Allfunds reaches an agreement with Google Cloud to boost innovation in AI and infrastructure optimization

Allfunds announced this Tuesday a strategic agreement with Google Cloud to strengthen itself in cloud computing, advanced data analysis and artificial intelligence.

The aim of this collaboration is to offer transformative solutions to Allfunds' extensive network of distributors and managers, providing new capabilities and cutting-edge tools while enhancing the security of the platform. To this end, it will focus on two key areas:

• The creation of new financial information products and the emergence of new growth opportunities.

• The operational growth of Allfunds and the optimization of the company's technological infrastructure.

Thanks to this collaboration managers will have access to detailed information about the behavior of institutional investors, different risk profiles and market trends. This information will allow a more complete and efficient decision-making process that can be applied to product development, portfolio optimization and distribution strategies. On their part, distributors will have faster access to essential business data, more agile operations and greater scalability, all thanks to the optimization of the infrastructure and the technological architecture powered by Google Cloud. Finally, end customers will be able to access even more advanced analysis tools that will complement the already wide range of Allfunds Data Analytics.

At Allfunds we always seek to be at the forefront of innovation, whether by developing solutions internally with our own team or collaborating with the leading experts in their field, as in this strategic agreement with Google Cloud. True to our WealthTech DNA, we remain committed to providing the best tools and technology to our customers, supporting them on their path to growth.

Juan Alcaraz, CEO and founder of Allfunds

Cloud and AI technologies offer a significant opportunity to transform the financial services sector. Our alliance with Allfunds will help to boost their journey towards innovation through AI, Google Cloud and our secure and scalable infrastructure. This collaboration and our joint effort will empower Allfunds' customers with the best tools and data they need to make informed decisions and drive their growth.

Tara Brady, President of Google Cloud for Europe, Middle East and Africa