Singapore-based Hatcher Plus has been named a leader in the AI – Financial Technology category at the SBR Technology Excellence Awards 2024. The company’s FAAST™ platform, the world’s first AI-powered solution, offers comprehensive deal flow management, portfolio management, and fund administration tools. Hatcher Plus operates from Singapore and has additional offices in Dubai, Monaco, and West Palm Beach. The platform caters to a diverse clientele.
The FAAST™ platform integrates several cutting-edge features that significantly enhance wealth management operations. The FAAST™ FundBuilder leverages artificial intelligence and legal technology to streamline the creation of regulated fund structures, including Special Purpose Vehicles (SPVs) and Variable Capital Companies (VCCs), thereby enabling wealth managers to set up new investment vehicles tailored to client needs efficiently.
Meanwhile, the FAAST™ DealGraph® feature, utilizing AI and access to a proprietary database of over 550,000 private companies, significantly improves deal flow access and analysis. This makes DealGraph® an invaluable tool for wealth managers and family offices looking to manage proprietary deal flows effectively.
Additionally, the FAAST™ BackOffice component transforms portfolio management by automating intricate processes. This offers users advanced management, accounting, and real-time reporting capabilities, ensuring stakeholders are always informed and can make decisions based on the latest data. Collectively, these features underscore the FAAST™ platform’s role in modernizing and optimizing wealth management through the use of advanced technology.
Designed by finance professionals and data scientists, the Hatcher+ FAAST™ platform excels at scaling wealth management operations using advanced technologies. One of its remarkable features is the integration of AI for direct deal identification and assessment, which optimizes decision-making and management processes. Additionally, the platform employs a blockchain-based data management framework to ensure data integrity and reliability, a crucial aspect of accurate stakeholder reporting.
The versatility of the FAAST™ platform is further underscored by its support for multi-book accounting (GAAP/IFRS), a wide range of asset classes, and comprehensive fund accounting and administration capabilities. Its real-time general ledger, customizable chart of accounts, automated tax reporting, and streamlined accounts payable and cash management exemplify the platform’s ability to provide timely and accurate financial reporting.
The recognition of Hatcher Plus at the SBR Technology Excellence Awards underscores the company’s leadership in leveraging AI and extensive product development in the market. As a forerunner in wealth management technology, Hatcher Plus’s FAAST™ platform addresses a broad spectrum of challenges in fund administration and wealth management and sets a new benchmark in the field with its innovative approach.
Singapore Business Review Magazine presents the SBR Technology Excellence Awards. To view the complete list of winners, click here. If you want to join the 2025 awards program and be acclaimed for your company’s outstanding contributions in pursuit of technological innovation, please contact Jane Patiag at jane@charltonmediamail.com.
