper insights and predictive capabilities. Leveraging AWS’s robust infrastructure, Experian can quickly adapt to evolving client needs, ensuring secure and efficient data handling. 

As part of this new 10-year strategic agreement, Experian has selected AWS as their strategic partner for generative artificial intelligence (AI), developing more than 100 generative AI use-cases. This collaboration will drive operational efficiency, democratize data technologies for employees, and develop new credit and financial analytics offerings. With the integration of generative AI, Experian is streamlining the complex process of database migrations, automating and optimizing the transfer of vast datasets, reducing downtime, improving data accuracy, and further solidifying its position as a leader in the global data and technology industry. 

Finvi, a leading provider of enterprise workflow automation software built to accelerate revenue recovery and simplify the debtor payment process, announced that a recent release of its SaaS-based Velosidy® collections and payments platform has provided agencies with enhanced capabilities that address the intricacies associated with the legal elements of debt collections. 

Velosidy’s legal capabilities automate court filings, track statutes of limitations, and enhance compliance — all while reducing the manual work previously required to navigate this aspect of debt collection. In doing so, the platform also acts to mitigate risk in this heavily regulated arena. Further, Velosidy’s legal capabilities enable agencies to lower legal processing costs and reach a faster time to judgment. 

Velosidy was released to the ARM market as Finvi’s next-generation collections platform in late 2024, designed to help agencies move beyond the limitations their legacy collections software placed on their business. The platform continues to gain momentum as clients join the ranks of Velosidy adopters and experience a decrease in their total cost of ownership, growth in their business, and a full modernization of their technology stack while reducing their cost to collect. 

Indigo, the AI-driven medical professional liability platform, today announced the launch of its cutting-edge Broker Portal, setting a new standard for how medical malpractice insurance brokers manage and grow their books of business. 

Built with modern design principles and real-time functionality, the portal empowers Indigo’s distribution partners to seamlessly serve clients and access policy-level data with unprecedented ease. The portal design process was also shaped by direct feedback from broker partners, underscoring Indigo’s commitment to driving better user experiences. 

The new portal marks the latest milestone in Indigo’s mission to modernize the medical malpractice insurance segment through technology and AI. While traditional carriers still rely on outdated, 1990s-era systems, Indigo’s portal delivers a sleek, intuitive experience designed for today’s fast-paced insurance environment. The portal also complements Indigo’s suite of digital underwriting capabilities and proprietary pricing models, which are purpose-built to align with the unique risks physicians face today. 

Instnt announces a strategic partnership with Munich Re to expand reinsurance capacity for its innovative Fraud Loss Insurance product. Instnt’s first-of-its-kind solution combines AI-led verification and insurance-backed protection to provide a path to recovery, growth, and lasting resilience against fraud. 

Fraud has long imposed a heavy burden on businesses, costing an estimated $485.6 billion globally in 2023 (Nasdaq, 2024). Instnt is changing that narrative with a first-of-its-kind solution that merges AI-driven identity verification and fraud detection with insurance-backed protection, helping businesses transfer fraud risk and recover quickly when losses occur. 

Instnt’s partnership with Munich Re, a global reinsurer and leader in insuring emerging technologies, underscores the credibility, strength, and innovation behind Instnt’s groundbreaking offering. The collaboration deepens Instnt’s relationship with leading insurance companies, which also includes Accredited and Howden, among others. 

Jump, a leading provider of artificial intelligence (AI) solutions for financial advisors and other financial services providers, today announced a new partnership with RightCapital, the fastest-growing financial planning software for financial advisors. This partnership enables advisors to seamlessly sync meeting insights from Jump into RightCapital’s platform—eliminating the need for manual data entry and helping to ensure financial plans remain accurate and up-to-date. 

With this integration, Jump proposes updates to key household data—including incomes, expenses, goals and family records—after every client meeting. Advisors can review and approve the suggestions, then push them to RightCapital with a single click. This saves time, reduces the risk of errors and helps to keep client plans accurate and actionable—allowing advisors to stay focused during meetings while scaling their planning process more efficiently. 

The integration is now live and available to all users of both Jump and RightCapital at no additional cost. Advisors can activate the integration directly within Jump. 

Tailwind Ventures is pleased to announce that their Calgary-based client Modular Solutions (“Modular” or the “Company”) has successfully closed a financing round from a strategic industry partner and a syndicate of private investors, facilitated by Tailwind Ventures. Modular Solutions, a leading provider of configurable insurance software, will use the funding to optimize and streamline client onboarding and implementation, advance platform enhancements, and invest in artificial intelligence to deliver even greater value to customers across the insurance industry. 

Modular Solutions provides next-gen insurance SaaS technology that enables providers to break free from archaic, siloed legacy software, enabling improved operational efficiency, financial performance, and customer experience. Modular’s platform is purpose-built to empower insurers and brokers with technology that is responsive to a competitive industry, transforming workflows and automating critical and time-consuming operations. 

Modular’s capital raise represented the fifth largest seed stage financing for Insurtech companies in North America, while also achieving the second highest pre-money valuation.1 It is a credit to Braden Bosch and the Modular Solutions team for their dedication to being diligently prepared and to creating impact and value for their investors. 

Motivus is proud to announce a strategic partnership with Aquila Clouds, a leading cloud and AI financial management platform provider, to deliver comprehensive FinOps assessments that enable enterprises to optimize cloud costs while maintaining performance excellence. 

This partnership combines Motivus’s deep expertise in AI, data, cloud, and enterprise software solutions with Aquila Clouds’ advanced FinOps platform, which provides real-time observability, AI-enabled automation, and policy-driven governance for cloud financial management. 

