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CyborgTech Shortlisted for Tech of the Future by Banking Tech Awards

Updated: Apr 29

Red Bank, NJ – October 12, 2023 - CyborgTech, a prominent technology company, is delighted to announce that its innovative Cy platform has earned a coveted nomination for "Tech of the Future" by the Banking Tech Awards. This honorable recognition reflects CyborgTech's unwavering dedication to client success, and its innovative technology that empowers financial advisors to deliver tailored, cutting-edge investment solutions.


The Cy platform is a wealth tech solution that seamlessly melds the convenience and engagement of a robo-advisor with a highly personalized touch and an array of machine-optimized investment choices. Setting itself apart in the industry, Cy offers a unique profiling experience, enabling clients to define customized benchmarks, ensuring investment strategies that precisely match individual risk tolerance and return requirements.


At the core of Cy lies the proprietary CyborgTech machine optimization engine, a product of collaboration between WBI Investments, LLC, and software affiliate CyborgTech, LLC. This sophisticated technology harnesses advanced algorithms to sift through a vast universe of over 30,000 mutual funds, ETFs, and SMAs to curate top-performing passive, active, and alternative managers. The outcome is a suite of machine-optimized portfolios meticulously designed to maximize upside potential while targeting specific levels of loss.

Wealth Tech Platform

Cy is more than just a platform; it's a comprehensive solution that empowers financial advisors to simplify their investment process and create personalized strategies tailored to the unique needs and goals of their clients. By seamlessly integrating financial planning tools with advanced investment solutions, Cy enables advisors to streamline their operations, giving them more time to focus on delivering exemplary client service and cultivating enduring relationships.


“We are profoundly honored to receive this esteemed nomination from the Banking Tech Awards for 2023,” remarked Don Schreiber, Jr., CyborgTech’s Chief Visionary Officer. “This nomination serves as a testament to Cy's significant impact on the advisory sector and our standing as an industry trailblazer.”


Matt Schreiber, CEO of CyborgTech, further emphasized, “Our cutting-edge financial technology is poised to transform how advisors and institutions serve their clients. This nomination underscores our commitment to reshaping the future of wealth management.”


The Banking Tech nomination follows a series of accolades for CyborgTech. In 2023, the Cy platform earned its 3rd straight Fintech Breakthrough Award for “Best Robo Advisory Platform”, while CyborgTech's machine optimization engine consistently receives accolades for its advanced capabilities and transformative impact on the fintech industry.


To learn more about Cy, visit cyborgtech.io, or contact Rick Kundracik, Director of WealthTech Solutions, at rkundracik@wbiinvestments.com.




About Banking Tech

The Banking Tech awards cover a wide range of categories reflecting the broad impact of technology in the banking and fintech industry. Winning a Banking Tech Award is a testament to a bank or financial institution's technology investments as well as their team's skills, commitment, creativity and execution. For software providers, this recognition is a valuable endorsement of products and services. And for individuals and teams, a Banking Tech Award is a prized acknowledgement of one's skills, leadership, vision, inspiration and dedication to the industry's betterment. The Banking Tech Awards are owned and produced by FinTech Futures. For more information, visit the Baking Tech Awards Website here.


About CyborgTech

CyborgTech, LLC is a pioneer in advanced financial technology, providing state-of-the-art solutions to financial advisors, broker-dealers, banks, and other institutions worldwide. With its proprietary machine optimization engine and other innovative tools, CyborgTech is dedicated to transforming the fintech landscape and enabling financial professionals to deliver exceptional, customized investment solutions with unparalleled efficiency and precision.


About WBI

WBI Investments, LLC is a leading provider of investment management solutions, with a longstanding commitment to helping financial professionals optimize their clients' financial outcomes. By combining innovative technology, research-driven strategies, and exceptional service, WBI empowers advisors and institutions to create and maintain successful investment portfolios tailored to the unique needs and preferences of their clients. For more information visit wbicy.com.


Consideration for these awards is not a guarantee of future performance. WBI Investments LLC and CyborgTech LLC submitted applications for review. Entry fees were paid for the Banking Tech and US Fintech submissions, but there was no direct or indirect compensation to Fintech Breakthrough Awards for any rankings and/or awards. The awards programs are conducted on an annual basis. The companies received the Banking Tech nomination in October 2023, US Fintech nomination in August 2023, and received the FinTech Breakthrough awards in March 2021, March 2022, and March 2023. For more information on the award categories and judging process, visit Banking Tech, US Fintech Awardsand FinTech Breakthrough.



Press Contact:

Ann Schreiber

President, CyborgTech LLC

732-757-7971



Disclosure


This document does not constitute advice or a recommendation or offer to sell or a solicitation to deal in any security or financial product. It is provided for information purposes only and on the understanding that the recipient has sufficient knowledge and experience to be able to understand and make their own evaluation of the proposals and services described herein, any risks associated therewith and any related legal, tax, accounting or other material considerations. To the extent that the reader has any questions regarding the applicability of any specific issue discussed above to their specific portfolio or situation, prospective investors are encouraged to contact WBI or consult with the professional advisor of their choosing.

Certain information contained herein has been obtained from third party sources and such information has not been independently verified by WBI. No representation, warranty, or undertaking, expressed or implied, is given to the accuracy or completeness of such information by WBI or any other person. While such sources are believed to be reliable, WBI does not assume any responsibility for the accuracy or completeness of such information. WBI does not undertake any obligation to update the information contained herein as of any future date.


Except where otherwise indicated, the information contained in this presentation is based on matters as they exist as of the date of preparation of such material and not as of the date of distribution or any future date. Recipients should not rely solely on this material in making any future investment decision.

There is no guarantee that the investment objectives will be achieved. Moreover, past performance is not a guarantee or indicator of future results.

WBI is registered with the Securities and Exchange Commission (SEC). Registration of an investment adviser does not imply any specific level of skill or training.

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