New York, USA
,
March 2, 2022
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 the investment management division of a major North American insurance company for the provision of their next-generation data management solution. Accelex digitizes the typically manual process of extracting investment performance data – at both the fund and underlying asset level – from regular fund manager reports.
With more than 100 investment professionals and over $100bn in assets, the firm has a large and diverse private markets fund portfolio which is set to continue its growth trajectory. Key to their consistently outstanding returns is the detailed assessment of manager, fund and asset performance through the careful monitoring of regular fund update reports. With Accelex bringing significant automation to this data workflow the firm can free up resources, away from manual processing, allowing them to focus on delivering better investment performance insights.
“We are delighted to be working with Accelex. Their data acquisition solution brings automation to what has historically been a largely manual process and, at the same time, offers us quality data at scale underpinned by a full audit trail,” stated the firm’s investment director, private equity. “The technology will be hugely beneficial when applied to the fund performance reporting we regularly receive from our GP partners”.
“Leveraging the very latest data science, artificial intelligence and machine learning techniques, Accelex streamlines the extraction of data from a wide range of alternative investment documents with little or no human intervention”, explained Kevin Jennings, director, North America at Accelex. “We are excited to partner with our latest client as a key element in their digital transformation, delivering on our promise of streamlining investment operations”.
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 the investment management division of a major North American insurance company for the provision of their next-generation data management solution. Accelex digitizes the typically manual process of extracting investment performance data – at both the fund and underlying asset level – from regular fund manager reports.
With more than 100 investment professionals and over $100bn in assets, the firm has a large and diverse private markets fund portfolio which is set to continue its growth trajectory. Key to their consistently outstanding returns is the detailed assessment of manager, fund and asset performance through the careful monitoring of regular fund update reports. With Accelex bringing significant automation to this data workflow the firm can free up resources, away from manual processing, allowing them to focus on delivering better investment performance insights.
“We are delighted to be working with Accelex. Their data acquisition solution brings automation to what has historically been a largely manual process and, at the same time, offers us quality data at scale underpinned by a full audit trail,” stated the firm’s investment director, private equity. “The technology will be hugely beneficial when applied to the fund performance reporting we regularly receive from our GP partners”.
“Leveraging the very latest data science, artificial intelligence and machine learning techniques, Accelex streamlines the extraction of data from a wide range of alternative investment documents with little or no human intervention”, explained Kevin Jennings, director, North America at Accelex. “We are excited to partner with our latest client as a key element in their digital transformation, delivering on our promise of streamlining investment operations”.
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