Login Newsletter Subscribe Search

Technology

KPMG joins campaign for reporting taxonomy

KPMG UK has become a founding member of Private Capital Data Standards Alliance (PCDS Alliance – formerly ADS Initiative)

PE needs to spend more on data management

State Street's report found 70% of alternative asset managers said they need to spend more money on data management to handle increased pressures and demands

Freyda secures backing from Google

Freyda uses AI and NLP to extract and normalise data from complex documents for pension funds, endowments, asset managers

LemonEdge receives $2.5m

“LemonEdge brings a complete no- and low-code solution to the challenges of general ledger accounting for the private capital market”

Broadridge PE blockchain solution partners with AWS

The platform allows independent auditor access and adds connectivity to existing industry tools and tech to further automate workflows between the front-, middle- and back office functions

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

Arcesium launches performance allocations product

PerformA is tailored for private equity, fund administrators and hedge funds

What do LPs do with all the data?

A recent webinar discussion explored what information is being transmitted from GPs to LPs

CSC buys PEF Services

The acquisition has accelerated CSC’s fund services growth plans in the US, as well as added expertise and a robust tech platform to CSC’s suite of solutions

Allvue partners with Lionpoint

This partnership enables Allvue’s clients to tap into Lionpoint’s strategic advisory, operating model optimisation, tech road mapping and solution selection as well as systems integration services

Linklaters launches side letter automation tool

The tool extracts and groups similar provisions and merges duplicate clauses while increasing efficiency during investor negotiations

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

Alpha FMC buys Lionpoint in $90m deal

Lionpoint was previously backed by Blackstone, which made a minority investment in February 2019

In conversation: Cyber security, an ESG concern

A recent webinar discussion explored the treatment of cyber security as an ESG practice

IQ-EQ adopts Allvue for debt business

Using Allvue's software enables IQ-EQ to provide clients with loan agent and private debt loan administration services

Profile: Sedef Köktentürk, Blue Horizon

The managing partner & COO discusses upgrading the impact investor's technology and processes, how the niche strategy impacts her role, and how being an Olympic athlete taught her the value of collaboration and cooperation to achieve goals

5 minutes with… Mike Muniz, Canoe Intelligence

The chief revenue officer explains what the software does, how the business came about and technology upgrade plans for the future

PE embraces alternative data

Alternative data has been commonplace in hedge funds for 15 years, but private equity firms are now upping their use of this information flow.

eFront’s Tait joins Accelex

Accelex automates processes for extraction, analysis and sharing of investment performance and transaction data, using proprietary AI and ML

Allvue opens Singapore office

Edward Bee joined Allvue as region head for APAC and will head up the new office

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

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

Procensus extends to PE

The regulated platform aims to help investors understand market consensus on macro topics such as key ESG issues, market transactions (M&A and IPOs), stocks and stock specific events

Cobalt updates portfolio monitoring platform

Cobalt claims this is the industry’s first self-service portfolio monitoring solution

5 minutes with…  Robin de Gruchy-Wilson, Oakbridge Fund Services

The co-founder & managing director discusses the firm’s key focuses, how it secured backing from ED Group as well as technology and platforms it currently uses

The Techwork: Christopher Conradi, FSN Capital Partners

"Technology is personal - let people pick the phone they want, the laptop they want and the software tools they want."

HWM acquires Koger

The deal has been backed by Lovell Minnick Partners, a financial services and tech-focused PE firm

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?

The Techwork: Simon Andersen, 3i

“Today, digitalisation is at the heart of 3i’s investment strategy and operating model."

The Techwork: Neil Patel, Apax Partners

“The key focus at present is improving agility, introducing and pioneering technology that allows the firm to work more efficiently as it grows.”

The Techwork: Peter Finden Bamrud, Verdane

"We are building a machine learning centre to enable portfolio companies that have progressed to more advanced levels of their data journey to harness their data to a much larger extent.”

