Wand Blog

Wand AI Acquires Accern, Expanding Real-Time Data Capabilities

Written by Wand Team | Feb 7, 2025 5:00:00 AM
Read story on Forbes.com

Wand AI has acquired Accern, a provider of real-time data infrastructure used across finance, compliance, asset management, and risk.

This acquisition strengthens Wand’s platform with direct access to billions of structured and unstructured data points — enabling faster decision-making, deeper insight generation, and more autonomous execution across complex workflows.

“What does this acquisition mean for our customers? Simply put, Wand AI agents will gain enhanced capabilities by extracting and aggregating contextual data, delivering core insights from billions of data events in a comprehensive and actionable manner. The agents will be able to process vast amounts of information, making real-time decisions, and executing complex workflows with unprecedented precision.

For industries like finance, asset management, compliance, and risk management, this means turning information overload into strategic advantage.

The acquisition is part of Wand AI’s broader move to advance AI agents with sophisticated data and tooling capabilities, enabling autonomous operation and significantly enhancing their ability to tackle complex tasks beyond today’s standards.”

- Wand CEO, Rotem Alaluf

Bringing Accern into Wand is a strategic move that deepens our technical foundation and extends what our agents will be capable of. It’s a major step toward building more intelligent, autonomous systems that can handle the demands of real enterprise work.

Read the full story on Forbes