Technology
31 July 2020
JFSC to develop shared KYC tool
The shared tool enables users to verify customers’ identities
30 July 2020
RFA launches managed data services
Cloud, cybersecurity and digital transformation specialist RFA has launched its managed data services platform
30 July 2020
Mercatus releases PDF data extraction tool
PDF Parser is an AI and ML solution for uploading PDFs to improve data quality
29 July 2020
Temenos launches AI tool for fund admins
The firm claims it is the first to launch a software of this kind
27 July 2020
Mercatus releases new data interface
The interface allows investors to configure, clone and share integration formulas related to performance, operating, incidents and ESG reports, as well as contracts and other agreements
27 July 2020
Anduin Transactions partners with Aduro Advisors
The partnership integrates Anduin’s digital fund subscription platform into Aduro’s FundPanel
23 July 2020
JP Morgan AM partners with Hazeltree
Clients can use Hazeltree’s tech to manage multi-bank relationships across all fund structures while accessing JP Morgan’s liquidity
23 July 2020
Steadying the ship
Can a solid operating platform provide much needed certainty in an increasingly uncertain world?
22 July 2020
Maples Group partners with IHS Markit
The partnership allows data on credit activity to automatically integrate into Maples’ accounting system
21 July 2020
MUFG selects Broadridge’s loan tracking tech
Partnership comes off the back of strong growth in the private debt, credit and direct lending market
16 July 2020
Online investment platform Titanbay launches
It provides medium-sized institutional and professional private investors to access private equity and alternatives funds
15 July 2020
Standish adopts Astrella
Standish Management will use Astrella's data to support LP reporting and communications, capital calls and distributions as well as partnership accounting
9 July 2020
Cobalt partners with Lionpoint
The partnership will assist PE firms wanting to integrate tech into their investment processes
9 July 2020
LP expert Graye joins forces with qashqade
LP expert and industry advocate Lorelei Graye joins qashqade’s executive advisory
30 June 2020
eVestment partners with Assette for data integration project
The partnership aims to improve asset managers' data integration into client and sales communications
25 June 2020
5 minutes with… René Kampschulte, Keytrack
The managing director talks about why he created the VC portfolio management software, the ultimate goal for the product and why he won’t rule out expanding to PE in the future
25 June 2020
Apperio expands into US
The legal technology provider is initially targeting corporate enterprises with $5m or greater legal spend and PE firms
25 June 2020
AcordIQ launches waterfall validation service
The platform aims to help GPs by providing them with independent verification on waterfall calculations
25 June 2020
eVestment launches report building module
The Excel Report Builder enables GPs to recreate their clients’ report templates in the app by selecting the required data points and configurations
24 June 2020
Cobalt partners with A&M Valuation Services
The partnership responds to ever-growing internal and external demands around portfolio data and reports
22 June 2020
Talking tech: FSN’s Conradi on tech culture
Part two of our two-part series explores how Conradi is handling the firm’s digital transformation, challenges around tech working culture and his plans for the next year
18 June 2020
Talking tech: FSN’s Conradi on digital roles
Part one of our two-part series discusses Conradi's career move from the tech industry to PE; his newly-created CDO role; as well as what PE can learn from tech
16 June 2020
ASI and Cambridge Uni partner for portfolio risk assessment platform
Incorporating Cambridge’s system into ASI's PRISM enables the platform to quantify the effects of various potential and emerging real life risks on a portfolio
15 June 2020
CFOs must cope with lack of recognition
Despite the broadening and increasing complexity of their roles, private equity CFOs lack adequate recognition, according to Investec's latest report
11 June 2020
EQT secures largest ESG-linked sub line
EQT's Therése Lennehag: "With this ESG-linked financing facility, we actively contribute to increasing the availability of high-quality ESG data, critical for the financial markets to be able to build a resilient and regenerative economy"
10 June 2020
iLevel co-founder Boggio joins Cobalt as CCO
He will head up Cobalt’s commercial activities, including driving further client acquisition efforts for the firm
9 June 2020
GPs see digitisation as a growth enabler
The Intertrust PE Report Summer 2020 survey, found technology and digital functionalities are key in helping firms to achieve greater transparency
8 June 2020
Special sauce
The Drawdown caught up with some of the UK's leading special situations investors to find out how they've been reacting to the crisis
5 June 2020
5 minutes with… Matthew Hardcastle, DealCloud
Hardcastle talks about his move from Inflexion to DealCloud, challenges of upgrading IT and why it’s important to get peer feedback before making any tech changes
4 June 2020
It’s never too data
Data is the here and now. So how do you actually use it? What steps can you take today?
