Unlocking private markets: Accelex and Northern Trust's AI Partnership

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October 31, 2024

Accelex was recently featured in Northern Trust's Alts in the AI Era: An LP’s Perspective report, which saw the global financial institution partner with Alternatives Watch to survey nearly 100 global asset allocators.

The report highlights how artificial intelligence (AI) is transforming alternative investments, particularly for institutional investors such as limited partners (LPs), and the impact it has on data transparency, due diligence, portfolio monitoring and ultimately, decision-making.

Accelex’s scalable technology provides our asset allocator clients the ability to ingest, curate and use data, leading to insights and improved investment decision making.
Melanie Pickett, Executive Vice President, Northern Trust


This partnership aligns with our mission to help asset servicers and institutional investors unlock insights from complex, unstructured data, facilitating more informed investment decisions.

"Our partnership with Northern Trust highlights the growing importance of AI-powered technologies in transforming alternative asset management. Together, we're pushing the boundaries of what's possible, enabling smarter decision-making and fostering greater transparency in a rapidly growing asset class.
Michael Aldridge, President of Accelex

Data fragmentation and complexity in private markets

Data velocity is a key requirement for asset servicers and institutional investors in private markets. Ready access to rich and granular portfolio data is vital to profitable investment decisions and accurate client reporting.

However, due to the complexity of data integration, the flow from data to insight is often far too slow. Whether hampered by time-consuming manual data processes, cumbersome in-house analytics tools, or the complications of reconciliation systems, the result is the same: firms waste time and resources on surfacing data.

As a result, they frequently overlook critical insights related to investment and risk decisions. In an increasingly competitive landscape, asset servicers and institutional investors must adopt a faster, more intuitive approach to converting data into insights and actions. This agility is vital to maximizing their investment potential and achieving greater profitability.

Overcoming these challenges with AI

AI, particularly tools like machine learning and natural language processing, offers a way to overcome these challenges. Northern Trust’s report reveals how AI can:

  • Improve data transparency: AI enables investors to better track private market assets, such as private equity and real estate.
  • Accelerate due diligence: Machine learning streamlines the analysis of large, unstructured datasets.
  • Enhance portfolio monitoring: AI improves decision-making across asset classes by identifying trends and insights.

As a result, there is increasing appetite among investment managers according to Northern Trust’s report:

69% plan to use AI for investment operations in 2024

65% plan to use AI for manager due diligence in 2024

Nearly 70% plan to integrate AI into their investment operations by 2024

Enter Accelex

From acquisition to analytics, Accelex transforms unstructured private market documents into actionable investment data and insights that drive superior outcomes.

By providing innovative technology that uses AI and ML techniques to automate data extraction, Accelex is digitalizing traditional data workflows to deliver tangible benefits.

The Accelex platform automates traditional private markets workflows while revealing deeper investment insights from unstructured alternative investment documents. Institutional investors and asset servicers benefit from superior operational and investment outcomes.

Contact us at info@accelextech.com to discover the future of private markets.

Check out our previous insights on ESG Data: The key to sustainable investments in private markets, The five must-have data points from GP fund reports and Your guide to data-driven decision-making in private markets.

Accelex was recently featured in Northern Trust's Alts in the AI Era: An LP’s Perspective report, which saw the global financial institution partner with Alternatives Watch to survey nearly 100 global asset allocators.

The report highlights how artificial intelligence (AI) is transforming alternative investments, particularly for institutional investors such as limited partners (LPs), and the impact it has on data transparency, due diligence, portfolio monitoring and ultimately, decision-making.

Accelex’s scalable technology provides our asset allocator clients the ability to ingest, curate and use data, leading to insights and improved investment decision making.
Melanie Pickett, Executive Vice President, Northern Trust


This partnership aligns with our mission to help asset servicers and institutional investors unlock insights from complex, unstructured data, facilitating more informed investment decisions.

"Our partnership with Northern Trust highlights the growing importance of AI-powered technologies in transforming alternative asset management. Together, we're pushing the boundaries of what's possible, enabling smarter decision-making and fostering greater transparency in a rapidly growing asset class.
Michael Aldridge, President of Accelex

Data fragmentation and complexity in private markets

Data velocity is a key requirement for asset servicers and institutional investors in private markets. Ready access to rich and granular portfolio data is vital to profitable investment decisions and accurate client reporting.

However, due to the complexity of data integration, the flow from data to insight is often far too slow. Whether hampered by time-consuming manual data processes, cumbersome in-house analytics tools, or the complications of reconciliation systems, the result is the same: firms waste time and resources on surfacing data.

As a result, they frequently overlook critical insights related to investment and risk decisions. In an increasingly competitive landscape, asset servicers and institutional investors must adopt a faster, more intuitive approach to converting data into insights and actions. This agility is vital to maximizing their investment potential and achieving greater profitability.

Overcoming these challenges with AI

AI, particularly tools like machine learning and natural language processing, offers a way to overcome these challenges. Northern Trust’s report reveals how AI can:

  • Improve data transparency: AI enables investors to better track private market assets, such as private equity and real estate.
  • Accelerate due diligence: Machine learning streamlines the analysis of large, unstructured datasets.
  • Enhance portfolio monitoring: AI improves decision-making across asset classes by identifying trends and insights.

As a result, there is increasing appetite among investment managers according to Northern Trust’s report:

69% plan to use AI for investment operations in 2024

65% plan to use AI for manager due diligence in 2024

Nearly 70% plan to integrate AI into their investment operations by 2024

Enter Accelex

From acquisition to analytics, Accelex transforms unstructured private market documents into actionable investment data and insights that drive superior outcomes.

By providing innovative technology that uses AI and ML techniques to automate data extraction, Accelex is digitalizing traditional data workflows to deliver tangible benefits.

The Accelex platform automates traditional private markets workflows while revealing deeper investment insights from unstructured alternative investment documents. Institutional investors and asset servicers benefit from superior operational and investment outcomes.

Contact us at info@accelextech.com to discover the future of private markets.

Check out our previous insights on ESG Data: The key to sustainable investments in private markets, The five must-have data points from GP fund reports and Your guide to data-driven decision-making in private markets.

Unlocking private markets: Accelex and Northern Trust's AI Partnership
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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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