IT & cyber security
23 September 2022
Allvue partners with IQ-EQ
Partnership sees the integration of the both providers’ front- and back office offerings, with a focus on private debt funds
22 September 2022
MJ Hudson partners with SLIB
The partnership aims to improve governance and transparency around risk exposures
21 September 2022
Apex launches impact investing solution
The tool should enable investors and companies to demonstrate measurable positive impacts
21 September 2022
ACA acquires Ethos ESG
The acquisition sees ACA expand its advisory business with tech-based analytics
19 September 2022
In conversation: Power to the LP
Highlights from a recent roundtable event examining the growing influence of investors in private equity fund management
16 September 2022
Canoe expands offering to GPs
Previously, the automation tool for document and data management was aimed at LPs
9 September 2022
Allvue names Streetman as CEO
Appointment follows departure of Mark Heimbouch earlier this year, after one year in the role
8 September 2022
Edda secures $5.8m
The fresh capital will be deployed to hire talent and build out the product offering
7 September 2022
Apex partners with Iveniam
Partnership sees Apex expand its offering to include valuation-as-a-service
6 September 2022
Ark launches fund ops platform
The cloud-based tool aims to automate fund operations and investor reporting while plugging into off-the-shelf general ledger solutions
6 September 2022
Hazeltree opens fintech engineering centre in Bournemouth
The centre will be staffed by software developers, product managers and owners, DevOps and client services tasked with designing, building, and onboarding new clients
31 August 2022
TDA 2022: CFO of the Year: Rebecca Noyes, Alderwood
We explore the Noyes' rapid development, including her focus and impact which the judges described as beyond that of a traditional CFO
31 August 2022
TDA 2022: COO of the Year: Steven Whitaker, Equistone
We explore the operational improvements Whitaker made that enhanced the overall capabilities of the firm
30 August 2022
Mercatus launches mass data onboarding feature
The Bulk Data Management tool aims to increase data transparency and quality by structuring the data validation process
30 August 2022
Novata partners with Frazier & Deeter
The partnership aims to support identification of ESG metrics and disclosure requirements
24 August 2022
Code & Co partners with int3
The partnership will see due diligence provider Code & Co expand its offering to include cyber security
24 August 2022
TDA 2022 IT Provider: Managed Service provider winner: RFA
George Ralph, global managing director and CRO at RFA explains how actively understanding the industry rather than reacting to client issues sets it apart from its peers
23 August 2022
Hazeltree secures $14m investment
The funding round was led by FINTOP capital, whose co-founder and managing partner Rick Kushel will sit on Hazeltree’s board, joined by Hamilton Lane.
23 August 2022
TDA 2022 IT Provider: Cyber Security winner: Drawbridge
Drawbridge's founder and CEO Jason Elmer explains why the platform's private equity module was a game changer and considered extremely valuable
22 August 2022
Valutico launches VC valuation solution
The company hopes to increase the accuracy of start-up valuations
18 August 2022
Novata launches SFDR reporting solution
The tool should allow portfolio companies to produce tailored SFDR reports
17 August 2022
PE firms under pressure to outsource
There has been a significant increase in enquiries from PE firms looking to outsource since last year, Ocorian reports
11 August 2022
TDA 2022 Advisory/Consultancy: Operations & Technology winner: Holland Mountain
The team describes how the consultancy seeks to build genuine partnerships with clients to support ongoing success
10 August 2022
Data analytics should be top priority for service providers
EY believes off the shelf solutions will no longer work to achieve GPs’ data requirements
8 August 2022
73 Strings partners with LemonEdge
The partnership aims to facilitate the flow of data between portfolio monitoring and accounting modules
8 August 2022
Champions league
The Drawdown Awards recognise the very best in private equity operations, awarding outstanding service provision and operational leaders.
3 August 2022
Data, cyber security and AI compliance: managing the evolving landscape
Debevoise & Plimpton’s Robert Maddox and Martha Hirst detail how new cyber and privacy rules from regulators worldwide will impact PE firms, and provide five key tips to stay ahead
28 July 2022
Depending on data
Key takeaways from The Drawdown’s most recent breakfast briefing event, which discussed how private equity professionals are defining their data strategies
21 July 2022
Outsourcing vs insourcing: is there another way?
Clifford Norton and Gilles Pelosato of AssetMetrix explore the key drivers behind both outsourcing and insourcing, and explain how technology-as-a-service can offer an alternative path.
30 June 2022
FFL invests in Abacus
Abacus Group is a global IT managed services provider for alternative investment firms
24 June 2022
Eze partners with Untap
The strategic partnership aims to offer an integrated tech platform for PE built around Microsoft technology.
10 June 2022
ACA appoints CFO
Neeraj Karhade joins from retail business Transformco where he was CFO
10 June 2022
Gen II selects NTT
The partnership aims to accelerate the firm’s digital transformation
31 May 2022
ACA merges with Foreside
Both businesses had received backing from Genstar Capital, now the lead investor of the combined business
23 May 2022
Could NLP be the silver bullet for the asset servicing industry’s challenges?
