No Cloudwashing

FundGuard Now Available on AWS Private Marketplace

New York, NY – June 24 – FundGuard, the first fully cloud-native, AI-powered multi-asset and multi-book investment accounting platform, today announced its availability on the Amazon Web Services (AWS) Private Marketplace. This strategic move enhances accessibility, streamlines procurement processes, offers financial incentives to joint FundGuard and AWS clients, and provides a robust, scalable solution for asset managers, fund administrators and other service providers.

 

Since its inception in 2018, FundGuard has been running on AWS, enabling FundGuard to play a central role in facilitating the broader asset management industry’s journey to the cloud. By harnessing AI and the power of the cloud on AWS, FundGuard’s technology allows its clients to be more cost effective and security compliant, while also providing a launch pad for the development and roll out of new products and services of their own. 

 

Commenting on the recent availability of FundGuard via the AWS Private Marketplace, Lior Yogev, FundGuard CEO and Co-Founder, said, “The asset management industry has struggled with a genuine and complete move to the cloud and the transformation of legacy systems which are not fit for purpose. By leveraging AWS services including Amazon S3, Amazon EBS and other AWS services, we are delivering the best of the cloud to our clients, including the ability to store, retain and track data to allow them to adapt to changing market conditions, quickly respond to the development of new asset classes and manage the volume and complexity of their transactions. And now with our availability via the AWS Private Marketplace, our clients’ paths to transformation can be even more efficient.”

 

FundGuard uses AWS services to provide unparalleled scalability and performance within an entirely new ecosystem in which data, and the processes and decisions that flow from that, move seamlessly around an organization by removing barriers. 

 

FundGuard’s solution includes: 

 

  • Flexible, hierarchical accounting
  • Integrated workflows
  • Real-time, unlimited scalability
  • Automated test center for continuous delivery
  • Exception rules library
  • Embedded collaboration tools for staff, customers or third parties 
  • Real-time transparency 
  • Rapid onboarding and implementation with constant enhancements as a result of machine learning

 

The above capabilities are made possible in large part by:

 

  • Cloud-native, big data technologies that can support ultra-low latency in peak times and can support any amount of data due to high scalability. 
  • SaaS that is available across the globe, supporting local fast access and in-country data residency.
  • Security services that enable us to secure our clients’ data, including authentication and authorization, the prevention of malware access, Distributed Denial of Service (DDoS) prevention, and data encryption at rest and on transport. 
  • Amazon Simple Storage Service (Amazon S3), Amazon Elastic Block Store (Amazon EBS) and other AWS storage products and services that keep record of terabytes of financial historical data, providing access to historical data within seconds.

 

About FundGuard

 

FundGuard is a next-generation SaaS platform for investment management and administration that is powered by AI. FundGuard helps asset managers and fund administrators to manage mutual funds, ETFs, hedge funds, insurance products, and pension funds, supporting digital transformation, operations automation, AI-based insights, resiliency, and migration to the cloud. FundGuard is backed by strategic partners including Citi and State Street Corp, venture firms Blumberg Capital, LionBird Ventures, and Team8 Capital among others, as well as industry executives Heidi Miller, Jack Klinck, Jay Mandelbaum and others.  

 

Please visit www.fundguard.com to learn more. For further updates, follow FundGuard on LinkedIn.

 

Press Contact

Erika Alter, +1 718 514 5783, erika.alter@fundguard.com