The collaboration will enable joint clients to establish robust FinOps practices that bring financial accountability to various cloud spending models. Through Aquila Clouds’ platform capabilities—including cost optimization recommendations, ML-based forecasting, and automated budget controls—organizations can achieve savings ranging from 25 to 75% of total cloud spend. 

CI&T, an AI and tech acceleration partner, has today announced Nemo, Art of the Possible — a groundbreaking prototype of a financial app created in collaboration with Project Nemo, the not-for-profit grassroots initiative driving to improve disability inclusion in the fintech and financial services industries. Nemo was designed to support any adult with a learning disability in managing their finances more independently and safely. 

The prototype is a direct response to the Project Nemo report, Safe Spending for Adults with a Learning Disability, published earlier in June, developed by Firefish, sponsored by Nationwide and commissioned by Project Nemo, with support from Mencap and Dosh. 

The report exposed a stark reality: 38% of people with learning disabilities need ongoing help with everyday spending, and 32% do not have a bank account in their own name. It also highlighted how complex banking processes, inaccessible tools, and a lack of personalised support leave many financially excluded and at risk. 

Nuveen, a global asset manager with $1.3 trillion in AUM1, is acquiring Brooklyn Investment Group (Brooklyn), a leading multi-asset custom direct indexing provider and its parent technology company, Brooklyn Artificial Intelligence, Inc. 

The move underscores Nuveen’s conviction in the continued growth of direct indexing and multi-asset tax-managed solutions, which have been one of the fastest growing areas of the asset management industry, having risen to $864 billion in assets at the end of 2024, representing a 43% compound annual growth rate since the start of this decade2. 

Nuveen and Brooklyn entered into a strategic partnership in 2023 and together launched traditional direct indexing, tax-advantaged long-short portfolios, and multi-asset solutions that combine tax-advantaged equity and fixed income capabilities to create unified client solutions. Further underscoring our conviction in the opportunity, Nuveen invested in Brooklyn in partnership with TIAA Ventures, taking on a minority stake in 2023. 

Options Technology, the leading provider of capital markets infrastructure and hybrid cloud services, today announced the expansion of its Cambridge office in response to continued client growth and surging global demand for the firm’s market data solutions. 

The newly expanded premises, located in the heart of CB1 business district, provides a start of the art working environment for the firm’s growing team of engineers, product managers, and data specialists. The new location will serve as a core hub for the development and delivery of AtlasFeed and AtlasEnterprise, Options’ flagship real-time and historical market data platforms. The site plays a critical role in the company’s global operations, housing a growing team of product, engineering, and data specialists focused on delivering high-performance, resilient market data services to clients worldwide. 

The expansion comes amid a period of sustained global growth for Options, as clients increasingly look to consolidate and streamline their market data access across multiple venues, formats, and geographies. Options’ managed market data solutions are now deployed in every major financial centre, delivering low-latency connectivity, normalisation, entitlements management, and cloud-native integration at scale. 

Quinn, an AI-driven financial planning and advice platform, today announced it has emerged from stealth and raised $11 million in Seed funding led by Viola Fintech with participation of existing investors, to transform how financial institutions deliver personalized wealth advice at scale. 

Traditional financial advisory models are constrained by a 1:100 advisor-to-client ratio, leaving millions underserved. Quinn breaks that barrier by leveraging advanced AI to substantially grow the market that has access to financial planning and advice. The platform seamlessly embeds within financial platforms, offering real-time and bespoke advice to every client, democratizing access to financial guidance. 

Quinn’s mission is rooted in the belief that embedded financial planning is the future. Already trusted by leading financial institutions, Quinn’s platform is available as an embedded, co-branded or fully white-labeled experience, allowing for seamless API integration with existing systems, enabling rapid deployment and immediate client impact. 

Scienaptic AI, a global leader in AI-powered credit underwriting, today announced that Financial Center First Credit Union (Financial Center), based in Indianapolis, IN, has chosen its platform to enhance credit access for its member community. By adopting Scienaptic’s AI-powered, regulatory-compliant technology, Financial Center aims to make faster, smarter lending decisions, streamline credit processes, and extend lending to underserved members. 

Founded more than 70 years ago to serve military personnel and civilians at Fort Benjamin Harrison Base, Financial Center has grown from 227 loans and $29,000 in deposits to managing $940 million in assets today. The credit union now serves over 60,000 members across greater Indianapolis, Kokomo, Muncie, and beyond, offering inclusive banking services and free financial wellness resources to a broad and diverse community. 

WNSTN, a global pioneer in AI-driven financial technology solutions, has announced a strategic partnership with Benzinga, a leading provider of financial data, news, and market intelligence, to elevate its platform with secure, compliant, and controlled AI investment assistance capabilities. This collaboration underscores Benzinga’s commitment to delivering cutting-edge financial technology that empowers investors and institutions with actionable insights and data-driven decision-making. 

Benzinga AI, powered by WNSTN, introduces cutting-edge AI-driven market insights, intelligent news summarization, and natural language chat capabilities. Designed for traders, investors, and financial professionals, this integration ensures users can rapidly access, interpret, and act on market-moving information while maintaining compliance with financial industry standards. 

Within Benzinga Pro, Benzinga’s premium research and trading tool, Benzinga AI delivers AI-powered analytics across stocks, cryptocurrencies, and broader capital markets. WNSTN’s unique AI agents enable seamless semantic data analysis while preserving transparency and trust—critical requirements for financial institutions leveraging AI in decision-making.