NexJ and Boosted.ai align to develop products
designed to empower the human advisor using Artificial
Intelligence
TORONTO, June 12, 2019 /PRNewswire/ - NexJ Systems Inc.
(TSX: NXJ), offering intelligent customer management software to
the financial services industry, announced today that it has
entered into a partnership with Boosted.ai to supplement its AI and
Machine Learning capabilities. This is in line with our recently
launched Strategic Partner Program that welcomes financial
services-specific solutions partners to work closely with us to
broaden our product offering and add to our overall value
proposition.
NexJ and Boosted.ai have already begun building a breakthrough
product that will leverage the expertise of both companies. The
initial product will deliver Wealth Management specific
functionality to augment an advisor's ability to service and sell
to clients, while improving productivity associated with the
execution of back-office tasks. The partnership will greatly enrich
our vertical capabilities and vastly increase the value delivered
to our customers.
"It made sense for NexJ and Boosted.ai to partner given we are
aligned in delivering technologically advanced products, leveraging
AI and Machine Learning, to the financial services market," said
Matthew Bogart, Vice President of
Marketing at NexJ Systems Inc. "Artificial Intelligence and
Machine Learning are foundational components of our Intelligent
Customer Management strategy. Our focus is to develop feature-rich,
industry specific, out-of-the-box functionality, delivered with a
rapid time to value that can empower the human advisor."
Boosted.ai has a strong team with decades of combined experience
building Machine Learning teams at Bloomberg and through the
founding of Maluuba, a company that was acquired by Microsoft and
became Microsoft Research Montreal. Joshua
Pantony, Co-Founder and CEO of Boosted.ai, said, "Boosted.ai
was founded with the belief that Machine Learning will
revolutionize the financial industry. We want to empower the
industry to achieve consistently better results by unlocking the
predictive power of data. We think the partnership with NexJ, which
has market leading domain knowledge and expertise, will allow us to
fully unleash the potential of our Machine Learning algorithms in
combined product offerings."
About Boosted.ai
Boosted.ai is a software company
focused on helping customers unlock the value of their financial
domain expertise and data through the predictive machine learning
platform: Boosted Insights. The platform allows users to
improve their investment decision making process through the use of
artificial intelligence - without the need for a team of data
scientists and programmers. This allows investment
professionals to leverage Boosted.ai's team of machine learning
engineers in order to deliver both efficiency gains and improve
investment results, all through an easy to use web interface.
About NexJ Systems Inc.
NexJ Systems is the pioneer of
Intelligent Customer Management. Its award-winning CRM is designed
to help Wealth Management, Private Banking, Corporate and
Commercial Banking, and Insurance firms revolutionize their
business. Powered by artificial intelligence, its products help
drive productivity, boost client engagement, and increase revenue.
With users in over 60 countries, its customers benefit from its
deep expertise across financial services verticals, strategic
investment in innovation, and commitment to their success.
Based in Toronto, NexJ has
clients throughout North America,
Asia Pacific and in Europe. For more information about NexJ
visit www.nexj.com, e-mail info@nexj.com, or call
416-222-5611. Join us on LinkedIn, follow us on Twitter, subscribe
to our YouTube channel, or like us on Facebook.
NexJ Forward-looking Statement
Certain statements in
this press release may contain words considered forward-looking
statements or information under applicable securities laws. These
statements are based on NexJ's current expectations, estimates,
forecasts and projections about the operating environment,
economies, and markets in which the company operates. These
statements are subject to important assumptions, risks and
uncertainties that are difficult to predict, and the actual outcome
may be materially different. NexJ's assumptions, although
considered reasonable by the company at the date of this press
release, may prove to be inaccurate and consequently, its actual
results could differ materially from the expectations set out
herein. For additional information with respect to risks and other
factors which could occur, see NexJ's securities filings with the
OSC and other securities regulators. NexJ securities filings are
available on www.sedar.com. Unless otherwise required by
applicable securities laws, NexJ disclaims any intention or
obligations to update or revise any forward-looking statements,
whether as a result of new information, future events or
otherwise.
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SOURCE NexJ Systems Inc.
