This Week’s Vendor News

NEW & UPDATED PRODUCTS

DOMOS FS has unveiled its new Investor Onboarding process. This process was designed to smooth digital communications with prospective investors and ease the monitoring from a GP and servicer perspective. It also comes with a new user interface based on their updated branding. ↗

eVestment has unveiled ESG Analytics. Key features of ESG Analytics are the ability to benchmark ESG credentials against the market and gain a deeper understanding of ESG performance. ↗

Addepar has announced that its platform has been enhanced to help grow and scale your business with RIA-specific solutions, like billing and reporting, that support accuracy, efficiency and productivity. ↗

KEY ESG has released a new "Improve" module where users can set targets and action plans to achieve their ESG goals. This feature enables users to define targets and actions, assign specific users to actions, and track their progress over time. ↗

Altus Group has launched its careers website. With built-in AI to support job seekers and an in-depth look at its company culture, its new site spotlights the opportunity to join the company and modernizes the way candidates engage in Altus Group's careers experience. ↗

Palico released one of its most important updates for its members, implementing a refreshed version of the secondary marketplace to ensure a seamless process for investors looking to buy and sell PE fund stakes. The newly updated features include an encrypted chat room for investors to communicate with an integrated NDA function, an enhanced portfolio profile showing optimal information for each fund stake opportunity, and their brand new bidding tool that allows investors to submit one or multiple bids based on their assessment of the available opportunities.

Position Green has completed a customer pilot of its AI Analyst feature. Following positive pilot outcomes and valuable customer feedback along with demand from its wider customer base, Position Green will further develop the feature in the fourth quarter of 2023, with the intention of a wider rollout early in 2024. ↗

Apex Group has expanded its ESG and sustainability solutions, following their acquisition of MJ Hudson earlier this year. The firm finalised the acquisition of the data and analytics arm of MJ Hudson in May and now plans to expand its ESG and sustainability advisory services. This will be led by Emma Bickerstaffe, managing director, ESG and sustainability, who joined from MJ Hudson. ↗

DEAL ACTIVITY

MSCI has signed a purchase agreement to acquire Trove Research, a specialist data, analysis and advisory firm. This deal will deliver expanded climate solutions and bring transparent, credible insights on voluntary carbon markets for corporates, institutional investors and other capital market participants. ↗

PARTNERSHIPS & INTEGRATIONS

AtomInvest has partnered with Plural Platform, which is an investment platform created by and for the unemployables. The Plural funds invest in early stage start-ups across Europe. Atominvest supports Plural Platform across dataroom, investor CRM, onboarding, portfolio management, reporting and accounting. ↗

Alto has announced that Alumni Ventures AI Fund is available now on Alto Marketplace. ↗

Red Arris and Bipsync have announced a new partnership that will allow mutual clients of both firms to benefit from an enhanced onboarding and implementation experience. Red Arris s a data management technology consulting specialist for the finance industry. ↗

mnAi has partnered with London Gatwick to enhance opportunities for local and regional businesses. This partnership aims to improve understanding of companies within the local and regional supply chain and the services they can provide, through use of a new AI tool. ↗

AtomInvest has partnered with the Plural Platform, which is an investment platform created by and for the unemployables. The Plural funds invest in early stage start-ups across Europe. Atominvest supports Plural Platform across dataroom, investor CRM, onboarding, portfolio management, reporting and accounting. ↗

Grandview Analytics have announced a partnership with Appian, an enterprise software company that helps organizations build apps and workflows rapidly with a low-code automation platform. ↗

Quintet Private Bank and Moonfare have signed a partnership agreement that will enhance Quintet’s ability to extend private-market investment opportunities to appropriate clients and broaden Moonfare’s growing global distribution network. Per the terms of the agreement, Quintet will extend to appropriate clients access to an end-to-end digital investment platform, powered by Moonfare, offering top-tier private-market funds selected and approved by Quintet. This platform provides clients and client advisors with a wealth of tools and information, including product collaterals, paperless subscription, client reporting and portfolio analytics. ↗

Inrate has partnered with TMX ESG Data Hub to launch the TMX ESG Data Hub. The Data Hub seamlessly integrates ESG data – from impact assessments to climate intelligence and incisive analysis of contentious events – into the core of sustainable investment decisions. ↗

Position Green has announced that Westcon-Comstor, a global technology provider and specialist distributor, has signed on as an ESG software user. ↗

MSA Capital has selected Dynamo Software for portfolio management and investor relations. MSA Capital is a global private equity and venture capital firm with over $2 billion aum, with a presence across APAC and UAE. ↗

Valu8 Company Intelligence has announced that the European and transatlantic software and services businesses investor Hg has chosen them to assist in their target screening process. ↗

HIRING & PERSONNEL

Accelex have announced two new promotions within the Client Success Management team. Mike Maganja is being promoted to oversee its Client Success Management team globally and Russell Perrett is being promoted to head up the CSM team for Europe and Asia. ↗

