Allfunds taps Google Cloud for AI-powered innovation and infrastructure optimisation

Allfunds, a leading B2B WealthTech platform for the fund industry, has announced a strategic partnership with Google Cloud.

Allfunds, a leading B2B WealthTech platform for the fund industry, has announced a strategic partnership with Google Cloud.

This collaboration aims to leverage the power of cloud computing, advanced data analytics, and artificial intelligence (AI) to enhance Allfunds’ capabilities and provide innovative solutions for its extensive network of Distributors and Fund Houses.

The partnership is driven by the shared goal of delivering transformational solutions that address the complex challenges of fund distribution. By harnessing the capabilities of Google Cloud, Allfunds seeks to drive data and AI innovation, creating new financial information products and fostering growth opportunities within the industry.

Additionally, it aims to develop a secure, scalable, and sustainable technological architecture to support Allfunds’ operational growth and migration to cloud services.

Allfunds’ extensive network of Distributors and Fund Houses will benefit significantly from this partnership. Fund houses will gain access to advanced data analytics tools, enabling deeper insights into investor behavior, market trends, and risk profiles.

This enhanced visibility will empower fund houses to make more informed decisions regarding product development, portfolio optimisation, and distribution strategies.

Similarly, distributors will experience streamlined operations, faster access to critical data, and greater scalability, facilitated by the optimised infrastructure and technological architecture powered by Google Cloud.

Juan Alcaraz, CEO and Founder of Allfunds stated, “At Allfunds we always strive to be at the forefront of innovation, whether by developing solutions in-house with our own talented team or by partnering with leading experts in their field, such as in this strategic partnership with Google Cloud. True to our WealthTech DNA, we remain committed to delivering the best tools and technology for our clients and continuing to support them on their journey of growth and success.”

Tara Brady, President, Google Cloud for Europe, Middle East and Africa added, “There is a significant opportunity to transform the financial services industry with cloud and AI technologies. Our partnership with Allfunds will help power its innovation journey with Google Cloud’s AI technologies and our secure and scalable infrastructure. Our collaborative efforts will empower Allfunds’ clients with the tools and insights they need to make better-informed decisions and drive growth.”

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