Northern Trust has enhanced the depth and range of alternative asset data it can provide to asset owner clients through a collaboration with Accelex, a data acquisition, analytics and reporting provider focused on the alternative investment space. 

Northern Trust has enhanced the depth and range of alternative asset data it can provide to asset owner clients through a collaboration with Accelex, a data acquisition, analytics and reporting provider focused on the alternative investment space. 

The new capability for unstructured data complements other artificial intelligence-powered data extraction capabilities that Northern Trust has developed in house for its alternative asset servicing business and for clients of Northern Trust’s Front Office Solutions platform.

Limited partners in private equity and other alternative investments are pushing for greater insights from the mountain of unstructured data they receive from investment managers. Increasingly, LPs seek data beyond basic performance and exposure metrics to analyse their investments. Leveraging Accelex technology, Northern Trust can provide asset owners with a broader, more timely range of insights as the solution expands data granularity and automates the extraction process to provide cleaner inputs to the Northern Trust Front Office Solutions system.