Compliance software
8 March 2024
UK government set to regulate ESG ratings providers
A separate consultation will follow the announcement, which came as part of the Spring Budget
6 March 2024
Atlas Metrics partners with Bunch
The partnership combines Bunch's investor portal with Atlas Metric's ESG reporting platform
4 March 2024
Kroll launches two fraud solution tools
Risk Analytics Monitor and Managed Compliance Software use data analytics and AI technology to help automate risk management workflows
22 February 2024
Next stop – carried interest
Liquidity event delays are having an effect on waterfall calculation models
21 February 2024
Napier AI secures £45m
The investment was made by US credit asset manager Crestline Investors
6 February 2024
Ontra further builds on GPT-4 functionality
Company aims to accelerate expansion into more document types and launch additional features
2 February 2024
Robin AI launches contract defined-term checker
The additional feature means contract terms can be automatically verified and located within a document
29 January 2024
Ocorian partners up
Recently announced partnerships include those with ESG reporting solution Treety and investor onboarding platform Goji
23 January 2024
Intelligent Legal Solutions enters market with side-letter management solution
Company aims to automate side-letter management for law firms and keep billable hours for private equity firms down
23 January 2024
Alchelyst partners with Goji
Fund admin adopts fintech technology to help digitalise investor onboarding
19 January 2024
ESAs publish DORA draft RTS
Subject to approval by the European Commission, the technical standards outline the framework for good governance of ICT critical third parties
11 January 2024
Deloitte acquires Alto Advisory
Lux-grown target company assists management companies and depositaries with fund oversight activities and regulatory functions
11 January 2024
Comment: New year, new toolkit
Griff Norville of Hamilton Lane examines how private markets are embracing the next generation of tech
4 January 2024
UK regulators consult on the operational resilience of critical third parties
FCA, PRA and Bank of England welcome feedback on the proposed framework deeming certain third-party organisations as ‘critical’, to reduce any associated systemic risks to the financial services industry
21 December 2023
Canoe partners with K1x
Fintech company pushes the boat out with additional tax document automation functionality
19 December 2023
Voluntary ESG ratings code of conduct launches
ICMA and IRSG have launched the code to increase transparency in the services of ESG data providers
15 December 2023
Comment: Time for a new model
Fintech has the potential to revolutionise climate risk assessment in asset management during the next three years, writes Sergei Grechkin, chief risk officer at UFG Capital
29 November 2023
Kroll launches risk assessment tool
Offering includes portfolio monitoring and diligence, streamlined data collection and benchmarking
28 November 2023
Carbon Accounting Alliance launches
Group of 35 organisations represents emissions of 24,000 companies
24 November 2023
Magic ID secures €350k
KYC startup aims to use the funding to launch its range of ID verification tools in the UK and the EU
21 November 2023
Hawksford acquires Paradigm
The fund administrator is expanding to the Cayman Islands
21 November 2023
Katipult launches DealFlow Marketing
The add-on aims to optimise investor marketing operations
17 November 2023
Apperio’s CEO steps down
Founder Nicholas d’Adhemar created the company in 2013 to improve the management of legal costs for PE firm in-house legal teams
16 November 2023
Comply launches software and annual review service
Company aims to support chief compliance officers with growing regulatory demands
16 November 2023
Novata expands ESG platform
The technology has improved its SFDR tools to assist fund managers with data analysis and reporting requirements
16 November 2023
Ontra integrates GPT-4
The large language model will be incorporated into the firm’s AI engine Ontra Synapse
1 November 2023
Ontra launches solution for MFN election process
The new tool is the latest added to Ontra’s Insight platform
30 October 2023
BoE’s Financial Policy Committee promotes operational resilience around cybersecurity
Elisabeth Stheeman, external member of the FPC, outlines key risk factors for the finance industry
