Accelex launches data extraction solution

Accelex has launched a private debt and securities solution that automates the extraction of data for LPs and asset servicers.

The product aims to streamline data extraction across strands of capital structures in different funding rounds for private market investors, so they can benefit from insights on return performance relative to risk.

“In a less benign monetary environment, investors in private market funds are looking to better understand their exposures, investment risks and drivers of performance, especially for private debt strategies. Accelex's clients have been asking us to help them extract granular data that gives insights into the risk and return characteristics of the full capital structure of the underlying assets,” commented Nicole Weder, co-founder and chief product officer at Accelex.

The launch follows Accelex’s rollout of its portfolio analytics platform in May 2023.

Prior to that, Accelex launched a document management platform in March this year.

The Drawdown recently spoke to Weder and the firm’s product director Boris Lavrov to understand how AI is transforming data extraction and analytics.