AIX Platform Automates and Streamlines Investing Process for Advisors and Investors in Partnership with Concorde Investment Services

Alternative Investment Exchange (AIX) has made a significant move in the financial industry by partnering with Concorde Investment Services to revolutionize the alternative investing process. This collaboration will leverage AIX’s cutting-edge technology to automate and streamline investing processes for Concorde, its advisors, and their clients.

Concorde, a renowned leader in alternative investments based in Ann Arbor, Michigan, operates as a Registered Investment Advisor (RIA), full-service broker-dealer, and insurer. By teaming up with AIX, Concorde aims to enhance efficiency and reduce risk for both the company and its clients.

One of the key benefits of AIX’s data-driven technology is its ability to significantly reduce Not-In-Good-Order (NIGO) errors, which can often hinder investments in alternatives. NIGO errors occur when investment documents contain incorrect, outdated, or missing information, such as signatures. By automating these processes, AIX’s platform will provide a seamless and error-free experience for advisors and investors.

Danielle Delongchamp, President and CEO of Concorde, expressed her excitement about the partnership, stating that AIX’s technology will provide a streamlined solution to meet each client’s unique investing needs. She highlighted AIX’s capability to reduce NIGO errors, its user-friendly interface with digital signatures, and its electronic delivery of private placement memorandums (PPMs).

Brad West, Chief Operating Officer of AIX, emphasized the significance of working with a leader like Concorde in the alternative investments space. He noted that AIX is at the forefront of automating the alternatives investing process and looks forward to serving Concorde’s dedicated clients.

AIX’s platform functions as a comprehensive workflow management solution, automating data population in forms and relevant systems to streamline the investing process for all parties involved. From opening accounts to post-trade account monitoring, AIX supports the full-capital alternatives life cycle, providing a seamless and efficient experience for advisors, clients, sponsors, and compliance teams.

Overall, the partnership between AIX and Concorde represents a significant step forward in the financial industry, showcasing the power of technology to enhance and simplify the investing process for advisors and investors alike.