25 October 2023
Canoe Tax launches
Canoe Intelligence has expanded its product suite to include automated tax document management
23 October 2023
Kirkland launches SideTrack
Proprietary software to assist with side letter management, specifically most favoured nations clauses
16 October 2023
Blueflame AI launches
ACA’s senior adviser Raj Bakhru has co-founded the generative AI tool to help GPs structure unstructured data
12 October 2023
A&M teams up with Everlaw
Partnership to support A&M’s disputes and investigations practice with AI
9 October 2023
Apex expands ESG solutions
Fund administrator offers compliance, reporting and consulting services after its acquisition of MJ Hudson’s ESG advisory businesses
27 September 2023
What the AI?!... Montagu
Partner Daniel Fischer believes there are AI opportunities to be developed in risk management workflows
20 September 2023
Ontra expands legal operating platform
Ontra Atlas is an automated entity management solution
18 September 2023
Amicorp launches ESG reporting and rating service
The new service includes audited ESG reports, analysis, business planning and policy implementation
13 September 2023
GPs find brand perception key reason for ESG reporting
A survey conducted by Oliver Wyman and Novata highlights challenges for measuring ESG financial impact
12 September 2023
Tikehau invests in Anthesis
Tikehau shares ownership of the ESG consultancy with Carlyle, Palatine and Anthesis employee shareholders
12 September 2023
Atfinity partners with Scrive
Partnership aims to improve digital onboarding and client lifecycle processes
11 September 2023
Cardano partners with DiligenceVault
Risk and sustainability advisory firm to integrate digital diligence platform for automated ODD services
30 August 2023
MSCI expands partnership with Google
Companies to provide generative AI offering for portfolio and risk management, including climate risk
8 August 2023
IDR secures Hamilton Lane investment
Hamilton Lane has also integrated IDR’s onboarding services into its own processes
7 August 2023
The Drawdown Award Winners: John Eggleston
John Eggleston, partner and global CTO at Pantheon Ventures, was named Technology Professional of the Year at The Drawdown Awards 2023
2 August 2023
ndaOK launches NDA review tool
The AI-based tool automates non-disclosure agreement processing
26 July 2023
Quality control
CDP’s latest report analyses how a unified global regulatory approach can foster better ESG ratings and data products
24 July 2023
Iceberg Data Lab launches Barbatus
The tool uses generative AI to produce ESG data analysis
18 July 2023
Apex signs strategic partnership with Flow
The fund administrator’s clients will have access to Flow’s investor lifecycle management platform
18 July 2023
Worldfavor partners with Northpeak
The collaboration will combine Worldfavor’s sustainability data platform with Northpeak’s ESG consultancy services
28 June 2023
IQ-EQ grows compliance offering in Asia
Company has acquired compliance firms ComplianceAsia and Lymon
26 June 2023
Comment: Decision delegation
Hamish Paget-Brown, associate at ECI Partners , explores the potential of AI to lead decision making in the private equity market.
20 June 2023
ACA launches portfolio management solution
Managed Performance Services aims to assist fund managers with performance measurement and reporting features
8 June 2023
IDR appoints operations director
Karen Bee has two decades of experience in financial crime operations roles
8 June 2023
The Drawdown Awards 2023: Winners announced
Congratulations to all of the winners of The Drawdown Awards 2023
17 May 2023
Survey: How is your digital transformation progressing?
The digital transformation of private capital funds continues to gather pace – The Drawdown, in partnership with IQ-EQ, is once again taking the pulse of the private capital fund market's digital transformation
11 May 2023
AssetMetrix partners with Proof
Partnership sees launch of ESG tool focused on compliance with SFDR
11 May 2023
Profile: Mark Pleaner, Lightrock
The chief compliance officer believes a dedicated compliance function is a vital catalyst across operations, deal-doing and culture
10 May 2023
Daaappa rolls out standalone software
Company hopes to address needs around data transparency, customisation and aggregation
5 May 2023
Intapp acquires Paragon Data Labs
The platform aims to accelerate compliance disclosure workflows