The Investment Association selects ipushpull to be part of new UK FinTech accelerator

UK FinTech accelerator

Powering the progression of tech adoption within the investment industry

LONDON, April 21st, 2020ipushpull, a leading enterprise platform that improves efficiency by allowing secure live data sharing and workflow automation, is pleased to announce that they have been chosen by The Investment Association (IA) to be part of its latest FinTech hub ‘Engine‘.

The accelerator programme will connect best-in-class FinTech innovators with investment managers looking to transform the industry. It will act as a catalyst for industry transformation and bring together focused tech solutions.

Matthew Cheung, CEO of ipushpull, said:

We are delighted to be part of the IA’s unique programme driving greater adoption of new technologies across investment management. ipushpull and our data-as-a service solution has been recognised for innovation, quality of solution and our focus on key industry problem areas within the investment industry.”

ipushpull transforms data-driven workflow and improves efficiency across capital markets with real-time data sharing and workflow automation, delivering fast time-to-market and cost savings for data producers and services.

Working closely with the buy-side, the data as a service solution standardises and automates workflow using an innovative approach of bots and widely used chat applications. ipushpull has seen a dramatic increase in adoption of these solutions as buy-side traders are forced to work from home due to COVID-19.

John Macpherson, Deputy Chair of the IA Engine Advisory Panel, comments:

We have certainly witnessed transformational changes over the last couple of months and have seen technology enable firms to operationalise and compete in these unusual and difficult times. We’re thrilled to offer ipushpull access to our industry-recognised programme and excited at such new and innovative technology which the IA can showcase to trading desks of UK based asset managers“.

ipushpull will work with the IA and harness the industry expertise of its partners and networks. Also, as part of the eight-month accelerator program, the participants will receive mentoring from an industry-expert Engine Advisory Panel to help unlock potential for solutions throughout the sector, including Schroders, Aberdeen Standard Investments, Insight, Legal & General, M&G and UBS Asset Management.

Alongside ipushpull, the firms chosen are Exabel, Fundipedia, KiteEdge and Rungway.

 

Media contact for ipushpull

Melanie Budden

The Realization Group

+44 (0)7974 937 970

Melanie.budden@therealizationgroup.com

 

Media contact for The Investment Association

Katie Martin, Head of Communications: Katie.Martin@theia.org

44 (0)20 7831 0898

Press@theia.org

 

About ipushpull: 

ipushpull is transforming data-driven workflows and improving efficiency across capital markets with real-time data sharing and workflow automation. The Data-as-a-Service platform delivers fast time-to-market and big cost savings for data producers and services, providing unified, access-controlled data distribution into client applications (Custom Apps, Excel, Symphony, chat bots, notifications, APIs) and streamlining high-touch processes across the trade lifecycle with the ipushpull no-code custom applications and bot framework.

For more information about ipushpull and our solutions visit www.ipushpull.com.

 

About The Investment Association (IA):

The IA champions UK investment management, supporting British savers, investors and businesses. Our 250 members manage £7.7 trillion of assets and the investment management industry supports 100,000 jobs across the UK. Our mission is to make investment better. Better for clients, so they achieve their financial goals. Better for companies, so they get the capital they need to grow. And better for the economy, so everyone prospers. The UK is the second largest investment management centre in the world, after the US and manages 35% of all assets managed in Europe.

For more information about The Investment Association visit www.theia.org.

 

 

First cohort of firms join rebranded IA FinTech hub – Engine

UK fintech accelerator

The latest five firms chosen to take part in the IA’s FinTech accelerator programme have today been unveiled by the Investment Association (IA), as the trade body announces the programme and FinTech hub will be rebranded ‘Engine‘.

The six-month FinTech accelerator programme (formerly known as Velocity) aims to connect best-in-class FinTech innovators with investment managers looking to transform investment. The evolution of the IA’s FinTech offering from Velocity to Engine reflects the growth and maturing of the IA’s FinTech ambitions – expanding its hub and accelerator in London, to power national and international FinTech adoption with the co-working ‘Engine Room’ in Birmingham and the development of global initiatives and partnerships.

