Wealth Write.Up launches AI statement importer for investment accounting

Wealth Write.Up introduced an AI-powered statement importer on June 18, 2026, aimed at speeding brokerage data extraction and reducing manual work for investment accounting teams. The new tool converts unstructured statements into structured transactions in seconds while keeping client data within the organization’s existing environment. Why it matters: - Wealth Write.Up is targeting a long-running bottleneck in investment accounting: manual entry of brokerage statements. - The new importer is designed to cut processing time, reduce errors and free staff for review, analysis and advisory work. - The product also emphasizes data control, which matters for firms handling sensitive client records. What happened: - Wealth Write.Up announced a new AI-powered statement importer on June 18, 2026, in Montreal. - The feature is built directly into the company’s investment accounting platform. - The importer extracts data from brokerage statements and turns it into structured transactions in seconds. - Supported source formats include Excel, PDF, TXT and scanned documents. The details: - Wealth Write.Up says the importer can reduce manual data entry time by up to 90%. - The system can reach an extraction accuracy rate of up to 99.9%. - High-confidence entries are automatically handled before accounting teams review them and post them to the general ledger. - A conversational interface helps users spot anomalies and run batch corrections and updates. - The platform is built to keep client data under the organization’s control and processed securely within its existing technology environment. - The tool is intended to handle statements that may be multipage, multi-currency, multilingual or scanned. - Radu Paraschiv, CTO of Wealth Write.Up, said manual brokerage statement entry has been one of the most labor-intensive and error-prone parts of investment accounting for nearly three decades. Between the lines: - The launch fits a broader push to apply AI to back-office finance work, where speed and accuracy can translate directly into lower operating costs. - Wealth Write.Up is also positioning the product around sovereignty and security, a likely selling point for firms that want automation without moving sensitive data outside their own environment. - The focus on automated extraction plus human validation suggests the company is aiming for augmentation rather than full replacement of accounting staff. What’s next: - Wealth Write.Up will likely use the new importer to deepen automation across its investment accounting platform. - The company may lean on its installed base of more than 250 organizations and 1,800 professionals to drive adoption. - More information is available on the company’s website. - Wealth Write.Up on LinkedIn provides additional company updates. The bottom line: - Wealth Write.Up is betting that AI can remove one of investment accounting’s most tedious tasks without sacrificing control, accuracy or data security.