FinMason Named by UBS As an Americas Regional Finalist in Future of Finance Challenge 2017
FinRiver is front and center on the global stage in the competition to find innovative solutions for the bank of the future.
BOSTON, Oct. 11, 2017 /PRNewswire/ -- FinMason, a Boston-based FinTech and investment analytics firm, has been selected as an Americas regional finalist in the UBS Future of Finance Challenge 2017. This is the second challenge hosted by UBS and is open to start-ups and established, growing companies that strive to change the way finance works and how banks meet their clients' needs. FinMason will pitch their FinRiver offering at the regional finals in New York City on Nov. 8, 2017, alongside the nine other Americas finalists.
The firm is recognized for the development of FinRiver, a simple but powerful API that gives any technology platform access to their institutional-grade analytics in an easy-to-consume format. Financial institutions can integrate almost any investment analytic imaginable into their products with just a few keystrokes, allowing for rapid prototyping, a faster time-to-market, and a more robust offering. FinMason is a first-time finalist in the global competition and will be competing in the "Wealth in the Digital Age Challenge."
"We are thrilled to be recognized with of some of the most forward-thinking innovators and entrepreneurs in FinTech from across the globe," said Kendrick Wakeman, CFA, CEO and founder of FinMason. "Thank you to UBS for recognizing our team's vision and efforts to modernize investment analytics in a way that provides a tangible value to the organizations that leverage them."
FinRiver is powered by one of the world's largest independent analytics engines – the Algonath – that conducts calculations on every publicly traded security worldwide. FinMason's computational platform also drives FinScope, a bulk processing solution that can deliver an analytical payload overnight on every portfolio in a firm's system, enabling powerful compliance screening, risk monitoring and performance attribution capabilities.
ABOUT FINMASON, INC.
FinMason is a Boston-based financial technology firm with one of the largest and most highly scaled investment analytics platforms in the world. FinMason's cutting-edge platform analyzes millions of global investments and delivers institutional-grade analytics in milliseconds via two core products: FinRiver™-a lightning-fast API that delivers any analytics anywhere in your platform with just a few keystrokes; and, FinScope™-a bulk processing platform that can analyze millions of portfolios every night for compliance screening and performance attribution. For more information, visit www.finmason.com and follow us on Twitter, LinkedIn, and Facebook.
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