Alternative data specialist Eagle Alpha, has added AI-driven financial information technology provider Causality Link’s data to its library of alternative data supplied to asset managers, private equity professionals and corporate enterprises.
Research & Analytics
Aon and eVestment have formed a strategic partnership to provide operational due diligence (ODD) research through the eVestment platform, recognising the need for more transparency and standardisation of ODD information.
London-head-quartered asset management consultancy, MJ Hudson, has acquired fund and portfolio performance specialist PERACS.
Landmark Information – a provider of information to the UK’s property market – has has acquired the Environmental, Social and Governance (ESG) due diligence platform, RiskHorizon, from global sustainability consultancy Anthesis Group.
AST Private Company Solutions (AST PCS) has formed a new strategic partnership with HC Global Funds Services, (HC Global) as a provider of fund administration services to seed fund, accelerator fund, venture, and private equity funds as well as special purpose vehicles.
29Bison, a human capital management consultant for private equity and venture capital firms and their portfolio companies, has launched AlphaCalc, a business intelligence platform that enhances due diligence, portfolio-monitoring, and value-creation processes.
The alternative fund management industry is witnessing a huge rise in the volume and diversity of data being ingested, as technology innovation facilitates firms in their research and portfolio construction activities; not to mention using advanced analytical tools to improve the quality of fund reporting.
In a recent white paper entitled Evolution in Asset Management, SEI pointed out that 70 per cent of US fund managers are currently looking to deploy advanced analytics in the front-office. The field of data science and machine learning-based data analysis is helping to transform how fund managers think about data to gain a competitive edge.
Substantive Research Limited, a provider of research analysis to asset managers, has secured a GBP800,000 growth capital investment from Foresight Group.
CEPRES, a provider of portfolio forecasting for Private Markets, is advising clients to use 10 per cent VaR (Value at Risk) forecasts for 2020 and 2021 due to the COVID-19 outbreak.