Sponsor Details: Partner Profile

Surge Ventures has embarked on a series of groundbreaking initiatives. The first of these is Avery by RegVerse, a revolutionary Regulatory Intelligence platform that seamlessly combines AI capabilities with human expertise to ensure that organizations remain well-informed about SEC, FINRA, and state board regulations.

Additionally, Surge has successfully acquired Kovair, a highly regarded leader celebrated for its excellence in enterprise workflow, data integration, DevOps, and data migration solutions. Kovair's Omnibus platform has been honored with the prestigious Gartner Cool Award, and its QuickSync solutions are trusted by renowned brands such as AT&T, FedEx, Stryker, and the World Bank.

Moreover, Surge has extended its investments to the startup Kite Cyber, addressing the challenges posed by the ever-expanding App economy, particularly relevant to highly regulated financial services. Kite Cyber has developed solutions to assess an organization's risk exposure resulting from the multitude of apps it employs, thus mitigating potential data vulnerabilities.

Leveraging our investments, Surge is evaluating opportunities to:

Option 1: Continue the development of our Consolidated Best of Breed (C.B.o.B) compliance automation integrated platform. We are identifying the right tools to build, acquire, and invest in, which offer efficiency, accuracy, and value across the Wealth Management Industry.

Option 2: Continue our strategy of building, acquiring, and investing in Wealth Technology solutions to create an integrated Consolidated Best of Breed (C.B.o.B.) platform. Our approach is a departure from the traditional binary choice between Consolidated OR Best of Breed. Our differentiator lies in integrating all solutions, whether we build, acquire, or invest in different pieces of technology, with the single purpose of solving the overall wealth management puzzle.

We are also strengthening our gap analysis capabilities within our suite of services, including Regulatory Change Management, Audit, Attestation, and Advertising Review systems. This enables us to provide holistic predictive analysis for the entire organization. Our analysis is based on which Surge products are utilized by a specific wealth firm. For example, our gap analysis includes reviewing documents such as policies and procedures, offering suggestions, and facilitating easy document updates to ensure the highest level of compliance within your organization.

We are set to release our Privacy First! AI as a Service (AIaaS) offering, providing almost instant access to create specific data models for wealth management firms to meet their unique solution needs. Examples include the Smart Technology Support Chatbot for the Field, Chat with Compliance, and Smart HR Chatbot. For instance, our Compliance Chatbot is a regulatory-tuned AI chatbot with data-privacy-first architecture, integrated with a firm's policies and procedures. This enables the Chatbot to be trained on the firm's specific regulatory landscape, offering the capability to answer compliance and surveillance-related questions.

Furthermore, we are preparing to release our Cloud-based Data Lakehouse as a Service (DLaaS) to our Enterprise Clients within the Wealth Management space. This offering will merge our AIaaS non-structured data capabilities with our traditional relational database, creating a unified data platform. This convergence allows us to leverage the strengths of both to provide greater synergy between current and next-generation software solutions.