(BUSINESS WIRE) - CyborgTech today announced an investment from PureFacts Financial Solutions, a leading global financial technology company. This partnership will further fuel the rapid development and drive innovation of their advisory platform, Cy that was awarded 2021 Best Robo Advisory Platform by FinTech Breakthrough
Launched in 2019, Cy helps financial advisors successfully engage with clients throughout the investment journey, from the first point of contact to onboarding the client and providing ongoing service. The comprehensive end-to-end wealth management and robo-advisory platform provides proprietary financial planning and client profiling workflows, rate of return and loss simulation/risk tolerance calculations, and an innovative portfolio optimization engine. Cy’s powerful, quantitative engine can screen the full universe of mutual funds, ETFs, UCITs and separately managed accounts to build personalized machine-optimized portfolios that fulfills clients’ loss tolerance and return needs while seeking consistent performance through full market cycles. Cy is flexible and scalable and built to serve asset managers including the leading bond ETF provider, PIMCO.
“This partnership bolsters our strategic focus on enhancing the advisor and investor experience and further expanding our position in the wealthtech space.”
Don Schreiber, Jr., Chief Visionary Officer of CyborgTech
"This is an exciting milestone for Cy and CyborgTech. Not only are we increasing our capacity for growth, but we are also solidifying our relationship with knowledgeable, experienced technology professionals that share our vision to redefine the investor experience."
Like PureFacts, CyborgTech is dedicated to improving investor outcomes
Robert Madej, PureFacts Founder and CEO.
“By joining forces and combining our respective areas of expertise, we can create a unique global wealth tech and financial services platform.”
CyborgTech will leverage PureFacts’ deep product innovation, data aggregation, and AI expertise to expand the enterprise-grade robo advisory platform that pairs human financial advice with machine-optimized portfolios.
CyborgTech is a leader in the FinTech space combining a new vision for investing and best-in-class investing technologies. Cy is a robo advisory platform that pairs human advice with machine optimized portfolios for loss and return. The enterprise grade platform can be white-labeled for broker-dealers, RIAs, asset managers, and other institutions. For more information visit investwithcy.com.
About PureFacts Financial Solutions
PureFacts is a recognized world leader in revenue management, fee billing and commission calculation software. Ranked a 2020 WealthTech100 Company and Top 15 Canadian Innovator, PureFacts provides wealth management solutions for the financial services industry in Canada, US, UK, Europe, and APAC. The company’s transformational WealthTech solutions use artificial intelligence and machine learning to facilitate wealth management data aggregation and complex calculations that enables wealth managers to future-proof their businesses and accelerate their growth. For more information visit www.purefacts.com