Surge Ventures

🚨 Cybersecurity in Focus 🚨 As a follow-up to Cybersecurity Awareness Month, Sid Yenamandra, CEO of RegVerse and Founder of Surge Ventures, continues to share key insights from a recent panel discussion with experts across wealth management and regtech. From tackling SEC cybersecurity regulations to leveraging AI for smarter security solutions, Sid's conversation highlights the shared responsibility in building trust and staying ahead of evolving challenges. 🤝 Thanks to Aaron Spradlin of United Planners Financial Services, Melinda ("Mimi") LeGaye of MGL Consulting LLC. and Srikanth Chavali of Kitecyber for your contribution and views. 👉 Stay tuned for the full article and more actionable insights! https://lnkd.in/gBNA5Mtx #Cybersecurity #WealthManagement #Regtech #datasecurity #AI

Quantifying Compliance ROI: How Fusion1, OmnibusX, and Avery Offset Risk, Save Time, and Minimize Errors When it comes to compliance, small improvements add up fast. With the Fusion1 Risk Offset Model, we’re quantifying the real, measurable impact of a unified compliance platform. Here’s how: 1. Compliance Hours Reclaimed: With 40% of time saved on routine tasks, a team gains back nearly 600 hours annually—adding 3 months of productivity. 2. Error Reduction Multiplier: By automating workflows, we reduce error rates by up to 80%, minimizing manual mistakes and ensuring accurate compliance records. 3. Risk Reduction Impact: From avoided fines to incident cost savings, OmnibusX and Avery proactively protect against costly compliance incidents, potentially saving $175K a year. 4. Compliance Efficiency Multiplier: Combined efficiencies of 240% demonstrate how Fusion1 amplifies compliance efforts with proactive monitoring and AI-driven insights. 5. Annual Cost Savings: Together, Fusion1, OmnibusX, and Avery yield over $200K in annual savings through a mix of time efficiency, risk reduction, and error minimization. The takeaway? With these solutions, compliance isn’t just a box to check—it’s a strategic advantage, freeing teams to focus on what matters most. www.regverse.com; www.kovair.com ; www.surgeventures.com #Fusion1 #ComplianceEfficiency #RiskOffsetModel #ProactiveCompliance #OmnibusX #AverybyRegVerse

Regtech and cybersecurity: Sid Yenamandra of Surge Ventures brings us the second part of his discussion on cybersecurity opportunities and challenges in this month’s Regtech Surge column with Aaron Spradlin of United Planners Financial Services, Melinda ("Mimi") LeGaye of MGL Consulting LLC. and Srikanth Chavali of Kitecyber. #regtech #wealthtech #WealthSolutionsReport #WealthManagement https://lnkd.in/gBNA5Mtx

Unlocking Compliance ROI: Save Time, Minimize Risk, Maximize Impact 📊 💼 In today’s regulatory landscape, the value of efficient compliance can’t be overstated. Our integrated platform—Fusion1, OmnibusX, and Avery—is designed to drive measurable impact and offer clear returns on investment for your compliance efforts. Here’s a snapshot of how our unified compliance solution delivers real results: 💼 Reclaim Valuable Hours: Free up 40% of your team’s time, equating to nearly 600 hours annually—translating into 3 extra months of productivity. ✅ Slash Errors: With automated workflows, reduce error rates by up to 80%, enhancing the accuracy and reliability of compliance records. 🛡️ Mitigate Risks: Avoid hefty fines and costs associated with compliance incidents—saving your firm up to $175K per year. 📈 Maximize Efficiency: Achieve a 240% boost in compliance efficiency through proactive monitoring and AI-powered insights. 💰 Significant Cost Savings: Together, these solutions deliver over $200K in annual savings by optimizing time, reducing risk, and minimizing errors. 🔑 Unlock the power of compliance as a competitive edge with our platform. Ready to elevate your compliance strategy? 👉 Contact us to learn how Fusion1, OmnibusX, and Avery can streamline compliance for your firm! https://lnkd.in/dN5hSfBV #welthmanagement #regtech #compliancemanagement #regulatorycompliance

