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Recognized Excellence: DwellFi's Industry-Validated Gen AI Solution Wins Prestigious Award

Tuesday, 04 June 2024 08:00 AM

Topic:
Awards

PALO ALTO, CA and NEW YORK, NY / ACCESSWIRE / June 4, 2024 / DwellFi, a leading provider of applied AI, blockchain, and tokenization solutions tailored for Fund Administrators and Private Funds, proudly announces its recent win at the esteemed FTF Technology Innovation Awards 2024. DwellFi's Gen AI solution, validated by industry experts, secured the coveted title of 'Best Gen AI Solution,' recognizing the company's groundbreaking advancements in AI technology tailored specifically for Fund Administrators and Private Funds. Additionally, DwellFi was nominated for the 'Best Disruptive Solution' category, further highlighting the company's commitment to innovation and transformative change.

The FTF Technology Innovation Awards are a premier platform that celebrates excellence and innovation in the financial technology sector. DwellFi's win in the 'Best Gen AI Solution' category underscores its commitment to driving transformative change and fostering innovation within the Asset Management industry.

Deepak Sheoran, CTO of DwellFi, expressed his enthusiasm, stating, "We are honored to receive the 'Best Gen AI' award from FTF. This recognition is a testament to DwellFi's relentless pursuit of technological excellence and our unwavering commitment to empowering Fund Administrators and Private Funds with cutting-edge Gen AI solutions. The tsunami of interest from Fund Administrators and Private Funds in our applied AI solutions, which we call ‘Gen Fi', underscores the pressing need for innovative technologies that streamline operations and drive efficiency."

Kumar Ujjwal, CEO of DwellFi, added, "This accolade is a validation of the use cases built on industry intelligence gleaned from over 100+ conversations, tailored to the specific needs of Fund Administrators and Private Funds. We remain dedicated to pushing the boundaries of applied AI innovation and delivering transformative solutions that propel the Asset Management industry forward."

Empowering the Asset Management Industry's Future with Specific Use Cases:

For Fund Administrators: DwellFi's technology significantly scales the cumbersome investor onboarding workload by leveraging AI and blockchain to transform volumes of unstructured data-such as PDFs, faxes, and manual documents-into a seamless digital investor workflow, ensuring automated, efficient verification and record-keeping at scale.

For Private Funds: DwellFi enables real-time asset valuation through its dynamic fund tokenization approach, which allows for the tokenization of fund assets as well as underlying NAV/transaction and GP/LP data. Additionally, on-chain liquidity and lending transform previously opaque, costly, and manual underwriting processes into seamless, instant actions, enabling investors to sell or borrow against their LP interest at the click of a button.

For media inquiries, please contact:

Judith Peterson
Email: [email protected]

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.

SOURCE: DwellFi

Topic:
Awards
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