Acceldata Makes Agentic Data Management Platform Available to Clients

Clients of data observability technology company Acceldata can now utilise the company’s artificial intelligence agents to unify governance, quality, catalogue and observability processes.

Its Agentic Data Management platform will “enable enterprises to move from static governance and monitoring to dynamic, agentic systems that anticipate needs, adapt in real time and operate at scale”, said Acceldata chief executive Rohit Choudhary.

SimCorp Extends Private Markets Capabilities

FinTech provider SimCorp has introduced a private markets products to enable general partners, fund administrators, alternative investment fund managers), management companies and depositories to automate their operations.
SimCorp Alternatives adds to the Danish company’s existing total portfolio view offering for private asset owners within its SimCorp One platform.

Banks’ Data Estates Still Not Ready to Leverage AI and Innovations: Report

Banks still have gaps in their data management capabilities, which are preventing them from fully utilising new technologies such as artificial intelligence, according to a report by Cornerstone Advisors.

The consultancy’s “Improving Your Financial Institution’s Data IQ” study stated that lenders scored “50 out of 100” for their ability to acquire, manage and use data. But it added that shortcomings like siloed tech stacks and manual processes, such as continued use of spreadsheets, were mitigating against then taking full advantage of innovations.

“The banking industry stands at a critical inflection point as artificial intelligence (AI) transforms core banking operations, customer experiences, and risk management frameworks,” the report stated. “Although AI promises unprecedented efficiency gains and competitive advantages, many banking institutions are struggling to bridge the gap between their current data infrastructure and the sophisticated requirements of modern AI systems.”

Diginex Buys Matter DK to Expand ESG Data, Reporting Offering

Investor sustainability data and analytics provider Matter DK has been ESG reporting and supply-chain due diligence services and RegTech provider Diginex.

London-based Diginex said the acquisition of the Danish technology company, with a transaction value of US$13 million, would bolster its ESG service offerings worldwide by incorporating Matter DK’s advanced ESG data analytics, benchmarking and reporting capabilities.

Data and AI Key Investment Targets for Asset Managers, Survey Finds

A survey of asset managers by FE fundinfo has found that more than half of respondents are prioritising investment in data governance and integration to unlock operational efficiency at scale. The report noted also that more than two-thirds of the 100 senior leaders interviewed said their firms are actively deploying artificial intelligence across their operations.

AI-led Privates Data Startup Alkymi Raises More Funding

Alkymi, an AI-powered data specialist for private investors, has raised yet more capital from a variety of investors including Cornerstone Investment Capital and Canaan Partners, SimCorp and Northwestern Mutual Future Ventures. The startup, which had raised US$35 million in previous funding rounds, also said that Bob Greifeld, Co-Founder at Cornerstone Investment Capital and former Chairman and CEO of Nasdaq, has joined Alkymi’s Board of Directors.

ISS Stoxx Acquires Geospatial Climate, Nature Risk Analysis Firm Sust Global

Geospatial risk modelling and analytics provider Sust Global has been acquired by ISS Stoxx to be incorporated into its Sustainability Business.

Sust’s geospatial artificial intelligence engine analyses and seeks to find climate and nature patterns within geographical regions.

“This acquisition helps to underline our commitment to helping you better manage sustainability-related risks and uncover opportunities,” said Till Jung, Global Head of Sustainability Business.

S&P Global’s iLevel Private Markets Tool Updated with Document Search

S&P Global Market Intelligence has updated its private asset portfolio management capabilities with the launch of iLevel Document Search, an artificial intelligence-powered tool that can extract insights from a variety of unstructured data sources.

The latest augmentation of the iLevel suite has includes natural language querying, annotations for traceability and permissions-based search results for confidentiality.

“We’re moving from an era of portfolio monitoring to one of portfolio intelligence,” said Christopher Sparenberg, Head of iLEVEL, S&P Global Market Intelligence. “With deal flow at multi-year lows and exit windows tightening, the firms that will thrive are those that can unlock the ‘unknown unknowns’ in their existing portfolios to create differentiated value. iLEVEL Document Search enables investment teams to discover new opportunities and identify risks to make decisions with conviction.”

Informatica Adds New Features to its IDMC

Data management and integration specialist Informatica has updated its Intelligent Data Management Cloud (IDMC) platform to make it easier for users to utilise artificial intelligence-ready data.

The company, which is in the midst of a takeover by Salesforce, said the new release of IDMC includes features across data integration, governance, quality, master data management and integration platform as a service (iPaaS).

Acuity in ‘World-First’ Deal to Bring Databricks’ DIP to Clients

Acuity Knowledge Partners’ 650-plus financial services clients will be able to use the Databricks Data Intelligence Platform to automate data-driven workflows and decision making in what the company has described as a “world-first deal”.

“Acuity is the first firm of its kind to bring Databricks to market for financial services firms,” said Jon O’Donnell, Chief Operating Officer of Acuity Knowledge Partners.