SS&C Advent: Best Portfolio Management Software Provider – The private equity industry has continued to explode with more mainstream and institutional investors while evolving their investment coverage to include more complex asset types such as private and distressed debt. SS&C Advent has continued to follow this market trend by addressing investor demand for full look through reporting as well as providing ILPA compliant options.
Technology & software solutions
Solovis: Best Data Management Solutions Provider – The private equity industry has witnessed a shift to more manager-of-manager and investments in fund structures, all while asset owners and allocators are increasing the percentage of their portfolios invested in alternatives. In view of this, Solovis identified the need for a portfolio management technology platform to help institutional investors with the inherent challenges they face in managing these complex multi-asset class portfolios.
Global strategy consulting firm Stax has selected primary research provider Coleman Research’s Expert Relationship Management (ERM) platform to support the company in the digitalisation of research data and workflows.
CAIS, a technology platform connecting financial advisers with alternative investments, has launched CAIS IQ, a learning system designed to help financial advisers master alternative investments.
Backstop Solutions Group, a cloud-based productivity suite for institutional and alternative investors, has launched IntellX, the newest offering in the group’s suite of data products and services.
Itarle, a provider of high-performance best execution services to banks, has created Itarle Ventures, a new Special Purpose Vehicle (SPV) to co-invest with partners in new data analysis and liquidity services, and shared market infrastructure initiatives.
Schwab Advisor Services is to provide shareholder servicing for funds serviced by iCapital Network.
Edge Technology Group, a privately-owned, fully-managed IT service provider for financial firms worldwide, has launched CloudSuite, a multi-cloud platform, purpose-built for the alternative investment community.
TMF Group chooses FIS’ Private Equity Solution to serve expanded customer base after recent acquisition
TMF Group has chosen to use FIS’ Private Equity Solution, an asset management system to serve its extended base of business clients, following the recent acquisition of a fund servicing organisation.
Neotas, a provider of online due diligence for private equity firms and other investors, and University of Essex engineers are to develop an AI screening solution to aid investors with due diligence and mitigate risk.