BridgeFT, a leader in cloud-native, API-first wealth infrastructure software, has been honored with the 'Data Warehouse Solution Provider of the Year' award at the 5th annual Data Breakthrough Awards. This accolade underscores the company's innovative WealthTech API, which revolutionizes access to AI and trade-ready multi-custodial data, advanced analytics, and application services for the wealth management sector.
The WealthTech API by BridgeFT stands out by eliminating the cumbersome process of sourcing individual data feeds from various custodians and back-office providers. This breakthrough enables wealth management firms and wealthtech application developers to craft next-generation applications with ease, fostering differentiation in a competitive market. Joe Stensland, CEO of BridgeFT, shared his pride in this recognition, emphasizing the company's mission to empower firms with seamless access to critical client and investment account data.
The Data Breakthrough Awards, known for spotlighting global data technology innovators, received thousands of nominations this year. Steve Johansson, Managing Director of Data Breakthrough, praised BridgeFT for its innovative data technology approach. Unlike traditional data aggregation, BridgeFT integrates comprehensive functionalities into its platform, optimizing data utility for its users.
At the heart of BridgeFT's success is its WealthTech-as-a-Service platform, which significantly reduces the time, complexity, and cost associated with app development and maintenance in the wealth management industry. This has not only garnered the trust of top financial services firms and technology companies but also set a new standard for delivering personalized client experiences through digital wealth management ecosystems.
This award highlights BridgeFT's pivotal role in automating back-office operations and aligning multi-custodial data aggregation with advanced analytics and reporting. By simplifying access to traditionally hard-to-get data, BridgeFT is leading the charge in innovation within the global data technology market, paving the way for more efficient and personalized wealth management solutions.
