Stay on top of your portfolio with automated workflows for all your private markets data

Private markets and alts investing involves processing large volumes of unstructured data from documents with varying formats, such as capital calls and distributions or capital account statements and PCAPs. Every incoming document must be processed quickly to trigger downstream workflows and keep portfolios up-to-date. AI-powered software can automate those processes, but if you’re only automating some of your data workflows, you’re missing out on the full potential of AI for your firm.

Other private markets documents, such as schedules of investments and quarterly reports, loan agent notices, financial statements, and Confidential Information Memorandums (CIMs), all contain critical information that needs to be processed quickly. If your Operations team is manually processing any of these documents, they could be spending thousands of hours each year on data entry, validation, reconciliation, and tracking. Those workflows not only take time from your team but also introduce additional risk into your firm.

Implementing software that can automate all your private markets documents through one platform can transform your firm’s data workflows.

How automation can impact workflows across your firm

Automating your document ingestion and data processing for all of your private markets workflows will save your team valuable time in manual data entry. What other impacts will it have on your firm?

• Increased capacity: Your team can take on more tasks and manage more investments, better positioning your firm to scale.
• Better data delivered to your team: Capture more detailed and richer data that is automatically verified and reformatted to match your downstream systems, in less time than your current workflow. Data integrations with your investment platforms, such as Addepar or Investran, mean your data is immediately available where you need it.
• Faster response to changing markets with real-time data: Without a manual processing backlog and with data automatically populated in your systems, your front office teams will have faster access to timely portfolio data to stay on top of changes and react quickly.
• Increased accuracy and reduced risk: Automated platforms with built-in validation checks throughout your data workflows can ensure your data adds up, both mathematically and logically, reducing human error and key person risk. Any missing data points can be flagged for review so nothing falls through the cracks.
• Greater transparency: With an automated platform underpinning your process instead of manually inputted spreadsheets or disparate systems, you can ensure your data is 100% traceable and auditable. Each datapoint can be traced back to its source in full detail and with a complete account of how it was processed.

Leverage AI to optimize workflows across your firm

Automated workflows, particularly those utilizing AI and machine learning, can enable your firm to streamline document ingestion and processing across document types, regardless of format or fund. With a platform that can leverage AI to manage multiple document types, you can automate not only core alts use cases but all your data workflows in private markets.

At Alkymi, we built our platform to scale across your lines of business and automate multiple workflows in one end-to-end solution. Alkymi automates private markets data workflows such as:

• Capital Calls & Distributions (Capital Notices)
• Capital Account Statements/PCAPs
• Schedule K-1s
• Quarterly reports / Schedules of Investments
• Financial statements
• Subscription documents
• Loan agent notices
• Confidential Information Memorandums (CIMs)
• US tax and SEC forms

Schedule a demo today to learn more.