Former Centerbridge CFO joins qashqade board

Gelfand was most recently senior MD & CFO of private investment firm Centerbridge Partners, for nearly 13 years, until he retired from the role in 2018

Profile: Magdalena Pasecka, Innova Capital

The partner and CFO discusses her reasons for leaving and returning to Innova, operational challenges of CEE-funds as well as why being a woman in PE is an advantage

The Techwork: Alex Mathers, Inflexion

“My job isn’t to take over from the management team, it’s to help them get to the right priorities and find the right people to help them.”

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?

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

The Techwork: Mark Peacock, Nordic Capital Advisors

“We’ve taken a much more aggressive IT security stance, aided by the implementation of key preventative, detection and response technologies.”

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

The Techwork: John Eggleston, Pantheon

“Technology and data transformation are priorities for us to ensure successful growth, investment returns and customer service as a global investor.”

Holland Mountain partners with Canoe

The partnership enables Holland Mountain’s newly-upgraded ATLAS data platform to connect with Canoe’s technology, for mutual clients

ACA enhances regulatory tech platform

The upgrades have been driven by the evolving risk from Covid-19, as well as the continually developing regulatory environment

MUFG IS partners with MJ Hudson on ESG reporting tool

The solution allows data to be collected in an automated way, with an overlay of ESG expertise from analysts, while being tailored to private markets

The Techwork: Olof Hernell, EQT

"We decided to build our own operational platform that is totally scalable and future-proofed for what I think will be much higher demands in the future.”

The Techwork: Stuart Mair, BC Partners

“We want to ensure that we utilise and optimise our data, providing better insights for the business using the full Microsoft BI stack, reporting visualisations and analysis.”

Agile fund management

The major advantage of setting up something fresh is having a clean slate with the ability to adopt the latest learnings and technologies. This is exactly what fund administrator Highvern did when it set up its processes and ways of working

The Techwork: Andy Sobek, Permira

"I’m trying to build capability to keep the dealdoing machine well oiled. Deal doers are smart and entrepreneurial and my job is to underpin their work; to support quicker and better deal doing.”

Holland Mountain upgrades data platform

ATLAS aggregates data from any source and provides business users and senior executives with centralised access to real-time data

The Techwork: Ahmed Khamassi, Stirling Square Capital Partners

“The main improvement we want to make in terms of technology is to ensure it is designed with our people in mind.”

The Techwork: Kevin Muller, Coller Capital

“We have a multi disciplined view on data; the tools we use and how people consume data. We’re running a multi-year data maturity initiative.”

The Techwork

Private equity's digital transformation has undoubtedly been catalysed by events of the past year

MUFG IS launches ESG reporting tool

The reporting tool initially uses RepRisk data and MUFG IS plans to add further data sources

Allvue partners with Got Your Back

The partnership provides fund accounting solutions for Got Your Back's alternative fund management clients

Hermance launches digital investment platform

The platform connects HNWs and institutional investors with private markets funds via low minimum ticket sizes

5 minutes with… Simon Thornton, PEARonline

Simon Thornton, founder of private equity investor portal and fundraising data room PEARonline discusses the company’s origins, the importance of secure data transmission and upgrade plans

Valutico explores ESG valuations

Valutico has received a €200,000 innovation grant from the Vienna Business Agency to support the project

Advisory / Consultancy: Operations & Technology award winner: Holland Mountain

CEO Barnaby Piggott talks about why clients value the firm's independence

InCloudCounsel launches Insight

Insight aims to allow fund managers to manage LP obligations to across all funds in one centralised platform

Rising Star of the Year award winner: Dawid Sawicki, Kennet Partners

The financial controller discusses winning the Rising Star award, stepping up to FC during the finance team's transition period and various processes, systems and the CFO forum he's implemented

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

Foreign exchange services award winner: Alpha FX

Alpha FX's dedication to the alternatives space means the team focuses on problem solving above all else