Fintech Entrepreneur Toan Huynh joins Kestra’s Stephen Langlois, Former Northwestern Mutual CIO Karl Gouverneur and SixThirty Ventures’ Atul Kamra on Advisory Board to Focus on Business Operations and Product Development
Innovator and Technologist Ramaswamy Nagappan, Chief Information Officer for BNY Mellon, Joins the Latest Funding Round of Next Generation AI-Platform for Financial Advisors
PALO ALTO, Calif., June 7, 2022 /PRNewswire/ — CogniCor, the Morgan Stanley-backed provider of artificial intelligence-powered business automation and learning platforms for highly regulated industries, today announced it named fintech entrepreneur Toan Huynh to its Advisory Board and technology innovator Ramaswamy Nagappan, Chief Information Officer for BNY Mellon Pershing LLC, personally joined the company’s SAFE Investment round.
CogniCor’s AI-enabled front and back-office automation platform currently enables Fortune 500 financial firms to augment financial advisors’ productivity and redirect valuable employee resources to focus on growth strategies, relieving pressure from traditional staffing models. The company also recently received an investment from Morgan Stanley and was selected for acceleration by its multicultural innovation lab.
“We’re facing an unprecedented shift in financial advisor’s operations and back-office support structures during the largest wealth transfer in history,” said Sindhu Joseph, Ph.D., CogniCor’s co-founder and CEO. “I am convinced that the support of our esteemed advisor board members along with Ram’s guidance will enable CogniCor to continue its strategic expansion and targeted product development to help wealth management and insurance industries thrive.”
New Advisory Board member
Ms. Huynh has served as an investor and advisor for early-stage startups, focusing on B2B SaaS, fintechs and insurtechs, with experience in private equity and venture capital funds. She serves as a non-executive director for private and public boards. Ms. Huynh is a founding mentor for Declare, which looks to close the gender and diversity gap in finance, venture and technology. Prior to her venture and investing career, Ms. Huynh was a cloud technologist and founder and CEO of GlobalOne/Cloud Sherpas (Acquired by Accenture).
Ms. Huynh said: “I am excited to work with Sindhu and CogniCor’s executive and advisory leadership at this pivotal moment in this industry’s history. The last few years exposed significant shortcomings to the traditional staffing model and CogniCor stands apart in this space for its ability to address these pressing issues through best-in-class technology.”
CogniCor’s Advisory Board also includes:
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Stephen Langlois, President of Kestra Financial, a Texas-based independent wealth management platform. He has previously served as Chief Revenue Officer and Head of Business Development for Fidelity-backed financial planning software company eMoney.
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Karl Gouverneur,Former Chief Innovation Officer and head of Digital Innovation of Northwestern Mutual has significant experience supporting technology start-ups across a range of industries as an executive, coach, advisor and board member.
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Atul Kamra, Managing Partner of SixThirty. Previously, he served as Head of Advice with Wells Fargo Advisors and President of First Clearing.
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Professor Ramon Lopez de Mantaras, Former director of Institute of Artificial Intelligence (IIIA-CSIC), …….
Source: https://finance.yahoo.com/news/ai-business-automation-leader-cognicor-100000906.html