2024 marked a transformative year for Next Gate Tech. From launching powerful new features to enhancing existing ones, we focused on delivering tools that empower users to unlock new possibilities. Whether through the integration of advanced AI capabilities or the introduction of our new Investigation Report for workflows, our priority remained clear: making the platform smarter, more intuitive, and more valuable.

This year also saw substantial growth, both in our product and as a company. None of these achievements would have been possible without the dedication of our team and the invaluable feedback from our users. As we wrapped up 2024, we took time to reflect on the accomplishments and milestones that defined our journey.

Investigation Reports: your daily command centre

A major milestone of the year was the launch of Investigation Reports, designed to centralise key insights and data. These reports present essential information from processed data, flag anomalies for closer review, and streamline the tracking and reporting of metrics with built-in KPIs and AI-generated summaries.

Since every workflow is unique, we made Investigation Reports flexible; you can choose from pre-built templates or create one from scratch. They help you stay organised, automate repetitive tasks, and track resolutions effortlessly.

Data Management: AI-driven Entity Resolution

By introducing an Entity Resolution pipeline with a centralised, multi-representation database, we now collect all processed entities and use a suite of AI/ML models to handle essential operations on this data. These new capabilities make it easier for you to manage data efficiently. You can search and modify entity representations, create custom data models, and leverage our Entity Resolution model for classification and recognition. Additionally, we improved the Flow Monitor page to help you quickly identify missing files and other data-related exceptions.

Intelligence Layer: subtle yet powerful support

We introduced AI-powered features to make your experience smoother. Smart summaries integrated into Investigation Reports use AI agents to highlight key updates on processed data and anomalies. When anomalies occur, the agents identify patterns across reports and group similar ones for faster analysis.

Our Intelligence Layer works seamlessly with your workflow. For example, during Entity Resolution, if our models encounter unfamiliar patterns, the human-in-the-loop feature triggers a review request with pre-populated predictions. This thoughtful balance of automation and human insight ensures accurate handling of complex cases, leading to faster resolutions and continuous improvement.

Library of Signals: unlocking deeper insights

To top it off, we enriched our library of analytics to better support your unique needs and workflows. The enhanced catalogue now includes powerful components such as Contribution, Valuation, Transaction Analytics, and Portfolio Reconciliation for more comprehensive portfolio insights. We also added detailed share class-level analytics through the new Share Class Flow and Share Class FX & Hedging views. Additionally, we've enhanced ESG insights with the ESG Scoring and SFDR components now integrated into our new platform, providing you with the analytics you need to make informed decisions.

R&D Grant and AI Research

To help us build and refine all these powerful features, we secured a €2.48 million R&D grant in 2024 to co-finance our €5.5 million "NGT Intelligence" project. This significant milestone supports our mission to enhance AI capabilities for smarter data management and operational insights, reinforcing our leadership in fund operations technology. The project focuses on applying advanced AI, including machine learning models for data harmonisation, anomaly detection, and process automation, further solidifying our commitment to innovation and delivering impactful solutions for the industry.

As we reflect on 2024, we're incredibly proud of what we accomplished but we're just getting started. With many exciting ideas already in motion, we're eager to continue building tools that help our users succeed. Thank you for being part of this journey, we can't wait to see what 2025 brings!

Getting Started

Our AI-driven solutions are transforming financial data management by automating labour-intensive tasks, enhancing precision, and scaling effortlessly with data growth. Get in touch with our team today to learn how we can optimize your operations and drive meaningful results.