Boston, August 11, 2020 –Bank of America recently launched Socialize, a social media content creation platform that leverages market-leading artificial intelligence and natural language processing technologies to enable wealth advisors on social media to easily create a unique personal brand, engage clients and prospects, and nurture new relationships while managing supervision at scale. Advisors have experienced access to better, more sophisticated, targeted content that is easier to post manually or automatically. The content is also screened for compliance—a major feature.

Aite Group’s Impact Innovation Awards are designed to recognize and celebrate innovation achieved by financial institutions leveraging technology to surpass the status quo. Award recipients are leading the industry by identifying and implementing new products, capabilities, or levels of automation and effectiveness that are bringing our industry one step closer to next-generation wealth management.

Clients of Aite Group’s Institutional Wealth Management service can download this nine-page Impact Brief. To learn more about the topic covered in this Impact Brief, please contact us at [email protected].

This report mentions Bank of America Merrill, Grapevine6, and Proofpoint.