Auvenir re-brands as Streamworks Tech, launches AI-powered workflow and engagement solutions
Deloitte has completed the sale of Auvenir, a leading provider of cloud-native, accountech and compliance platforms, to the Company’s management team comprising Pete Myers, Neeraj Sharma, and Tim Parker. As a part of the transaction Auvenir re-branded as Streamworks Tech.
Founded as a Deloitte venture to automate engagement and client collaboration, the Auvenir team has helped develop audit software with major audit and assurance customers including Deloitte, Audit New Zealand, and other government entities. Auvenir also has significant traction with Canadian Certified Public Accountant (CPA) firms using its quality management compliance solution and its engagements product used for preparations, compilations, reviews, and audits.
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Streamworks Tech has just launched its artificial intelligence (AI) powered system for quality management in the United States in collaboration with CPA Club, which includes ongoing monitoring and seamless migration from existing tools.
“We are proud of what Deloitte and Auvenir have achieved together, and Deloitte believes this is the best long-term path for the Company and this team.” said Jean-Marc Mickeler, Deloitte Global Audit & Assurance leader. “Streamworks Tech is well-positioned to continue building on its existing strengths under its current leadership.”
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Pete Myers, Streamworks Tech CEO, added “We have always had a laser focus on serving firms, enterprises, and the public sector with a clear mission to help professionals navigate complexity with the latest technology tools, including AI, that deliver confidence, compliance, and agility. Our dynamic solution has been successfully deployed for audit, assurance and compliance workflows and can now be easily configured for any type of client engagement across many verticals.”