FundGuard helps asset managers, custodian banks and fund administrators manage investments across mutual funds, ETFs, separately managed accounts, pension funds as well as insurance. Using machine learning and AI to identify unstructured financial and operational anomalies or potential fraud, the platform provides real-time support while providing insights and recommendations to its customers. "With continued pressure on management fees driven by the proliferation of ETFs, robo-advisors, 'zero fee' offerings, and frequently changing regulations, the industry is clearly now in need of an operating system that's highly accurate across all asset classes and efficient to operate," said Lior Yogev, CEO and co-founder of FundGuard. "Our SaaS platform is built to meet the needs of today's investment industry, designed to support sophisticated trading environments and new technologies such as distributed ledgers.

https://www.prnewswire.com/news-releases/fundguard-launches-investment-management-saas-platform-and-secures-4-million-in-seed-funding-300732467.html