CHICAGO and TRIVANDRUM, India, June 16, 2015 /PRNewswire/ -- Envestnet, Inc. (NYSE: ENV) announces that Envestnet India and the National Association of Software and Services Companies (NASSCOM^®) have partnered to host the NASSCOM Tech Series "Architecting Intelligence" conference for software architects. The conference will take place at Vivanta by Taj in Trivandrum, India on June 20, 2015. More information about the conference is available at http://www.nasscom.in/architectingintelligence/.

"The disruptive threats to financial advisors continue to grow as more digital advice platforms incorporate artificial intelligence algorithms into their architecture," said Bill Crager, President, Envestnet. "When AI is powered by Big Data and cloud computing, it empowers advisors to provide timely and holistic advice that clients expect in today's digital age. We are fortunate to have Envestnet India as a resource to help develop the tools advisors need to fully harness AI."

The conference will provide software architects with insight into how software design and architecture will evolve in the near term, and how they can take advantage of deep learning algorithms, Big Data analytics, and cloud computing to provide AI-as-a-Service. This phenomenon envisions a cloud-based AI system which enables advisors to find the client-specific data they require in seconds, and report that information in context to clients—and do so on-demand from anywhere in the world.

"The possibility of infusing intelligence into systems has always been exciting to software architects, and AI-as-a-Service is going to transform the way they design and architect software," said Anilal Ravi, Executive Vice President and Senior Managing Director of Engineering, Envestnet India. "Envestnet is proud to engage software architects through this conference to redefine the way they think about AI, and help them leverage it to create smarter solutions." 

The conference's keynote speaker is Gerd Leonhard, CEO of The Futures Agency and a noted futurist. Mr. Leonhard will discuss "AI as a Utility," sharing his insights into the scope of AI-as-a-Service in the future, how it would influence software development in general and business opportunities, and other related topics.

"The rapid rise of AI in a variety of industries presents many opportunities for IT professionals in India and other countries," said R. Chandrashekhar, President, NASSCOM. "As a technology leader, you need to be cognizant of, and adapt to the need for, 'architecting intelligence' to position yourself and the products you design squarely at the crossroads of this paradigm shift. We look forward to working with Envestnet India at this event, which will provide architects with the opportunity to find out how they can leverage the latest technology to architect their future integrated solutions."

About Envestnet
Envestnet, Inc. (NYSE: ENV) is a leading provider of unified wealth management technology and services to investment advisors. Our open-architecture platforms unify and fortify the wealth management process, delivering unparalleled flexibility, accuracy, performance, and value. Envestnet solutions enable the transformation of wealth management into a transparent, independent, objective, and fully-aligned standard of care, and empower advisors to deliver better outcomes.

Envestnet's Advisor Suite^® software empowers financial advisors to better manage client outcomes and strengthen their practices. Envestnet provides institutional-quality research and advanced portfolio solutions through our Portfolio Management Consultants group, Envestnet | PMC^®. Envestnet | Tamarac provides leading rebalancing, reporting, and practice management software.

Envestnet's offshore development center, based in Trivandrum, India, works collaboratively with our technology centers in Silicon Valley and Seattle to develop innovative and scalable solutions that empower investment advisors to deliver excellence in wealth management.

For more information on Envestnet, please visit www.envestnet.com and follow @ENVintel (https://twitter.com/envintel).

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SOURCE Envestnet, Inc.