AI/ML Technology Automating Data Extraction From Private Markets Investment Documents
Accelex, a data acquisition, analytics and reporting solution for private markets investors and asset servicers, is pleased to announce that they have widened the agreement with LGT Capital Partners (“LGT CP”) to provide their cutting-edge SaaS platform to bring digitization to the regular extraction of critical financial information from a wide range of private markets investment documents. LGT CP was one of Accelex’ first clients in 2020.
The alternative investment industry is set to continue its growth trajectory where global firms like
LGT CP, who are already transitioning highly manual operational workflows for data management,
are seeking greater transparency into fund underlying assets. With Accelex, LGT CP is able to
access a wider range of data on fund assets in a much shorter timeframe, bringing tremendous
benefits for reporting to beneficiaries and investment decision making.
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“The Accelex solution adds digitization, scale, quality and full auditability, complementing other
measures in place, to get seamless access to investment data – historically a mostly manual
process”, commented Ruud Wilders, Principal, Private Markets Operations at LGT CP. “Accelex
delivers proven capabilities for fund performance reports and financial statements. We are excited
to continue our journey and extend the technology to other critical investment workflows such as
capital accounts statements and cashflow notices”.
“LGT CP is a global leader in alternative investments, and we are delighted to partner with a firm
of such profile to deliver our solution to enhance their operations” said Michael Aldridge,
President at Accelex. “Firms at the scale of LGT CP – with over USD 80 billion in assets under
management – benefit enormously from the automation Accelex brings, streamlining middle and
back-office functions and ultimately delivering better investment insights”.
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