As part of an interview with Private Equity Wire, Alexander Wedlich, newly appointed Head of Business Development Luxembourg, Belgium and France, addresses increasing demand for innovative solutions for the private capital market.
In the article, he discusses both regulatory and transparency reasons for this increasing interest from fund managers, investors and asset servicers in technological investments and partnering with an external service provider.
Additionally, the private capital expert remarks on the main advantages of digitalisation for private equity players – including being able to free up staff, processes, focus on value-adding services as well as reducing regulatory and market risk. By partnering with a tech-enabled service provider such as AssetMetrix, clients can additionally benefit from a reduced time to market.
The article also covers 2 further topics which are of particular interest: Alexander looks at main advantages for employing a single source of truth data management model and ESG solutions which help overcome data collection and exchange challenges. If you are interested in finding out how AssetMetrix aims to drive digitisation, standardisation and automation in the private capital arena read the full interview in Private Equity Wire.