Tech provider profile: Canoe Intelligence
Overview
Canoe Intelligence is a financial technology company dedicated to advancing alternative investment intelligence for institutional investors, capital allocators, wealth managers, and asset servicing firms. It offers a cloud-based, machine-learning technology for document collection, data extraction and data science initiatives. The solution aims to transform complex documents into actionable intelligence within seconds, and give allocators technology, data, and insights to unlock new efficiencies for their business.
- Provider type
- Software provider
- Functions
- Middle office, Back office
- Services offered
-
- Document & data automation
- Portfolio monitoring
- Research Management Systems (RMS)
- Geographies
- Europe, US, Asia, MENA, Oceania
- Year founded
- 2017
- Team size
140
- Number of offices
- 2
- Office locations
- New York City, London
- Clients serviced
- General Partners, Limited Partners
- Access model
- Web portal, API, Consultancy services
- Integrations
- Addepar, Alter Domus, Amplify Advisory Solutions, Apliqo, Backstop, Bipsync, Black Diamond Wealth Platform, Cobalt LP by Hamilton Lane, Exchangelodge, Holland Mountain, K1x, SEI, SimCorp, Simple, Venn by Two Sigma
Key team members
Jason Eiswerth
CEO
Mike Muniz
CRO
Noel Calhoun
CTO
Insights
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
What the AI?!... Canoe Intelligence
Our new AI series kicks off by exploring the burning questions with Aman Soni, VP of data strategy at Canoe Intelligence
Client details
- Total Number of PE clients
- 300
- Number of Europe-headquarted PE clients
- 50
- PE clients breakdown
- 20% EMEA, 80% US + select clients in APAC and LATAM
What users say
Gen II’s commitment to advancing the digitalization of private equity data is significant, and this strategic partnership is a testament to our dedication to providing our clients with unparalleled efficiency and accuracy. Through the integration of Canoe Intelligence, we aim to redefine industry standards and empower our clients with enhanced capabilities to navigate the complexities of fund management with ease.
Steven Millner, CEO at Gen II
Canoe provided the leverage for us to support more work with our existing team. Being able to offer more value-add services to our Family Office Services clients at scale has been a huge benefit. Aside from the initial setup of the new fund, it’s no additional work to report on more LP positions for our clients, so we’re very confident in being able to socialize the solution with our advisors. The biggest benefit has been the ability to add the additional reporting and tracking services for LPs efficiently and at scale.
Alia Wagenhoffer, SVP & head of advisory technology at Wealthspire
Our strategic decision to partner with Canoe led to a really dramatic transformation in our data processing abilities. Canoe delivered massive process differentiation, where we had to learn a new process to support what our future was with Canoe, as they introduced tasks we weren’t doing before. The process of figuring out that future was iterative with their team over the course of our sprints.
Dan Ricci, head of information systems at Prime Buchholz
Product roadmap
From the provider (March 2024):
Canoe groups its product roadmap across three major themes: Client-First, Connectivity, and Foundations.
Our Client-First theme is about helping clients define their preferences and standards, enhancing transparency and self-service capabilities, and aligning with the clients’ preferred workflows. Enhancements here are designed to empower clients with more flexibility to configure the platform to their needs without sacrificing Canoe’s high data standards. We are also focused on making enhancements to give the clients more control over access to underlying data, dashboarding, and data delivery capabilities.
Our Connectivity theme is about developing additional API capabilities and building out our integration library. Enhancements here are focused on improving and scaling Canoe’s APIs for complex and comprehensive client applications. We are also focused on making enhancements that establish additional industry standard integrations with downstream reporting and analytics systems.
Our Foundations theme is about improving the clients’ day-to-day platform experience, scaling our data management processes, and enhancing our overall technology infrastructure. Enhancements here are focused on enabling a more seamless, intuitive, and easy-to-use experience in Canoe’s platform. We are also focused on making enhancements that develop and strengthen foundational frameworks for managing data ingestion and delivery.
This content was produced in association with Canoe Intelligence
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