4 June 2020
ESMA proposes cloud outsourcing guidelines
The guidelines aim to mitigate any potential risks firms may face as a result of outsourcing cloud services and ensure they are handled appropriately
1 June 2020
Keytrack launches VC portfolio management tool
The software aims to siimplify portfolio management for VC firms
21 May 2020
MJ Hudson’s WFH survey predicts permanent change
The preliminary findings reveal the ways in which new working conditions are impacting the industry, as well as an about-turn on remote working mind sets.
18 May 2020
WGAM invests in Validus
WGAM believes Validus is well-positioned to respond to growing needs of managing operational risks
18 May 2020
Colmore establishes ML and data team
Kamil Leoniuk and Lukasz Szczesiak to lead Colmore's new business unit focused on machine learning and data automation
18 May 2020
ODD times
Later stage operational due diligence appears to be pushing through to legals, but more broadly, these exercises will likely be permanently impacted by the crisis
14 May 2020
Join us: CTOs & digital networks
Part three of our mini series: this instalment highlights the lack of available forums for CTOs & digital professionals, and what they could look like if they did exist
14 May 2020
iCapital Network buys Artivest
Artivest is a technology platform which provides HNWs access to private equity and hedge funds
13 May 2020
Stirling Square appoints head of data science
Ahmed Khamassi joins the firm's newly created Innovation and Sustainability team
7 May 2020
SS&C partners with FLX Distribution
The partnership enables asset managers to access fund services and distribution opportunities in one place
5 May 2020
Addepar launches digital Marketplace
The platform connects HNW clients with private capital market funds
4 May 2020
The demo is in the detail
Sitting back and watching software demos might seem like a good idea right now, but in reality they require a lot of prep and careful consideration
30 April 2020
Upgrading tech talent
With more demands on PE firms to provide better quality data and reports, a number of GPs are upgrading their talent
29 April 2020
Apex partners with Triple Point
Apex will use Triple Point's blockchain platform to connect its clients with buyers and sellers on the secondary market
15 April 2020
Stop using Zoom, now
Following recent reports of Zoom's poor security, experts advise ditching the platform
15 April 2020
Going back to your roots
Inefficient reporting methods continue to vex LPs. It’s time to go back to the source
7 April 2020
Comment: Post C19, time for a re-brand?
Corporate photographer Douglas Fry believes private equity has an opportunity to change its image post-pandemic
7 April 2020
Citco launches tech platform for GCs
The platform aims to harmonise admin of global entities
6 April 2020
The operating committee
A number of large private equity houses are setting up operating committees in response to the major tasks now faced by non-deal team members
6 April 2020
WFH best practice: Life in lockdown
Consultants 3LDC return with their next instalment, this time looking at the longer term impacts of remote working and how to adapt processes
3 April 2020
Time to bring in the (remote) experts
With private equity firms moving to remote working set ups, now is the time to bring in experts adept at this way of working
2 April 2020
IQ-EQ launches investor solutions offering
IQ-EQ has launched an investor solutions offering, a real-time reporting tool named Cosmos
31 March 2020
WFH best practice: Emergency response phase
Nick Murphy from consultancy 3LDC outlines the do's and don'ts for the first phase of working from home
27 March 2020
Apex launches digital banking platform
The solution processes and opens bank accounts without physical documents
25 March 2020
iCapital Network raises $146m
Funding round led by Ping An saw BlackRock take a significant minority stake
25 March 2020
SS&C acquires Captricity
Captricity is a machine learning solution that translates paper and handwritten documents into a digital format
25 March 2020
C5’s Piennar on handling the pandemic
“We are seeing a surge in demand for cybersecurity services” - C5 Capital
23 March 2020
MJ Hudson acquires Meyler
US-based Meyler specialises in marketing services and analytics for alternative assets
20 March 2020
The new PE playbook
McKinsey urges sponsors and their portfolio companies to adjust quickly to the COVID-19 outbreak
16 March 2020
The Profile: Stephen Richmond, CFO Abris Capital
Stephen Richmond tracks his journey from investment director to CFO, and the nuances of operating funds in central and eastern Europe