Accelex, a data acquisition, analytics and reporting solution for private markets investors and asset servicers, has widened its agreement with LGT Capital Partners (LGT CP) to provide its SaaS platform to bring digitalisation 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.

“The Accelex solution adds digitisation, scale, quality and full auditability, complementing other measures in place, to get seamless access to investment data - historically a mostly manual process”, says 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,” says Michael Aldridge, President at Accelex. “Firms at the scale of LGT CP – with over USD80 billion in assets under management – benefit enormously from the automation Accelex brings, streamlining middle and back-office functions and ultimately delivering better investment insights.”