Tim Mietus of Citco Technology Management asks if natural language processing could be an essential tool for data integration in lieu of greater industry standardisation and ever-growing capacity woes
26 April 2022
Intapp and KPMG AG announce strategic alliance
Partnership aims to accelerate digital transformation for professional services and capital markets firms
21 April 2022
Private equity and hedge funds’ cyber security demands converge
Tom Cole, managing director - UK & Europe, Abacus Group, charts private equity’s increasing needs for robust cyber security,
20 April 2022
Techwork 2022: Juri Pervjakov, BaltCap
“With increasing workloads, we’ve had to consider the new role of the back office, how to streamline processes and automate workflows"
14 April 2022
Unlimited partnership
Over the past year, there has been a surge of partnership agreements between various private equity-focused tech providers. Additionally, these same tech providers have joined forces with a number of service providers. But who is doing what, with who?
8 April 2022
Techwork 2022: Frédéric de Frésart, Argos Wityu
"Our IT infrastructure has evolved into a single hybrid network. Everyone uses and shares the same tools. That has been a huge evolution for our employees because it completely changed the way we work"
7 April 2022
Techwork 2022: Hind el Gaidi, Astorg
“Our ultimate aim is to capture the full value chain. From fundraising right the way through to exits, we want to ensure we have best of breed systems in place that will help us to ensure every part of the process is going well.”
6 April 2022
Techwork 2022: Patrick Gloor, Montana Capital Partners
“The most important part of my work was and still is, constantly improving cyber security while maintaining the flexibility needed by our employees.”
4 April 2022
Techwork 2022: Ash Patel, ECI Partners
“Some of my main achievements for the firm include outsourcing our IT services to a managed service provider (MSP) so I can put a greater focus on the strategy and governance part of IT"
4 April 2022
The Techwork 2022
Our annual Techwork report charts the industry’s digital progress by focusing on a select group of individuals responsible for this crucial work
25 March 2022
Drawbridge launches industry advisory board
The IAB aims to foster an open exchange of ideas and best practices to help advance cyber defences for the alternative investment community
17 March 2022
PE and private debt still behind on digital transformation
Broadridge’s latest report found only 12% of PE and private debt respondents identified as leaders when considering their digital maturity level, compared with 41% of other investment and asset managers
24 February 2022
Accordion acquires Platform Specialists
The acquisition enhances Accordion’s CFO technology practice, providing PE managers with a range of people, process and technology-related services
23 February 2022
CFOs: cost and resource constraints prevent ESG integration
Intertrust’s latest survey found this to be the biggest obstacle CFOs face when integrating ESG into their investment processes
19 January 2022
Drawbridge appoints three
The cyber security software provider also creating a DEI office to expand its talent pool and employee development
10 January 2022
Operational forecast for 2022
We take a look at Alpha FMC’s predictions for PE operations this year, as well as individual forecasts for CFOs, COOs, CTOs, CDOs and heads of compliance
17 December 2021
LemonEdge partners with Chronograph
The partnership aims to streamline private capital markets’ front-to-back office investment operations
9 December 2021
LISTEN: Talking tech transformation
Hear the insights and expert views of five PE and VC finance and tech professionals on key tech trends
29 November 2021
LPs prefer outsourcing
SS&C Intralinks' 2022 LP survey found that 38% of institutional investors surveyed prefer a manager to use a fund administrator
25 November 2021
Comment: Alternative managers challenged to build virtual fort knoxes
The cash-in, cash-out nature of fund management requires sophisticated cyber controls, write Jeremy Slade and Don Jefferis of Hazeltree
18 November 2021
Allvue partners with SteelBridge
The partnership will see SteelBridge assist Allvue’s clients with planning, data migration, implementation, data aggregation and post implementation of Allvue’s newly-launched PE and VC essentials platform
8 November 2021
Cyber psychology
With cyber attacks increasing, the matter can no longer be an IT problem. It's time for private equity to see cyber threats as a major business risk, and with that, human behaviour needs to be front and centre.
12 October 2021
Broadridge launches AI-powered AML solution
Machine-learning-based solution is for financial services firms that want to enhance their AML surveillance to detect illicit money flows and bad actors
7 October 2021
LISTEN: The Drawdown speaks to Private Equity Technology Podcast
Alice Murray, editor of The Drawdown, speaks to Lisa Weaver-Lambert and Alex Agran of the Private Equity Technology Podcast
29 September 2021
Alpha FX launches alternative banking platform
Solution allows GPs to open overseas bank accounts in less than a week
27 September 2021
RFA launches Application Lifecycle Management
The tool provides an additional step that performs a static code of analysis against security vulnerabilities during the build process