New York, NY – December 6, 2024, Hakkoda, a modern data consultancy, is proud to announce its recognition as a winner at WatersTechnology’s 2024 American Financial Technology Awards.
This award, bestowed for the best new technology introduced over the last 12 months in the AI & machine learning category, highlights the transformative impact of Hakkoda’s Modern Asset Management & Business Analytics (MAMBA) accelerator. and reaffirms our team’s continued mission to transforming the financial services and insurance industry through cutting-edge AI and automation solutions.
Supported by the Snowflake Marketplace and partner ecosystem, the MAMBA environment is an end-to-end solution that provides real-time, firm-wide access to trades and asset allocation in a single version of truth. With a host of recent advancements powered by Snowflake’s Cortex AI, including advanced research and transaction cost analytics, the MAMBA environment acts as a centralized hub where analysts and other stakeholders can unearth hidden insights and foster deeper collaboration.
This year’s AFTA winners include many top innovators in the financial services and insurance space:
End-users’ section
- Best analytics initiative – JP Morgan Asset and Wealth Management
- Best reporting initiative – JP Morgan Asset and Wealth Management
- Best mobile strategy initiative – Wells Fargo
- Best compliance initiative – Morgan Stanley
- Best cross-asset trading initiative – JP Morgan Asset and Wealth Management
- Best data management initiative – Bank of America
- Best AI/machine learning initiative – TCW Group
- Best risk management initiative – Morgan Stanley
- Most cutting-edge IT initiative – Northern Trust
- Best infrastructure initiative – Northern Trust
- Best IT integration initiative – JP Morgan Asset and Wealth Management
- Best IT team – TCW Group
“We are thrilled to be recognized by the AFTAs for our contributions to financial technology,” said Anand Pandya, Global Head of Financial Services at Hakkoda. “This award reflects our team’s commitment to pushing the boundaries of what’s possible in AI and automation and to using those capabilities to deliver practical outcomes for our customers. We look forward to continuing to help financial service enterprises achieve greater operational efficiency and competitive advantage while seeing greater returns on their data investments.”
Read more about the AFTAs 2024 and this year’s winners here.
About Hakkōda
Hakkoda is a modern data consultancy, helping companies harness cloud platforms and AI capabilities. We combine deep industry expertise, a focus on data innovation, and our own IP to drive results in complex organizations. To learn more, visit hakkoda.io.