🌐 Redefining GRC for Wealth Management: AI-Driven, Connected, and Ready for the Future 💲 Financial services need more than isolated tools to manage risk and compliance effectively. They need a fully integrated, AI-powered GRC platform that brings together regulatory intelligence, data management, and automated workflows. That’s Fusion1. Here’s how Fusion1 drives this transformation: 📈 Regulatory Intelligence: Keeps you ahead of constant regulatory changes 🔄 Data Integration: Ensures smooth data flow across all risk elements ⚙️ Smart Workflows: Automates compliance tasks, reducing manual errors Why Surge Ventures? 👍 Our build, acquire, invest model accelerates innovation by combining top technologies with our internal expertise. This unique approach scales with the regulatory landscape, ensuring flexibility and growth. Our Edge 💻 With Fusion1, our expertise in RegTech, AI, and financial services creates a GRC platform that’s not only fit for today but anticipates the needs of tomorrow. 👉 Ready to elevate your risk management? Let’s connect to discuss how Fusion1 can future-proof your GRC strategy! https://lnkd.in/dnZ7ZvPd #wealthmanagement #regtech #GRC #riskmanagement #compliance

Up next at #RIAActivate California: an enlightening Fireside Chat on AI! 🤖 Fireside Chat: How AI Can Work for You, Not Against You Is AI just a buzzword, or is it the key to transforming your RIA practice? Join experts Gabe Rissman (Co-Founder and President, YourStake), Ivan Illán, AIF®, CFS® (Chief Investment Officer, Aligne Wealth Advisors Investment Management (AWAIM®)), and Sid Yenamandra (Founder & CEO, Surge Ventures) as they discuss the real impact – and potential – of AI in wealth management. Get ready for an eye-opening session on how AI can elevate your business strategy! Learn more here: https://hubs.la/Q02XF-5s0 #AIinFinance #WealthManagement #RIAActivate #InvestmentNews #FinancialAdvisors

We're halfway through #RIAActivate California! 🎉 Here’s a quick recap of today’s inspiring sessions: 🔹 Unlocking the Talent Pipeline: Shelby Nicholl (Catalyst, Muriel Network), JC Abusaid (Halbert Hargrove), Alanah Phillips, MBA (The American College of Financial Services), and Tamara Williams (The Williams Consulting Group) shared strategies to attract, incentivize, and retain NextGen advisors for a future-ready workforce. 🔹 Macro Picture, Asset Allocation & Blind Spots: Charles "Chuck" Failla, CFP® (Sovereign Financial Group, Inc) and Ryan Dykmans, CFA (Dunham & Associates) unpacked economic insights post-election, including potential impacts on asset allocation and key risks. 🔹 Mastering M&As to Grow Your Practice: Moderator Michael Wunderli (ECHELON Partners), Sandra Cho (Pointwealth Capital Management), Vincent Gimarelli (AssetMark), Jordan Greenhouse (Lido Advisors, LLC), and Jonathan Hoy (Perigon Wealth Management, LLC) shared best practices and timing strategies for acquisitions to enhance firm value. 🔹 How AI Can Work for You: Gabe Rissman (YourStake), Ivan Illán, AIF®, CFS® (Aligne Wealth Advisors Investment Management (AWAIM®)), and Sid Yenamandra (Surge Ventures) discussed AI's transformative impact, from trend analysis to regulatory compliance. Stay tuned as we continue to dive into these topics and more! Don’t miss out on the key strategies, tools, and insights transforming the RIA industry. Follow along for the latest updates! Find out more here: https://hubs.la/Q02X-mPm0 #WealthManagement #FinancialAdvisors #Innovation #FinancialAdvisors