Position Green has appointed Julia Staunig as Managing Director of its newly opened Brussels office, expanding the company’s reach into central Europe. Green joins the company from a consulting firm where she was the advisory lead on sustainability, ESG, and financial services regulation. ↗

PFA Solutions has welcomed Chris San Souci as its Director of IT Operations. ↗

Sara O'Reilly has joined Titanbay as Global General Counsel & Head of Compliance Ireland. Before joining Titanbay, O'Reilly was a Partner at Mason Hayes & Curran's Investments Funds team. ↗

Addepar has welcomed Abhimanyu Prabhavalkar, who recently joined the team as Head of Addepar India, leading R&D growth regionally and supporting its global business scale. ↗

Valu8 have announced the next phase of its expansion with the opening of its Munich office. ↗

Albourne has launched its fourth Employee Resource Group, Minds of all Kinds, focused on mental health and neurodiversity. Its specific focus is on education (raising awareness and reducing stigma), fostering stronger social connections, and creating a forum for employee peer support. ↗

VENDOR WHITEPAPERS

Intelligo has published a new blog, "How Investors Could Have Avoided A $2.7M Cherry-Picking Scheme". Intelligo discusses the GlennCap fraud case and with a proper background intelligence platform, investors could have seen trouble years ahead of time for GlennCap. ↗

SimCorp has published a new article, "Navigating the labyrinth of artificial intelligence in investing". SimCorp believes that In the financial realm, generative AI is making headway as an instrument for risk assessment, market forecasts, and portfolio management, drawing insights from intricate financial data. ↗

Markov Processes International has released a new article, "Venture Capital, Technology Investments Will Define 2023 University Endowment Returns". According to MPI, the best-performing endowments are expected to be those with the greatest exposure to global equities, specifically technology stocks. ↗

Arcesium has released a new blog, "Raw to Refined: A Framework for Data Sourcing". Arcesium feels that effective data sourcing – from choosing the right provider to taking command of internal proprietary data and integrating data for business use – is critical to a successful data initiative. This is blog 2 out of 3 in a series where they examine firms’ data strategy challenges and considerations to evaluate at each stage of the institutional investment data value chain. ↗

SEI has published "5 Trends Shaking Up Advisor Value Propositions Now". A few of these trends, which are talked about in more detail are: fiduciary differentiation is dead, More access - more problems and UMAs are here. ‘HMAs’ are next. ↗

Finquest has released a new whitepaper, "Navigating the Untapped Potential of the Lower Middle Market". Finquest states that In an ever-evolving M&A landscape, the lower middle market remains a goldmine of opportunities, yet it's often overlooked. This whitepaper dives into this market, revealing key insights gathered from thousands of CEO and decision-maker interviews. ↗

Dealroom has published a new report, "SaaS in the UK – startups and venture capital". This report offers a detailed look at the data behind the UK SaaS startup and venture capital ecosystem. ↗

Bite has released a new article, "Why private market asset managers are switching to the cloud". Bite states that the uptake in using new digital technology has rapidly increased in recent years, as 81% of investment firms now use cloud solutions. In this article, they lay out four reasons they believe cloud technology is increasing transparency and changing the industry for the better. ↗

Owlin has released a new whitepaper, "How Technology Can Help PSPs Build Their pKYC Frameworks". In this whitepaper, Owlin dives deeper into the differences between KYC and pKYC, the advantages of pKYC for PSPs, and how technology can help PSPs build their pKYC frameworks. ↗

Inex One has published a new blog, "Cost control in market research". The blog discusses five ways to control the costs of market research, which includes switching to usage-based pricing and accumulating and reusing insights. ↗

Blue Margin has released a new article "The Advantages of a Fractional Data Team for Mid-Market Companies". The piece discusses 5 advantages to hiring a fractional data team and 6 signs it's time to consider a fractional data team. ↗ a new article "The Advantages of a Fractional Data Team for Mid-Market Companies". The piece discusses 5 advantages to hiring a fractional data team and 6 signs it's time to consider a fractional data team. ↗

Fundcount has published a new blog, "Data Storytelling". They describe data storytelling as a powerful tool that can be used to communicate complex ideas in a clear and concise way. ↗

Digital Capital along with Beauhurst, have released a new report, "Diverse Founders in Advanced Digital Technology Report". The report reaffirms the UK’s dominance in raising technology investment and the amount of high-growth startups compared to European peers. ↗

Mend.io has released a couple new pieces, the first one titled: "Software Supply Chain Security: The Basics and Four Critical Best Practices". In this piece, Best practices for securing the software supply chain are discussed including maintaining deep supply chain visibility and flag potentially vulnerable components. The second blog, "Why The US Government Continues to Push for Software Supply Chain Security". This roadmap outlines the US government’s four goals and objectives for meeting these goals for 2024-2026. ↗ ↗

