Accelex and Filament Announce Partnership
Martin Pomeroy | 16th December 2022
Accelex and Filament Announce Partnership to Automate Data Management for the Alternative Investment Industry.
LONDON – DECEMBER 2022 – Accelex, a SaaS platform specializing in alternative investment data management, today announced a partnership with Filament, provider of the market data integration and interrogation platform Syfter. The partnership will allow private markets firms to integrate data from GP fund reporting into their information management processes to streamline market intelligence and deal origination activities.
Filament clients will now be able to use Accelex to modernize the extraction of data from unstructured sources (such as PDFs) required to feed their platform for deal sourcing and ongoing investment monitoring. The automation of data extraction will cut the time, effort, and resources required to manage an otherwise manual, time-consuming task.
Additionally, Accelex clients will be able to use Syfter to expedite the research needed to identify targets as well as manage their investment universe and market maps, removing reliance on Excel files and disparate data sources. “Accelex and Syfter are both best-in-class platforms that allow private market investors to identify and analyze new opportunities and monitor existing portfolios more efficiently”, explains Michael Aldridge, President at Accelex. “We are excited about this partnership and look forward to providing clients with a combined solution that will help them minimize the time spent on manual processes and allow them to dedicate their time to optimizing the investment process”.
Phil Westcott, Chief Executive Officer at Filament said, “There is a significant need in private capital firms to build proprietary data infrastructure, automate operations and leverage AI for market analysis. Our partnership with Accelex will enable investors to streamline the extraction of data from unstructured sources, while leveraging Syfter to build and enrich their own database covering investment targets, portfolio companies, advisors and competitors. This operationalizes knowledge management within the firm, originating deals and tracking market signals, all in a fraction of the time that they would otherwise spend on those tasks. Our relationship with Accelex is a natural extension of our capabilities in the alternatives space and we’re excited to bring this end-to-end value to our clients”.
About Filament
Founded in 2016, Filament is a software product business powering internal data infrastructure for the Private Equity and Corporate Finance industry. Headquartered in London, with offices in Munich, Madrid, Toronto and New York, the product development team is based in Southampton, UK. Integrating real-time market data from all the major data providers, Syfter powers the data handling and enrichment of proprietary data for firms to operationalize their market interrogation and knowledge management. The Filament team are experts in Data Engineering, Natural Language Processing and Machine Learning with experience of over 200 client deliveries in 7 years of operations. The Syfter platform powers many of the world’s leading Private Equity and Corporate Finance firms. For more information please visit: www.syfter.ai
About Accelex
Launched in 2020, Accelex provides data acquisition, analytics and reporting solutions for alternative investors and asset servicers, enabling firms to access the full potential of critical investment performance and transaction data. Powered by proprietary artificial intelligence and machine learning techniques, Accelex solutions automate processes for extraction, analysis and sharing of difficult-to-access unstructured data. Accelex is headquartered in London, with offices in Paris, Luxembourg, New York, and Toronto. For more information please visit: www.accelextech.com
Media Contacts
Ashma Garg – Accelex – ashma@accelextech.com
David Nathanson – Buttonwood – david@buttonwoodpr.com
Phil Westcott – Filament – phil.westcott@filament.ai