🌟 Compliance Reimagined: The Future is Here! Achieving true compliance takes more than just meeting regulations. With Fusion1, OmnibusX, and Avery by RegVerse, firms gain a smarter, more resilient approach to risk and data management. Here’s how each solution drives value: 🔗 OmnibusX by Kovair Software – Data Integrity Engine 🔸 A secure and synchronized data framework that powers compliance processes end-to-end 🔸 Ensures data remains accessible, accurate, and audit-ready Integrates seamlessly to support real-time compliance and surveillance 🤖 Avery by RegVerse – AI-Driven Compliance Co-Pilot 🔸 Real-time regulatory insights with automated policy updates 🔸 Streamlines audits and monitors compliance changes as they happen 🔸 Provides firms with a “compliance navigator” to simplify complex requirements 🔧 Fusion1 – Smart Compliance Workflow Engine 🔸 Low-code platform managing branch audits, attestations, and onboarding 🔸 Proactive alerts and real-time cyber surveillance for emerging threats 🔸 Delivers continuous risk monitoring to safeguard client information 💼 Why Settle for Less? 🌟 This powerful trio helps firms reduce errors, save time, and avoid costly fines. Take your compliance to the next level. 👉 Let’s connect to discuss how we can revolutionize your compliance approach! Contact - https://lnkd.in/dzWFSUuy #wealthmanagement #regtech #fintech #compliancemanagement #AIcompliance

🚀 Big news! Accelerating Innovation in Wealth Management 🌟 Lighthouse Wealth Tech Labs, an incubator founded by the creators of Beacon Strategies, LLC, has partnered with Surge Ventures to bring transformative solutions to the wealth management industry. This collaboration leverages cutting-edge technology to empower financial professionals, helping them grow their practices without becoming tech experts. 💼 What This Partnership Brings:  🔸 Plug-and-play solutions to streamline workflows for advisors.  🔸 A focus on business efficiency to enhance client relationships.  🔸 Access to Surge Labs, providing mentorship and resources for startups shaping the future of wealth tech. ✒️ Chip Kispert, Founding Partner of Lighthouse, shared: "Through this partnership with Surge Ventures, we will accelerate innovation and bring new, adaptable solutions to market that align with advisors’ business goals." ✒️ Sid Yenamandra, CEO of Surge Ventures, added: "Lighthouse is an ideal partner for Surge Labs," and "By working together, we can fuel the next generation of solutions that will not only meet the immediate needs of wealth management but also position advisers for future success." 📌 What’s Next? Lighthouse will initially focus on simplifying transitions for advisors and enhancing communication with clients, ensuring practices grow without interruption. 🚀 The future of wealth management looks bright — stay tuned for more - https://lnkd.in/gcZkNiAz #WealthManagement #FinTech #Innovation #FinancialAdvisors #WealthTech #BusinessGrowth

It’s Friday! Are you truly passionate about your work, or is it time for a change? Life is too short to spend so much of it working on something that doesn’t inspire you. If you’re curious, eager to make an impact, and want to help shape the future, consider #cybersecurity and check out the myths about the field that we de-bunk in the video below. With AI rapidly advancing, we need to make advancements in detecting what is real vs what is fake as that is getting harder. Deep fakes and other AI model abuses are becoming harder to detect, but as cybersecurity professionals, I am optimistic that we can protect the digital world from these threats. Over the past two decades, I’ve thrived on the adrenaline of battling malware, fraud, and security vulnerabilities. Protecting organizations from breaches and helping others do the same has been a rewarding experience. Thank you to Stanford University, Google, GV (Google Ventures), Dasient, and Twitter for for helping shape my interests in the field. And to LifeLock, Symantec CBU / NortonLifeLock, and QuantumScape, thank you for trusting me with the responsibility of safeguarding your organizations. It’s been an incredible journey learning so much as a multiple-time public company CISO, and sharing some of those learnings through Stanford Online offerings!