ALBERTA INVESTMENT MANAGEMENT CORPORATION
SELECTS ACCELEX FOR PRIVATE MARKETS DATA MANAGEMENT
AUTOMATION OF QUARTERLY FUND PERFORMANCE DATA WORKFLOWS
TORONTO, CANADA – NOVEMBER 18, 2020 – Accelex, a data acquisition, analytics and reporting solution for private markets investors and asset servicers, is pleased to announce they have entered into an agreement with leading Canadian institutional investment manager, Alberta Investment Management Corporation (“AIMCo”). The Accelex solution digitizes the typically manual process of extracting investment performance data – at both the fund and underlying asset level – from quarterly fund reports for delivery into downstream reporting solutions.
With modern alternative investment technologies offering increasingly sophisticated portfolio management and analytics capabilities, the demand for seamless data management workflows has never been greater. Kim Thompson-Springer, Senior Manager, Private Investment Assets at AIMCo commented, “Replacing what has been a very manual process, Accelex is bringing automation via an optimized data extraction workflow, underpinned with a comprehensive data audit trail. Ultimately, we expect to gain deeper investment insights in a scalable, timely and cost-effective manner for the benefit of our clients.”
AIMCo is a leader in the Canadian investment management community and we are delighted to partner with them as a key enabler in their digital transformation” remarked Michael Aldridge, President at Accelex. “These firms are among some of the largest alternative investors globally and represent a community we believe can benefit enormously from our next-generation technology”.
Accelex (accelextech.com) provides a data acquisition, analytics and reporting solution for investors and asset servicers enabling firms to fully leverage their investment data. Powered by proprietary artificial intelligence and machine learning techniques, Accelex automates processes for extraction, analysis, and sharing of critical investment performance and transaction data. The solution has been developed to simplify the demanding workflow requirements of investors and their asset servicers. Headquartered in London, Accelex has offices in Paris, New York and Toronto.
About Alberta Investment Management Corporation
Alberta Investment Management Corporation (AIMCo) is one of Canada’s largest and most diversified institutional investment managers with more than $115 billion of assets under management. AIMCo was established on January 1, 2008 with a mandate to provide superior long-term investment results for its clients. AIMCo operates at arms-length from the Government of Alberta and invests globally on behalf of 31 pension, endowment and government funds in the Province of Alberta. For more information on AIMCo please visit www.aimco.ca.
Accelex Technology Limited ('Accelex', 'we', 'us' and 'our') is a private limited company registered in England and Wales under Company Register Number 11889359 and with its registered office at 39 Faroe Road, London W14 0EL, United Kingdom.
This notice describes how Accelex fulfils its obligations under applicable data protection laws, including but not limited to, Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 (the General Data Protection Regulation or GDPR) effective from 25 May 2018.
Information we may collect
We may collect and process the following personal data about you:
Information that you provide by filling in our 'contact us' or enquiry forms on our website accelextech.com, i.e. name, email, phone numbers, job title, organization name
Information such as your name, email, job title, organization name, dietary preferences shared with us by our marketing event partners or when you forward our hosted event invites to other delegates and they RSVP
Your name, email, phone numbers, job title, organization name as shared by you via business cards, direct mail, telephonic or in-person contact
We may also collect and process personal data which is publicly available by a third party such as held on LinkedIn, Facebook and Twitter
When you access our website accelextech.com, details of your visits to our site (including, but not limited to, traffic data, location data, weblogs and other communication data, and the resources that you access)
We may also ask you for information when you contact us for any enquiries, product demos, partnership information or other business interests. If you contact us, we may keep a record of that correspondence.
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Where we store your personal data
We maintain strict security standards and procedures with a view to preventing unauthorized access to your data by anyone, including our staff. All our staff and third parties, whenever we hire them to provide support services, are required to observe our privacy standards and to allow us to audit them for compliance.
Why we require this data
We require and collect the personal information about you:
To provide you with information, products or services that you request from us or which we feel may interest you where you have consented to be contacted for such direct marketing purposes
To carry out our obligations arising from any contracts entered into between you and us or to manage our relationship with you and communicate accordingly
To meet our on-going regulatory and compliance obligations, including in relation to recording and monitoring communications, disclosures to tax authorities, financial service regulators and other regulatory and governmental bodies, and investigating or preventing crime
To undertake transactional and statistical analysis, and related research
To ensure that content from our website is presented in the most effective manner for you and for your computer (or mobile device). We may use your information collected from the website to personalize your repeat visits to our website
We may also use your data to provide you with information about goods and services provided by Accelex which may be of interest to you and, where you have provided consent, we may contact you about these by post, telephone, email or text message.