IT & cyber security
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
24 September 2021
The Drawdown Awards 2021: Winners announced
Congratulations to the winners of our recent 2021 Drawdown Awards
20 September 2021
Profile: Frédéric de Frésart, Argos Wityu
The chief information officer discusses the firm's digital transformation, key considerations to ensure security isn't breached for hybrid working models as well as why blockchain is one to watch
14 September 2021
Drawbridge hires three
Adam Menkes is global head of ops, Jacob Cane is head of strategy, while Art Murphy is director of BD
6 September 2021
Great techspectations
As private capital market tech solutions grow in number and functionality; how aligned are GPs internally when it comes to their expectations of technology systems?
17 August 2021
Holland Mountain expands to US
“It was a logical next step to establish a permanent base of operations in the US to service our growing client base”
10 August 2021
Wheelhouse partners with RFA
The partnership aims to help investment firms with specific reporting and compliance requirements
8 July 2021
The Drawdown Awards 2021: Finalists Announced
Thank you to everyone who entered, and a massive congratulations to all those that made the shortlist
29 June 2021
Drawbridge appoints COO
Scott DePetris will drive the firm’s global strategy and business operations
17 June 2021
KPMG joins campaign for reporting taxonomy
KPMG UK has become a founding member of Private Capital Data Standards Alliance (PCDS Alliance – formerly ADS Initiative)
9 June 2021
Drawbridge launches cyber risk module for PE
The module provides PE funds with a single view to monitor the cyber risk profiles of their portfolio companies in real-time
26 May 2021
Accelex secures $5m
The funding round was co-led by Illuminate Financial and AlbionVC, both of which will join the firm’s board of directors
21 May 2021
Alpha FMC buys Lionpoint in $90m deal
Lionpoint was previously backed by Blackstone, which made a minority investment in February 2019
17 May 2021
In conversation: Cyber security, an ESG concern
A recent webinar discussion explored the treatment of cyber security as an ESG practice
5 May 2021
5 minutes with… James Tedman, ACA Aponix
Tedman discusses the biggest cyber security changes in PE in the last five years, the firm’s ACA Protect and PortCo Defend products, and what’s in store for the next 12 months
4 May 2021
WATCH: What do LPs do with all the data?
A recent webinar discussion explored the way in which data is being communicated, how technology is helping both GPs and LPs, and what LPs are doing with all the information
28 April 2021
Digital transformation still in early stages
According to RFA only 10% of firms have completed their digital transformations, while 34% are in the decision making stage
28 April 2021
LISTEN: Do we even need standardisation? Episode 2
The second instalment of a recent podcast discussion examined industry body reporting efforts, and asked if standardised reporting is still necessary?
26 April 2021
Right-sourcing
A year of remote working has catalysed already changing attitudes when it comes to recruitment versus outsourcing
21 April 2021
LISTEN: Do we even need standardisation? Episode 1
A recent podcast discussion explored technological advances in data transmission, and asked if standardised reporting is still necessary?
20 April 2021
Finding a digital edge: how to approach digital transformation
George Ralph of RFA breaks down approaches to digital transformation within private equity operations, and highlights the importance of an effective data strategy
19 April 2021
WATCH: Cybersecurity, and ESG concern
Cybersecurity is a matter of good governance, as well as reputation and risk management - putting it at the heart of ESG practices
1 April 2021
The Techwork
Private equity's digital transformation has undoubtedly been catalysed by events of the past year
22 March 2021
Column: Healthy competition
Riverside Europe COO Dörte Höppner, one of the judges for The Drawdown Awards, details the importance of good service and healthy competition when it comes to service providers
16 March 2021
IQ-EQ selects Allvue for private debt & credit
The debt desk will employ FIS software for accounting and transfer agency services, DX as the 24/7 online client portal, as well as IQ-EQ’s proprietary reporting system, IQ-EQ Cosmos
11 March 2021
CFO of the Year award winner: Steve Darrington, Phoenix Equity Partners
Partner & CFO at Phoenix discusses winning a Drawdown award, setting up processes from the very beginning as well as how he's ensured ESG continues to be at the heart of the firm
9 March 2021
Long Ridge backs Drawbridge
Cyber security provider Drawbridge currently counts 300 alternative asset manager clients
8 March 2021
Technology: Cyber Security award winner: ACA Aponix
Partner Mike Pappacena explains why the firm is moving into ESG
8 March 2021
And the winner is…
Entrants to The Drawdown's Awards were asked to demonstrate business growth, innovation and client satisfaction. While the winners were rewarded based on these metrics, what's clear from speaking to all of the successful groups is they all shared three additional commonalities
5 March 2021
TiG acquires ThirdSpace
The deal was backed by BGF, with financing provided by Santander’s Growth Capital team.