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BridgeFT, a cloud-native, API-first wealth infrastructure software company that enables financial institutions, fintech innovators, and registered investment advisors (RIAs) to deliver better, data-driven outcomes for their clients, today announced that it has been selected as winner of the Data Warehouse Solution Provider of the Year award in the 5th annual Data Breakthrough Awards program conducted by Data Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global data technology market today.

BridgeFTs WealthTech API is the industrys first WealthTech-as-a-Service platform, offering an open API to AI and trade-ready multi-custodial data, advanced analytics, and application services. The WealthTech API eliminates the need for individual data feeds from a range of custodians and back-office providers, enabling wealth management firms and wealthtech application providers to create differentiated, next-generation wealth management applications.

Large amounts of client and investment account datawhether from custodians, alternatives or held-away assetsis powering the wealth management industry, which is why we created the WealthTech API: to make it simpler for businesses to access these insights to further enable differentiation and accelerate growth, said Joe Stensland, Chief Executive Officer of BridgeFT. We are honored to receive this award from Data Breakthrough. As we continue to build out our services, this award serves as an important validation of our modern, API-first WealthTech-as-a-Service platform.

The annual Data Breakthrough Awards is the premier awards program founded to recognize the data technology innovators, leaders and visionaries from around the world in a range of categories, including DataOps, Data Analytics, AI, Business Intelligence, Data Privacy, Data Storage and many more. The 5th annual Data Breakthrough Award program attracted thousands of nominations from across the globe.

By offering access to complex and hard-to-get data through a modern technology infrastructure, BridgeFT allows superior data breadth and depth with value-add processing for high data quality. Providers rely on outdated legacy solutions for financial data aggregation. These processes are often riddled with inaccuracies and lengthy deployment without the relevant applications to deploy the financial data once received, said Steve Johansson, Managing Director, Data Breakthrough. Congratulations to BridgeFT; their WealthTech API and unique approach to data technology goes beyond data aggregation by integrating robust functionalities into its platform to make best use of the data.

About BridgeFT

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. Our WealthTech-as-a-Service platform, WealthTech API, makes wealth management technology better by accelerating, simplifying and reducing the cost of app development and maintenance, so our clients can focus on delivering next generation wealth management applications and unique digital experiences that amplify their differentiators. Leading financial services firms and technology companies trust BridgeFT to power their digital wealth management ecosystems and automate critical back-office operations–seamlessly aligning multi-custodial data aggregation, advanced analytics and reporting, and application services to deliver truly personalized client experiences. For more information, visit bridgeft.com.

About Data Breakthrough

Part of the Tech Breakthrough organization, a leading global provider of market intelligence and recognition platforms for technology innovation and leadership, the Data Breakthrough Awards program is devoted to honoring innovation and market disruption in data technologies, services, companies and products. The global Data Breakthrough Awards program provides a forum for public recognition around the achievements of data companies and solutions in categories including data analytics, management, infrastructure and hardware, storage, Business Intelligence and more. For more information visit DataBreakthroughAwards.com.

Tech Breakthrough LLC does not endorse any vendor, product or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose.

Contact Details

Media

media@bridgeft.com

Company Website

https://www.bridgeft.com/

View source version on newsdirect.com: https://newsdirect.com/news/bridgeft-recognized-for-financial-data-innovation-in-5th-annual-data-breakthrough-awards-program-784587811

BridgeFT

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