Accelex and SimCorp partner to offer transparency into investment data workflows
Accelex and SimCorp are partnering to combine technology solutions to benefit alternative investors globally.
The partnership—with joint clients already in North America and Europe—is a response to the increasing demand for greater transparency into investment performance, according to the vendors.
Complex PDF documents, carrying fund and underlying asset data, typically require resource intensive, manual processing before entry into SimCorp.
Accelex’ market leading solution leverages data science to automate the extraction of critical financial information from these alternative investment documents and will seamlessly deliver performance and accounting data into SimCorp offering deeper investment insights.
“The collaboration between our firms makes so much sense. Sophisticated alternative investors are striving to rid their firms of labour intensive, manual processes and focus their time on making a difference to the investment process itself,” said Michael Aldridge, president at Accelex. “Being able to effectively digitise the workflow from unstructured documents into SimCorp give our clients huge advantages in operational efficiency as well as a better understanding of the drivers of investment performance”.
For more information about this collaboration, visit https://accelextech.com or www.simcorp.com.