SOURCE: Rage Frameworks

Rage Frameworks

January 11, 2016 10:06 ET

Rage Launches LiveWealth™ Solution Featuring Cognitive Intelligence for Active Advising

Empowers Wealth Managers to Drive Deeper Client Engagement Through Real-Time Monitoring of Portfolio Performance Uniquely Powered by Big Data Analytics and Semantic Intelligence

DEDHAM, MA--(Marketwired - Jan 11, 2016) - Rage Frameworks, a leader in Cognitive Intelligence and Business Process Automation technology, today announced the debut of its LiveWealth™ Intelligent Agent platform, a comprehensive next-generation wealth management framework. RAGE LiveWealth is a full featured, end-to-end wealth management service, with features ranging from data aggregation to powerful big data analytics. It enables the world's leading wealth management firms and financial advisors to drive the client experience to new levels of engagement, economically and rapidly, without disrupting existing internal IT infrastructure.

The LiveWealth™ platform is powered by the Rage aggregation engine that can extract and interpret data from any paper or electronic statement, leveraging patented semantic intelligence technology to decipher structured data such as performance returns or unstructured data including news sources. This empowers wealth managers to become active advisers by continuously monitoring changes in the external environment that can impact their clients' portfolios, as well as changes in their personal environment that can impact preferences and objectives. 

In addition to its abilities to quickly scale to manage massive quantities of structured and unstructured data, Rage LiveWealth™ is also rapidly deployable, with no need for additional coding to begin importing years' worth of client data. This is even more critical as wealth managers need to constantly stay on top of all factors that can impact a client's wealth position in an era of roboadvisors that threaten to move up the market to serve higher level wealth segments.

Based on industry-leading business process automation and cognitive intelligence technology, the LiveWealth™ Intelligent Agent framework rapidly extracts, aggregates and normalizes data from US custodians and international custodians, banks and other relevant sources on a near real-time basis to deliver 360° wealth management performance analytics, allowing wealth managers to make quicker and more informed decisions. RAGE's patented technology enables the aggregation of assets held away and highly customizable analysis and reporting of performance data across a large range of client preferences impacting everything from portfolio rebalancing to risk tolerances.

Dr. Venkat Srinivasan, CEO of Rage Frameworks, said: "LiveWealth™ represents a pioneering innovation Rage has developed to enable wealth managers to more effectively meet their clients' needs. LiveWealth delivers the cognitive intelligence and automation capabilities wealth managers require, enhancing their ability to service their institutional and high net worth individual clients."

Learn more about the Rage LiveWealth™ Intelligent Agent Framework at http://www.rageframeworks.com/livewealth/

About RAGE Frameworks: It's Possible
 
RAGE Frameworks Inc. is a leader in Cognitive Intelligence and Business Process Automation technology providing enterprise solutions in wealth management and business banking, breakthrough information products and custom solutions to power business transformation. Headquartered in Dedham, Massachusetts with global operations centers in Pune and Belgaum, India, RAGE offers unprecedented speed, flexibility and insight in solving today's most complex, critical business problems.

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