Accelex launches document management platform
Accelex has launched an automated document management platform to provide actionable accounting data and investment insights.
According to the company, it uses artificial intelligence and machine learning techniques to categorise, classify and tag documents to increase efficiency in document management. The tool should provide a consolidated content feed from a GP’s variety of channels, including investor portals and emails, to the Accelex data extraction platform and via direct API connectivity to other portals such as SS&C Intralinks and FIS Digital Data Exchange.
“Accelex strives to provide innovative technology that enables investors to achieve their target risk-adjusted returns in the private markets while also making significant operational efficiency gains through workflow automation,” said Nicole Weder, chief product officer at Accelex. “Superior investment outcomes require exposing and understanding the fundamental drivers within portfolios, which can only be derived from accessing, managing and analysing granular data in fund reports. Historically, this has been a very manual and resource-intensive process.”
The launch is the company’s latest bid to provide an increasingly automated offering, after its partnership with qashqade towards the end of 2022.