Rage Frameworks unveiled its LiveWealth Intelligent Agent platform this week. The technology, powered by Rage’s aggregation engine, extracts and interprets data from paper and electronic sources and uses semantic intelligence to read both structured and unstructured data. This enables wealth managers to better monitor and act on information that might affect client portfolios.

Rage Frameworks CEO Dr. Venkat Srinivasan called the platform a “pioneering innovation” saying it “delivers the cognitive intelligence and automation capabilities wealth managers require, enhancing their ability to service their institutional and high-net-worth clients.”

From left: Rage Frameworks’ Nick Adams, VP banking solutions, and Aashish Mehta, SVP banking solutions, demonstrated at FinovateSpring 2015.

LiveWealth Intelligent Agent aggregates data from all U.S. and most international custodians, and normalizes it to client-specified formats. The technology is highly configurable, and provides managers with a wall-to-wall audit trail. In addition to a variety of analytics tools, LiveWealth’s Portfolio Analytics engine enables dynamic rebalancing and attribution, including portfolio modeling, multi-asset classification, and benchmark comparisons. The platform can be deployed alongside existing infrastructure without additional coding.

Rage Frameworks was founded in 2007 and is headquartered in Dedham, Massachusetts, with offices in Pune and Belgaum, India. Its LiveCredit platform was demoed at FinovateSpring 2015. In November, Rage Frameworks announced a partnership with Genpact, combining artificial intelligence technology with business process automation. In August 2015, the company launched its Real Time Intelligence (RTI) platform for capital markets.