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September 29, 2022
London– 29 September 2022 – Accelex, a SaaS platform redefining alternative investment data management, is pleased to announce they have entered into an agreement with Kirchliche Zusatzversorgungskasse des Verbandes der DiözesenDeutschlands (KZVK), the German partner for company pension schemes covering participating employers from the Catholic Church and charitable sectors. KZVK plans to apply the Accelex solution to a wide range of alternative investment assets, including private equity, infrastructure, private debt and real estate to bring greater efficiencies to the team. The Accelex solution digitalizes the manual process of extracting performance and transaction data – at both the fund and underlying asset level – from manager reports typically delivered in complex PDF formats.
During this exciting period of growth for the alternative investment industry, sophisticated investors like KZVK are transitioning highly manual data management workflows to modern technologies and benefitting from reductions in operational drag and associated costs while delivering better insights to their investment teams.
“We find the Accelex team, their solution as well as the development plans compelling and we are excited to work with them” said Stefan Schnurbus, Head of Private Markets at KZVK. “The Accelex solution gives us seamless access to detailed investment data across a range of manager reports and formats. As our private funds portfolio grows it is imperative we can effectively assess both funds and their portfolio companies as part of our regular performance and exposure reporting. Additionally, we intend to explore ways to extract specific ESG data in collaboration with the Accelex team”.
“KZVK is on an exciting journey towards digitization, and we are delighted to partner with such a well-established public institution to enable this transformation,” said Stuart Tait, Director at Accelex. “Our partnership will allow KZVK to focus their efforts on value added activities for their members, rather than dedicating expensive resources to the acquisition, analytics and reporting of data”.
About KZVK
Based in Cologne, KZVK is the nationwide partner for company pension schemes for participating employers from the Catholic Church and charitable sectors. With more than 1.4 million insured persons, almost 209,000 pension recipients, around 5,300 participating employers and a capital investment of around 23.9billion euros, the KZVK is one of the largest pension funds in Germany. Established by the German bishops, the KZVK has been helping to secure the employees of participating employers with a company pension for more than 45 years. A Christian institution and reliable trustee of the assets of policyholders, with great importance on investing ethically, sustainably and limiting risks. As an institution under public law, KZVK are not geared to making a profit and are not committed to any third-party interests. For more information please visit: www.kzvk.de
About Accelex
Founded in 2018, Accelex provides data acquisition, analytics and reporting solutions for alternative investors and asset servicers, enabling firms to access the full potential of critical investment performance and transaction data. Powered by proprietary artificial intelligence and machine learning techniques, Accelex solutions automate processes for extraction, analysis and sharing of difficult-to-access unstructured data. Accelex is headquartered in London, with offices in Paris, Luxembourg, New York, and Toronto. For more information please visit: www.accelextech.com
Media Contacts
Ashma Garg, Accelex - ashma@accelextech.com
David Nathanson, Buttonwood - david@buttonwoodpr.com
London– 29 September 2022 – Accelex, a SaaS platform redefining alternative investment data management, is pleased to announce they have entered into an agreement with Kirchliche Zusatzversorgungskasse des Verbandes der DiözesenDeutschlands (KZVK), the German partner for company pension schemes covering participating employers from the Catholic Church and charitable sectors. KZVK plans to apply the Accelex solution to a wide range of alternative investment assets, including private equity, infrastructure, private debt and real estate to bring greater efficiencies to the team. The Accelex solution digitalizes the manual process of extracting performance and transaction data – at both the fund and underlying asset level – from manager reports typically delivered in complex PDF formats.
During this exciting period of growth for the alternative investment industry, sophisticated investors like KZVK are transitioning highly manual data management workflows to modern technologies and benefitting from reductions in operational drag and associated costs while delivering better insights to their investment teams.
“We find the Accelex team, their solution as well as the development plans compelling and we are excited to work with them” said Stefan Schnurbus, Head of Private Markets at KZVK. “The Accelex solution gives us seamless access to detailed investment data across a range of manager reports and formats. As our private funds portfolio grows it is imperative we can effectively assess both funds and their portfolio companies as part of our regular performance and exposure reporting. Additionally, we intend to explore ways to extract specific ESG data in collaboration with the Accelex team”.
“KZVK is on an exciting journey towards digitization, and we are delighted to partner with such a well-established public institution to enable this transformation,” said Stuart Tait, Director at Accelex. “Our partnership will allow KZVK to focus their efforts on value added activities for their members, rather than dedicating expensive resources to the acquisition, analytics and reporting of data”.
About KZVK
Based in Cologne, KZVK is the nationwide partner for company pension schemes for participating employers from the Catholic Church and charitable sectors. With more than 1.4 million insured persons, almost 209,000 pension recipients, around 5,300 participating employers and a capital investment of around 23.9billion euros, the KZVK is one of the largest pension funds in Germany. Established by the German bishops, the KZVK has been helping to secure the employees of participating employers with a company pension for more than 45 years. A Christian institution and reliable trustee of the assets of policyholders, with great importance on investing ethically, sustainably and limiting risks. As an institution under public law, KZVK are not geared to making a profit and are not committed to any third-party interests. For more information please visit: www.kzvk.de
About Accelex
Founded in 2018, Accelex provides data acquisition, analytics and reporting solutions for alternative investors and asset servicers, enabling firms to access the full potential of critical investment performance and transaction data. Powered by proprietary artificial intelligence and machine learning techniques, Accelex solutions automate processes for extraction, analysis and sharing of difficult-to-access unstructured data. Accelex is headquartered in London, with offices in Paris, Luxembourg, New York, and Toronto. For more information please visit: www.accelextech.com
Media Contacts
Ashma Garg, Accelex - ashma@accelextech.com
David Nathanson, Buttonwood - david@buttonwoodpr.com
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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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