iCapital Adds A.I. Features via AltExchange Acquisition

SHARE THIS STORY iCapital intends to boost its A.I. and ML support via the addition of AltExchange. Fintech platform provider iCapital intends to enhance its artificial intelligence (A.I.) and machine learning (ML) capabilities with the acquisition of alternative investment data aggregator AltExchange, officials say. Officials at iCapital add that the acquisition will also help the company to streamline post-investment processes and improve decision-making for private market participants. Terms of the agreement were not disclosed. AltExchange’s “technology aggregates and converts unstructured data from scattered documents and multi-format data feeds into structured…

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