1 min read

Is Cloud-Based FinTech the Future of Streamlined Fund Industry Tech?

Key Takeaways:

  • Next Gate Tech is revolutionizing the fund industry technology with its cloud-based FinTech solutions
  • The Luxembourg-based start-up eliminates the need for multiple point solutions and legacy databases
  • It offers consolidated and independent data sources from various unharmonized and unstructured sources
  • With automated NAV Oversight, Risk Oversight, and ESG oversight, Next Gate Tech reduces risk and drives efficiency
  • Cloud-based FinTech is predicted to be the future of fund industry technology

Introduction

With the exponential rise of financial technology (FinTech), businesses and financial institutions are looking for tools that enhance efficiency and reduce risks. One relatively new player in the FinTech sector, Next Gate Tech, based in Luxembourg, is shaping the future of the fund industry technology through its innovative, cloud-based solutions.

Next Gate Tech’s technology leverages cloud benefits. It consolidates data from various unharmonized and unstructured sources into one, enhancing its integrity and reliability, and subsequently, streamline business processes. In the financial realm, where accuracy and timeliness of information are key, a transformative solution like Next Gate Tech’s cloud-based approach plays a significant role.

Analyzing Next Gate Tech

What separates Next Gate Tech from the rest in the competitive FinTech environment is its advanced data consolidation. It generates a single, consistent data source from multiple, disparate inputs. This eliminates the need for multiple point solutions and legacy databases, thus reducing technical and manual costs. Moreover, it empowers firms to manage their governance and controls independently and consistently.

Next Gate Tech is not just about streamlined data. It’s also about analytics and oversight. The company offers automated Net Asset Value (NAV) Oversight, Risk Oversight, and Environmental, Social, and Governance (ESG) oversight. These tools provide an overarching view of the chosen aspects, driving efficiency and reducing risk, aspects critical to financial and investment firms.

Explore:  Is Digitised Financial Consulting the Future of SMEs' Accessibility to Loans?

Conclusion

Looking at Next Gate Tech’s unique offering, one can’t help but determine that cloud-based FinTech is indeed the future of streamlined fund industry tech. The unification and simplification of processes coupled with increased oversight gives companies better control over their operations, decreasing risk and essentially, increasing value.

With Next Gate Tech leading the charge, the evolution towards cloud-based FinTech will likely continue to accelerate. It will be interesting to watch how this industry trend unfolds. For more about Next Gate Tech and their innovative solutions, visit their website or connect with them on LinkedIn.


Ready to Promote Your Brand with Finance Magazine?

Looking to reach a targeted audience of finance professionals and decision-makers? Finance Magazine offers sponsored article opportunities and partnerships to help you showcase your brand and drive sales. Learn more about our advertising options and reach out to us today! Click here to discuss sponsored articles and partnerships.

Maximize your brand visibility and engage with a highly engaged finance audience. Contact us at [email protected] to get started. Let Finance Magazine be your platform for success!

Explore:  Company Showcase: Swan Bitcoin - Simplifying Bitcoin Investing with Automated Savings Plans

Financial Magazine

FinMag.co.uk is a leading online platform dedicated to providing up-to-date and insightful information about finance, business, and investment. As an authority in the industry, FinMag.co.uk is trusted by professionals, investors, and business owners worldwide for its accurate and reliable news and analysis.

Previous Story

Can Direct-to-Door Medical Delivery Revitalize Bangladesh’s Healthcare Industry?

Next Story

Can Online Marketplaces Revolutionise The Automotive Repair Industry Globally?

Latest from Blog

About us

FinMag.co.uk is a finance magazine that covers the latest news and trends in the finance industry. Its articles cover a wide range of topics, including banking, investment, insurance, and technology. With a focus on providing valuable insights and analysis, FinMag.co.uk aims to keep its readers informed about the most important developments in finance and how they may impact businesses and individuals alike.

 

Newsletter

Copyright. All Rights Reserved.
Owned & operated by Unstructured.media