Alkymi, an AI-powered data specialist for private investors, has launched Alkymi Private Credit to automate the extraction of data from unstructured documents to assist with risk management and compliance within the private credit market.The release follows projections that the private credit sector will expand to US$5 trillion dollars by 2029, increasing the complexity of manual data processing.
“Private credit is scaling faster than the infrastructure that supports it,” chief executive Harald Collet said. “Alkymi Private Credit was built specifically to address this challenge, combining AI automation with enterprise-grade controls to give firms continuous visibility into their portfolios, including covenant tracking so they can modernise operations without compromising accuracy or regulatory requirements.”
The platform centralises inbound documents like loan agent notices and financial statements to produce structured datasets for portfolio and accounting systems.
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