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Sponsored: AIX Provides Alts Technology to Concorde Investment Services, Streamlining Process for Advisers, Investors

Leveraging its proprietary technology, Alternative Investment Exchange (AIX) began a partnership with Concorde Investment Services to automate alternative investing processes for Concorde and its advisers and clients.

Why It Matters to AIX

  • Concorde is a recognized alternative-investments leader. Based in Ann Arbor, Mich., Concorde operates as a registered investment adviser, full-service broker-dealer, and insurer.

Why It Matters to Concorde

  • AIX’s data-driven technology increases efficiency and reduces risk for Concorde and its clients. The platform dramatically reduces Not-In-Good-Order, called NIGO errors, a barrier to investing in alternatives. NIGO errors occur when investment documents are incorrect, outdated or lack vital information, like signatures.
Brad West, chief operating officer, AIX

From the Executives

  • “Partnering with AIX allows Concorde to provide our representatives – especially those that offer alternative investments, DSTs, and 1031 offerings – and their end investors with a streamlined technology solution to meet each client’s unique investing needs,” said Danielle Delongchamp, Concorde president and chief executive officer.

“We’re particularly excited about AIX’s ability to dramatically reduce NIGO errors, its easy-to-use interface with digital signature and straight-through processing, and its capability to deliver private placement memorandums electronically,” Delongchamp added.

  • “Working with an alts leader like Concorde tells the market that AIX is winning at automating the alternatives investing process. We look forward to working with the Concorde team to help serve their devoted clients,” said Brad West, AIX chief operating officer.

How AIX Works

  • The platform functions as a workflow management solution with data populating forms and relevant systems automatically, streamlining the investing process for advisers, clients, sponsors, custodial parties, home offices, and compliance.
  • AIX supports the full-capital alternatives life cycle including data rooms and electronic delivery of offering materials; all-digital transactions, from opening an account to subscriptions, transfers, redemptions, maintenance, and servicing; and post-trade account monitoring, including transaction history, statements, K1s and 1099s, fund communications, and consolidated reporting.

About AIX

Alternative Investment Exchange is an end-to-end digital platform improving processes to buy, own, and sell alternative investments. For more information, please visit https://aixplatform.com/ or LinkedIn.

MEDIA CONTACT
Randy Williams for AIX
randy@eph2comms.com
(917) 213-5980

Alternative Investment Exchange is a sponsor of The DI Wire, and the article was published as part of their standard directory sponsorship package.

For more AIX news, please visit their directory page.