ARQA's KorScript Wins 2026 Wealth Management Industry Award for AI-Powered Data Extraction

MIAMI, Sept. 17, 2026 /PRNewswire/ -- ARQA, a leading AI-native wealth management platform, has been named the winner of the Technology Providers: Document Management category at the 2026 Wealth Management Industry Awards (the "Wealthies") for its AI-Powered Data Extraction technology.

The award recognizes KorScript, ARQA's financial document intelligence engine that turns financial documents into operational data. KorScript extracts and understands information from complex financial PDFs, supports AI-powered reconciliation, and delivers structured, validated data directly into enterprise systems, automated workflows, and AI agents.

"We're excited to see ARQA win a Wealthies Award for KorScript," said Haik Sahakyan, Co-founder and CEO of ARQA. "As AI enters operations, data from financial documents has to be ready for execution, and that's exactly what KorScript is built for."

Earlier this year, ARQA expanded KorScript with Custom Extractors, allowing firms to build their own AI-powered extractors for any financial document type. By defining the required fields and instructing the AI in plain language, firms can create reusable extractors tailored to their own data requirements and extraction logic. With a built-in review process, KorScript learns from corrections and adapts over time, improving how it handles recurring documents.

"At enterprise scale, document extraction logic is a critical part of the agentic operating infrastructure and workflow," said George Guidotti, Director of Enterprise Solutions at ARQA. "KorScript accelerates how financial data moves into downstream systems by giving firms the flexibility to define and apply their own requirements at scale. Essentially, we use KorScript to give each agentic workflow a specific starting point — what to get, where to source, and final destination requirements."

This year's award marks ARQA's second consecutive Wealthies honor, building on its 2025 win in the Disruptors category for innovation in AI-powered operations. ARQA's AI Workflows orchestrate multi-step processes through intelligent agents, with KorScript providing the document intelligence layer that feeds those workflows with structured financial data for downstream execution.

ARQA received additional recognition this year, with Sahakyan named a finalist for CEO of the Year in the Technology Providers category, reflecting the company's growing industry impact across both product innovation and leadership.

Now in its 12th year, the Wealth Management Industry Awards recognize outstanding achievements by companies, organizations and individuals that support financial advisor success. Winners are selected based on quantitative measures including scope, scale, adoption and feature set, along with qualitative measures such as innovation, creativity and user experience.

A record-breaking number of nominations were submitted in 2026, with over 1,392 entries received from 315 unique companies. "The growth of the Wealthies reflects both the expanding range of organizations serving advisors and the extraordinary amount of work being done to help advisors build stronger businesses and improve outcomes for their clients," said David Armstrong, Head of Editorial Operations, Wealth Management Group. "Our independent judges evaluate the usefulness, innovation, scope and impact of each initiative - not the company behind it. To be named a finalist, and especially a winner, is meaningful recognition in a year with a record field."

Since the launch in 2024, ARQA has continued to gain recognition for its AI-native approach to wealth management. In addition to consecutive Wealthies wins, ARQA has been recognized as a Nasdaq Fintech Trailblazer finalist, included in the AIFinTech100 and WealthTech100 lists, and featured in the Morningstar Fintech Showcase, among other industry accolades.

A complete list of the 2026 Wealth Management Industry Awards winners and finalists can be found at https://informaconnect.com/wealth-management-industry-awards/.

About ARQA

ARQA is an AI-native wealth management platform built to bring AI into the core of wealth management operations. The platform brings AI into every stage of how firms operate, from working with information and data to orchestrating and executing multi-step processes through AI agents. Designed to integrate with existing technology stacks or support broader platform adoption, ARQA enables advisors, firms, and institutions to operate with greater speed, intelligence, and scale.

Learn more at arqa.ai.

About Wealth Management

Wealth Management, an Informa business, provides everything wealth professionals need to know to stay knowledgeable about the industry, build stronger relationships, improve their practice, and grow their business. Wealth Management offers financial services organizations a broad array of marketing services designed to help them influence the industry's leading audience of wealth management professionals.

Contact: Vanessa Vandenberg
 +1 (646) 902-4245
[email protected]

SOURCE ARQA