Accelex, a data acquisition, analysis and reporting solution for investors and asset managers, is pleased to announce that it has expanded the ‘agreement with LGT Capital Partners (“LGT CP”) to offer its state-of-the-art SaaS platform to digitize the regular extraction of critical financial information from a wide range of private market investment documents. LGT CP was one of the first Accelex customers in 2020.
The alternative investment industry is set to continue on its growth trajectory, where international companies like LGT CP, which are already in the process of moving from highly manual operational flows to data management, seek greater transparency about the assets under -jacent funds. Thanks to Accelex, LGT CP is able to access a wider range of fund asset data in a much shorter time frame, which provides huge benefits in terms of reporting to beneficiaries and taking action. investment decisions.
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“To other measures already in place, the Accelex solution adds digitization, large-scale development, quality and full auditability to achieve seamless access to investment data – a process that has always been primarily manual”, commented Ruud Wilders , Director of Private Market Operations at LGT CP. “Accelex offers proven capabilities for fund performance reporting and financial statements. We are excited to continue our journey and extend the technology to other critical investment workflows, such as capital account statements and treasury advice. “
“LGT CP is a global leader in alternative investments, and we are delighted to partner with a company of such profile to provide them with our solution to improve their operations,” said Michael Aldridge , President of Accelex. “Companies of LGT CP’s stature – with more than $ 80 billion in assets under management – benefit tremendously from the automation that Accelex brings, as it helps streamline middle and back-office functions and ultimately have better investment information. “