Ontra has published a new blog, "How private fund managers can avoid a failed legal tech adoption". This blog discusses four ways to avoid a failed legal tech adoption and common causes of failed legal tech adoptions. ↗

ShareVault has published a new blog, "Enhancing Zero Trust Cybersecurity with micro-segmentation". Zero Trust Cybersecurity focuses on the idea that no user or device should be inherently trusted, regardless of their location or network access. To bolster the effectiveness of this approach, organizations are turning to micro-segmentation, a powerful technique that provides granular control over network resources. ↗

Axial has published: "12 Lessons to Build a Successful Buyer List". Axial believes that for advisors, the thing that has the highest impact on the success of a closed transaction, is the strength of their buyer list. Building a top-notch buyer list can help one investment bank win a deal over another. In this piece, Axial discusses 12 lessons that provide tips and best practices for constructing an effective buyer. ↗

ERM has published a new "CFO briefing: Responding to sustainability disclosure requirements". ↗

eVestment has published a new blog, "Understanding the consultant landscape in the private markets". eVestment feels that working with investment consultants adds an extra layer of time and effort to the fundraising process for fund managers, but winning the approval of the consultants is key to cultivating relationships with many of the top institutional investors in the market. ↗

SourceScrub has released a new post, "Sector Investing Series: Fastest-Growing Private E-learning Companies". This post talks about the latest trends affecting the e-learning industry, followed by the top 50 fastest growing private e-learning companies. ↗

Anaplan has released a new blog, "Integrated go-to-market planning is changing the profitability playbook for tech companies". ↗

Pitchbook has released a new report, "US PE Breakdown". This report explains who’s still buying and selling and what could pull the industry out of its exit slump. ↗

IQ-EQ has released a new report: "Alternative investments: using data to drive growth". For this report IQ-EQ and Citisoft have collaborated to understand specifically what alternative investment firms are considering as they prepare their businesses for the future. To gather this insight, they interviewed over a dozen senior leaders in private equity GP and LP firms across North America and Europe to clarify their priorities and focus. ↗

EcoVadis has published a new whitepaper, "Carbon Action Report 2023: How Buyers and Suppliers in the EcoVadis Network Are Accelerating Their Decarbonization Journeys". The second edition of EcoVadis' Carbon Action Report draws upon data from 40,000+ carbon performance ratings to provide insights into the state of climate action in the EcoVadis network. ↗

Tactyc has added a new report called Qualitative KPIs that summarizes all the qualitative KPIs and company comments for offline processing. ↗

Dialllog has released a new article: "The Ultimate Guide to M&A Deal Flow: Win Your Next Mandate". In this guide, Dialllog provides key strategies, best practices, and pitfalls to avoid in sourcing new M&A deals and effectively organizing your deal flow. ↗

Moonfare has published a new blog: "Three keys making today’s venture capital environment so investor friendly". Moonfare believes the key factors are valuations are falling from record highs, rising costs pressuring startups to relent on terms and VC focus shifting from hypergrowth to profitability. ↗

SEI has published a new blog, "Developing a DEI strategy with patience and vision". In this blog, SEI states that its goal is to weave DEI values into its beliefs, words, and actions, because the best DEI outcome is one that’s seen, heard, and felt in the workplace and community. ↗

InvestorFlow has published a new report, "The Future of Digital Transformation in the Alternative Asset Industry". It states that the alternative asset management industry is undergoing a seismic shift, catalyzed by the rapid advancements in digital technology. It feels that now is the time for GPs to jump on the digital bandwagon, or they run the risk of falling behind. ↗

SS&C has published a new report, "Embracing the New - Decoding Perspectives on Emerging Managers". Key findings include: due diligence constraints and compliance concerns are the biggest red flags for LPs when evaluating emerging fund managers and transparency is an LPs’ top expectation from emerging fund managers. ↗

Anaplan has published a new blog, "Digital operations planning and analytics (DOP&A): from nostalgic necessity to modern business essential". In this blog, Anaplan states that as the DOP&A market continues to mature, these tools and applications are extending beyond the traditional boundaries of finance. Modern DOP&A tools are expanding to encompass HR with workforce planning, sales with sales planning models, and marketing with budgeting and performance tools. ↗

AWARDS

Filament Syfter has won for "Emerging Tech Company of The Year" at the South Coast Tech Awards by The Business Magazine - South East. ↗

DiligenceVault has won the Best Investor Relations & Due Diligence Platform award at the Wealth & Finance International Fund Awards 2023. ↗

Aumni been awarded "Exit of the Year" in the Stoel Rives sponsored Backyard Awards at the Growth Factory’s annual GFX Venture Conference & Startup Showcase on October 5, 2023. The Backyard Awards celebrates the Greater Sacramento Region’s entrepreneurial and innovation ecosystem. ↗