The selected firms will benefit from unparalleled access to the IA and its industry expertise, as well as gaining valuable exposure to industry networks and potential clients. Participants benefit from mentoring from the industry-expert Engine Advisory Panel, which helps firms unlock their potential and implement solutions throughout the sector.

The following firms were selected to take part in the Engine accelerator programme due to the quality of their solutions and focus on key industry problem areas:

  • Exabel delivers cloud technology solutions to buy-side firms which enable active fund managers to complement their investment strategies with more data-driven techniques and perspectives, including powerful AI predictive models.
  • Fundipedia is a leading data management platform empowering the asset management industry to govern their data with ease, make smarter, faster decisions, and meet regulatory reporting requirements with confidence.
  • ipushpull is transforming data-driven workflows and improving efficiency across capital markets with real-time data sharing and workflow automation, delivering fast time-to-market and cost savings for data producers and services.
  • KiteEdge turns knowledge into advantage through a combination of leading-edge technology and human expertise, empowering asset managers to maximise their value by identifying insights and delivering improved outcomes.
  • Rungway, the workplace advice platform, is a management tool to foster a safe, inclusive culture and strengthen your conduct & culture framework.

Chris Cummings, Chief Executive of the Investment Association, said:

“18 months after the launch of our FinTech offering, our accelerator programme is moving from strength to strength. The unveiling of Engine is fitting of our ambition to drive broader adoption of new technologies across investment management. Engine will continue to act as a catalyst for industry innovation, bringing together buy side focused tech solutions addressing current and future business needs.

“Congratulations to Exabel, Fundipedia, ipushpull, KiteEdge and Rungway who have succeeded in securing their place in the first Engine cohort.”

Engine will also feature a new taxonomy and search functionality (in partnership with The Disruption House) on its new website that allows for quick identification of solutions across the value chain, asset classes and technologies, providing a single source directly applicable to the specific needs of investment management businesses.

 

 

ipushpull joins IA’s VeloCity Program

VeloCity accelerator

The Investment Association (IA) is today holding an opening event for the first cohort of innovators to join its brand new VeloCity accelerator. Ipushpull is very excited to attend the event as a new member of the IA VeloCity program.

IA VeloCity’s aims are twofold: to introduce the asset management industry to talented fintechs who will drive innovation within the sector, and to help those fintechs develop industry-ready solutions with ‘market-viable’ technology tailored towards asset managers. There’s strong demand for solutions which increase business efficiency and enhance customer experiences. To meet this demand, the VeloCity and the accelerator will be targeting several cutting edge solutions including cloud-based infrastructure and big data, AI, machine learning and distributed ledger technology. The intention is to help bring these technologies and solutions and make them applicable across the business, from middle and back office operations to fund distribution and marketing.

For this purpose a 24-member Advisory Panel, comprised of senior industry leaders and digital technology specialists, has been selected to define and represent the industry, while mentoring and unlocking the potential of those companies within the accelerator. Companies which are part of the program will benefit from the expertise offered by the Advisory Panel plus access to the IA and the well of knowledge it has to offer.

Graham Kellen, who chairs the VeloCity Advisory Panel and is the Chief Digital Officer at Schroders comments:

“The timing is perfect as members are now embracing the rapid technological innovation and are keen to accelerate the adoption of enhanced tools and cutting edge technologies for the creation of new products and services, moving the industry forward at the pace that reflects market dynamics and our customers’ needs.”

John Glenn, the Economic Secretary to the Treasury and City Minister has said:

“The UK is a world leader in asset management, but to stay that way we’ve got to keep ahead of the curve.”

This platform is the first of its kind and it is set to enable fintechs to get a head start in the asset management sector.

To speak to ipushpull about the innovative solution we are developing for the asset management industry, get in touch with sales@ipushpull.com.