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February 12, 2025
As data volumes grow and reporting requirements become more complex, administrators are grappling with how to manage and govern data effectively while meeting rising client expectations.
With this in mind, Accelex, in partnership with FactSet, undertook research to explore the current state of the fund administration sector, identify critical pain points, and assess how service providers are responding to industry challenges.
Central to this investigation is the role of emerging technologies—particularly artificial intelligence (AI)—as a strategic lever to enhance operational efficiency, improve data quality, and meet the evolving needs of clients.
To gather insights, we conducted in-depth interviews with senior executives from 16 leading fund administration firms. These firms collectively oversee more than $13 trillion in assets under administration (AUA) and employ over 53,000 professionals worldwide. The participants represented a cross-section of the industry, including large, medium, and small service providers.
This study aims to guide industry stakeholders in navigating a rapidly evolving landscape, where strategic adaptation and technological innovation are critical to sustaining competitive advantage.
Private markets growth is creating data headaches
Private market growth, driven by factors like increased retail participation and the rise of private credit, is reshaping the operational priorities of fund administrators. From ensuring data accuracy and timeliness to navigating fragmented systems, administrators are under pressure to deliver operational excellence while maintaining exceptional service quality.
AI is emerging as a powerful tool to address these demands. Early adopters are already leveraging its capabilities to transform processes, streamline workflows, and enhance reporting accuracy. The report explores the role AI can play in overcoming today’s challenges and positioning firms for long-term success.
Michael Aldridge, President and CRO of Accelex, commented: “The fund administration industry is at a pivotal moment, where balancing operational efficiency with exceptional service quality has never been more critical. As private markets expand and regulatory demands rise, administrators face mounting challenges in data governance, a cornerstone of compliance, scalability, and client reporting. By streamlining workflows, enhancing accountability and meeting complex regulatory requirements, AI-driven data governance empowers administrators to build trust, foster transparency, and position themselves as leaders."
Why you need to read this report
Whether you’re a fund administrator, investor, or industry stakeholder, understanding the key trends and technologies shaping the future of private markets is essential. This report offers valuable insights into:
Key market trends shaping the future of fund administration
- What clients prioritize most in their partnerships with fund administrators
- The most pressing challenges facing the industry today
- Innovative solutions and strategies firms are leveraging to overcome these challenges
- How fund administrators are adopting AI to transform operations and drive success
Get the whitepaper now to explore actionable insights and strategies for navigating this transformative period in fund administration:
Download your copy now
As data volumes grow and reporting requirements become more complex, administrators are grappling with how to manage and govern data effectively while meeting rising client expectations.
With this in mind, Accelex, in partnership with FactSet, undertook research to explore the current state of the fund administration sector, identify critical pain points, and assess how service providers are responding to industry challenges.
Central to this investigation is the role of emerging technologies—particularly artificial intelligence (AI)—as a strategic lever to enhance operational efficiency, improve data quality, and meet the evolving needs of clients.
To gather insights, we conducted in-depth interviews with senior executives from 16 leading fund administration firms. These firms collectively oversee more than $13 trillion in assets under administration (AUA) and employ over 53,000 professionals worldwide. The participants represented a cross-section of the industry, including large, medium, and small service providers.
This study aims to guide industry stakeholders in navigating a rapidly evolving landscape, where strategic adaptation and technological innovation are critical to sustaining competitive advantage.
Private markets growth is creating data headaches
Private market growth, driven by factors like increased retail participation and the rise of private credit, is reshaping the operational priorities of fund administrators. From ensuring data accuracy and timeliness to navigating fragmented systems, administrators are under pressure to deliver operational excellence while maintaining exceptional service quality.
AI is emerging as a powerful tool to address these demands. Early adopters are already leveraging its capabilities to transform processes, streamline workflows, and enhance reporting accuracy. The report explores the role AI can play in overcoming today’s challenges and positioning firms for long-term success.
Michael Aldridge, President and CRO of Accelex, commented: “The fund administration industry is at a pivotal moment, where balancing operational efficiency with exceptional service quality has never been more critical. As private markets expand and regulatory demands rise, administrators face mounting challenges in data governance, a cornerstone of compliance, scalability, and client reporting. By streamlining workflows, enhancing accountability and meeting complex regulatory requirements, AI-driven data governance empowers administrators to build trust, foster transparency, and position themselves as leaders."
Why you need to read this report
Whether you’re a fund administrator, investor, or industry stakeholder, understanding the key trends and technologies shaping the future of private markets is essential. This report offers valuable insights into:
Key market trends shaping the future of fund administration
- What clients prioritize most in their partnerships with fund administrators
- The most pressing challenges facing the industry today
- Innovative solutions and strategies firms are leveraging to overcome these challenges
- How fund administrators are adopting AI to transform operations and drive success
Get the whitepaper now to explore actionable insights and strategies for navigating this transformative period in fund administration:
Download your copy now
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About Accelex
Accelex provides data acquisition, analytics and reporting solutions for investors and asset servicers enabling firms to access the full potential of their investment performance and transaction data. Powered by proprietary artificial intelligence and machine learning techniques, Accelex automates processes for the extraction, analysis and sharing of difficult-to-access unstructured data. Founded by senior alternative investment executives, former BCG partners and successful fintech entrepreneurs, Accelex is headquartered in London with offices in Paris, Luxembourg, New York and Toronto. For more information, please visit accelextech.com
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