According to new research from Intertrust, private equity firms are acutely aware of the impact digital innovation will have on their sector, particularly in the areas of artificial intelligence (AI) and blockchain.
Technology & software solutions
Bipsync, a research platform provider for investment management firms, has secured USD7 million in a growth investment round led by Edison Partners. FINTOP Capital also participated in the round.
In 2017, investors allocated almost USD120 billion into private debt funds, on the back of approximately USD100 billion being raised in 2015 and 2016. To better understand the context into which investors are deploying such large amounts of capital, SEI and Preqin conducted a survey of private debt fund managers in mid-2018.
Indus Valley Partners, a provider of technology solutions to the buy side, has launched a new CAT module for its global regulatory reporting platform, IVP RAPTOR.
An overwhelming majority (85 per cent) of financial services professionals predict that demand for RegTech solutions will continue to grow until at least 2020 as the wave of new regulation a decade after the financial crisis shows no sign of abating.
Analytics Ventures, a fund dedicated to creating and building venture companies that harness the power of artificial intelligence (AI) technologies, has added AlphaTrAI – a proprietary AI-based automated trading platform that fuses the latest explainable AI (XAI) techniques with multiple sophisticated trading strategies – to its venture portfolio.
Canterbury Consulting, a Newport Beach-based institutional investment advisory firm with more than USD18.3 billion in assets under management, will turn to Canoe Intelligence (Canoe), in a multi-year relationship to efficiently digitise, track and organise thousands of documents and data points.
Alternative investment firm Oak Hill Advisors has implemented Hazeltree’s cash and collateral management suite to manage operational risks, strengthen controls, drive efficiencies and increase yields on excess cash.
The Citco Group of Companies (Citco) has launched CitcoConnect, a new digital solution that automates and simplifies the process of managing prospective investors, including an online utility for the placement of initial investments in alternative funds.
IHS Markit, a specialist in critical information, analytics and solutions, is to offer iLEVEL to members of the Institutional Limited Partners Association (ILPA).