Hatcher Plus sets new benchmark in FinTech with SBR Technology Excellence Award 2024

The FAAST™ platform redefines wealth management with AI-driven solutions.

Singapore-based Hatcher Plus Pte Ltd has emerged as a leader in the AI - Financial Technology category at the prestigious SBR Technology Excellence Awards 2024. The accolade recognises the innovative strides Hatcher Plus has made with its FAAST™ (Funds-as-a-Service Technology) platform, setting new standards in wealth management technology.

Operating from Singapore with additional offices in Dubai, Monaco, and West Palm Beach, Hatcher Plus is a venture-backed technology developer that has revolutionised the wealth management sector. The Hatcher+ FAAST™ platform is acclaimed for being the world's first AI-powered, end-to-end solution tailored for wealth management. Through its comprehensive suite of tools for deal flow management, portfolio management, and fund administration, Hatcher Plus caters to a diverse clientele, including wealth managers, family offices, and financial services companies.

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 efficiently set up new investment vehicles tailored to client needs. 

Meanwhile, the FAAST™ DealGraph® feature, utilising 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 modernising and optimising 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 optimises 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, customisable chart of accounts, automated tax reporting, and streamlined accounts payable and cash management exemplify the platform's capability 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 not only addresses a broad spectrum of challenges in fund administration and wealth management but also sets a new benchmark in the field with its innovative approach.

The SBR Technology Excellence Awards is presented by Singapore Business Review Magazine. To view the full list of winners, click here. If you want to join the 2025 awards programme and be acclaimed for your company's outstanding contributions in pursuit of technological innovation, please contact Jane Patiag at [email protected].