PALO ALTO, CA and NEW YORK, NY / ACCESSWIRE / April 15, 2024 / DwellFi, a trailblazer in AI, blockchain, and tokenization solutions for the asset management sector, is thrilled to announce its nominations for 'Best Generative A.I. Solution' and 'Best Disruptive Solution' at the 2024 FTF Technology Innovation Awards. These nominations are a testament to DwellFi's commitment to revolutionizing asset management and fund administration through innovative technology.
A Mark of Excellence in Fintech Innovation: FTF, a leading authority in financial technology news, recognizes DwellFi's contributions to the industry with these nominations.
The 'Best Generative A.I. Solution' nomination applauds DwellFi's AI-driven tools that automate and scale investor onboarding and fund operations.
The 'Best Disruptive Solution' nomination acknowledges the transformative impact of DwellFi's dynamic asset tokenization, which significantly improves asset liquidity, transparency, and the efficiency of fund administration processes.
Deepak Sheoran, CTO of DwellFi, remarked, "Being acknowledged by FTF News validates our mission to innovate and address the complex challenges of the asset management industry. Our technology not only enhances operational efficiency and compliance but also sets new benchmarks for security and transparency in the industry."
Empowering the Industry's Future with Specific Use Cases:
DwellFi's solutions are at the forefront of tackling key industry challenges, offering scalable and secure technologies in a SOC compliant environment. Here are some specific use cases illustrating the impact of DwellFi's AI and tokenization technologies:
FOR FUND ADMINISTRATORS:
- Scaling the Cumbersome Investor Onboarding Workload: Leveraging AI and blockchain to take volumes of unstructured data (e.g., PDFs, faxes, manual documents) and convert these into a digital investor workflow at scale.
- Streamlining of Internal Fund Administration Processes: Utilizing AI to automate cash reconciliation, capital calls, distributions, waterfall calculations, and payments.
- Creating a Custom and Secure Knowledge Base: AI-driven tools provide actionable insights from fragmented data sources to make real-time business decisions.
- Seamless Vendor Conversion Process: Streamline and reconcile fund conversion activity and data from one fund admin to another, reducing the timeframe from months to days.
FOR PRIVATE FUNDS:
- On-chain Liquidity/Lending: Previously opaque, costly, and manual underwriting processes are now executed at the click of a button, allowing investors to sell or borrow against their LP interest.
- Dynamic Fund Tokenization Approach: Ability to tokenize fund assets, as well as the underlying NAV/transaction, and GP/LP data allow for automation and scalability of fund operations and ease of investor onboarding.
- AI Agents for GPs/LPs: Empower investor relations via an AI Agent that delivers real-time access to fund insights and LP capital activity.
Kumar Ujjwal, CEO of DwellFi, added, "These nominations underscore our role as pioneers in leveraging AI, blockchain, and tokenization to empower our trailblazing clients. We're dedicated to providing groundbreaking solutions that not only meet but exceed the evolving demands of the asset management industry."
About DwellFi:
DwellFi is redefining asset management with state-of-the-art AI, blockchain, and tokenization technologies. Our SOC-2, Type 1 SaaS platform caters to a diverse client base, including PE/RE/VC Funds, Hedge Funds, Fund Administrators, and LPs, adapting to the dynamic needs of the market. Led by visionary CEO Kumar Ujjwal, with two technology patents to his name, and CTO Deepak Sheoran, DwellFi is setting new standards for operational efficiency, security, compliance, and investor engagement in the asset management industry. Visit https://dwell.fi/ to learn more.
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This press release is for informational purposes only and does not constitute an offer or solicitation of an offer to buy or sell any securities.
SOURCE: DwellFi