Data Management

Pete Keenan, vice-president of finance at 645 Ventures, and Adam Devine, co-founder at Foresight Data, discuss advances in technology that allow fund sponsors to bring together data from different sources in order to help finance leaders make decisions that maximize portfolio value.

The fund accounting tool connects with the firm’s fund ops platform making financial functions faster and more efficient.

Offering will give LPs – including those who act as GPs of secondaries funds and fund of funds – and fund administrators asset-level data.

New offering relies on AI for data gathering and processing, with people reviewing the work.

Managers are overhauling their data management processes to cope with intensifying LP demands for more detailed information.

The regulatory tech provider brings together reporting solutions to help private funds meet new private fund data challenges.

Today’s best fund administration tech turbocharges traditional finance with the power of the cloud, writes Bill Ward, CEO of Ark PES.

Managers are leaning on technology to keep headcount stable while growing their firms, said attendees at the Private Funds CFO Network’s European Forum earlier this month.

The firm is including the outside AI model to complement proprietary ones that already power its offering.

The tech provider aims to make calculating overall carry more efficient as firms struggle to attract and retain operational talent.