FINBOURNE Technology and Alkymi Partner to Launch Private Credit Risk Monitoring Solution

FINBOURNE Technology and Alkymi have formed a strategic partnership to provide an integrated credit risk monitoring solution specifically for the private credit industry. The collaboration combines Alkymi’s AI-powered document ingestion platform with FINBOURNE’s data management and analytics capabilities. The solution aims to help asset managers, lenders, and asset owners proactively identify emerging risks and improve operational control across complex portfolios.

The partnership addresses the limitations of traditional, manual credit monitoring, which often fails to detect issues until a covenant breach or default occurs. By automating the processing of borrower documents and financial data, the system allows for the early detection of deteriorating credit quality. Alkymi’s technology automates document verification and compliance tracking, while FINBOURNE provides a unified data environment that ensures bi-temporal accuracy and eliminates the need for manual reconciliation across front, middle, and back-office functions.

This integrated approach creates a single source of truth for investment operations, offering full auditability and flexible data models to support diverse credit structures. By streamlining the flow of financial metrics and covenant monitoring, the joint solution enhances transparency and enables more informed decision-making for private credit exposures.

Study Prompts TRG Screen Data Spend ROI Calculator

Data subscription management technology provider TRG Screen has released an interactive tool to model cost savings and efficiency gains.

The innovation builds on the findings of a study by research firm Hobson & Company that found firms that adopt purpose-built market data management technology saw triple-digit ROI, and reduced market data spend by an average of 10% and reference data spend by 25%.

Based on those findings, TRG Screen built its interactive ROI calculator, enabling firms to study their own data spend and identify where savings can be made.

“”This independent research validates what we see across our client base every day,” said TRG Screen chief customer strategy officer Nadine Scott. “When firms gain end-to-end visibility and control, the impact shows up quickly in reduced spend, reclaimed time and lower risk.”

FactSet Incorporates Kepler Cheuvreux AMR

FactSet has announced a partnership to integrate Kepler Cheuvreux’s aftermarket research (AMR) into its systems, incorporating equity research covering 1,000 stocks across 34 sectors into the FactSet interface.

The integration includes artificial intelligence tools to summarise and contextualise European equity data for users, the financial digital platform provider said.

Kendra Brown, Senior Vice President at FactSet, stated that the partnership strengthens the platform’s position through the largest independent research footprint in Europe.

The service adds to an existing repository containing reports from 1,800 brokers including Barclays and Deutsche Bank. AMR solutions provide financial professionals with historical and current analysis to assist with investment decision-making.

SimCorp Chosen as AllianceBernstein’s Investment Tech Provider

Investment management firm AllianceBernstein has selected SimCorp as its core investment technology partner in an agreement that will see the implementation of the SimCorp One platform to serve as front-to-back infrastructure for the firm.

This transition aims to provide investment teams with centralised, real-time data and proprietary tools for trading.

The firm’s platforms will be unified on a single investment platform to serve global clients, Karl Sprules, Chief Operating Officer of AllianceBernstein, said.

The multi-year phased rollout of the system is underway, starting with the core investment data platform.

Quest Unveils Data Platform to Automate Multiple Capabilities

Quest Software has launched the Trusted Data Management Platform featuring the Automated Data Product Factory, a software-as-a-service product that unifies data modelling, cataloguing, governance, quality and a data marketplace into a single interface.

The system uses artificial intelligence and natural language prompts to automate the creation of production-ready data assets for corporate use.

The platform is designed to deliver simplicity through automation by unifying multiple capabilities in a converged offering, chief executive Tim Page said.

Users can reduce the time required to create data products from weeks to days, potentially lowering delivery costs by 40 per cent, the company said.

Oracle Agentic Platform Targets Banks, Financial Companies

Oracle has launched a new agentic platform for the banking and finance sector, featuring applications and pre-built artificial intelligence agents designed to automate customer engagement and business processes across digital and branch channels.

The agents operate within an architecture that maintains human oversight for decision-making and ethical governance, the enterprise software and cloud services provider said.

“By combining domain specific AI, human-in-the-loop governance, and enterprise grade scalability, we’re enabling banks to drive proactive, hyper-personalised engagement while innovating responsibly and competitively,” said Sovan Shatpathy, senior vice president at Oracle Financial Services.

The system features specific tools for loan originations, application tracking and credit decision-making to improve operational speed.

Alkymi Builds Private Credit Data Extraction Tool

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.

ICE Benchmark Administration Recognised by ESMA Under EU Benchmarks Regulation

Intercontinental Exchange (ICE) said that the European Securities and Markets Authority (ESMA) has granted recognition to ICE Benchmark Administration Limited (IBA) as a third-country benchmark administrator under Article 32 of the EU Benchmarks Regulation.

“IBA is pleased to have been granted recognition by ESMA,” said Clive de Ruig, President of ICE Benchmark Administration. “This decision ensures IBA’s EU-based clients can continue to use the ICE Swap Rate® and the LBMA Gold Price without disruption and demonstrates our ability to apply robust governance and best-in-class technology to give market participants confidence in the information they depend upon.”

IBA is already authorised and regulated by the UK Financial Conduct Authority for benchmark administration and oversees a wider suite of benchmarks, including the LBMA Silver Price and ICE Term Reference Rates, which are currently outside the scope of EU BMR.

Bloomberg Compresses Delivery Times for Alternative Data

Bloomberg has launched Data Entitlements within the alternatives-focused ALTD function on its Terminal, integrating analytics from providers such as Placer.ai and Similarweb into the existing investment research platform.

The service reduces the delivery lag of key performance indicator estimates to between three and five days, Bloomberg said.

Richard Lai, global head of alternative data at Bloomberg, said the launch provides clients with “a multi-dimensional view of company performance and the ability to nowcast KPIs at a lower lag”.

Users can now access granular metrics, including web traffic and foot traffic data, alongside traditional financial reports and news. Alternative data consists of non-traditional information sets used by investors to evaluate company performance outside of standard filings and price feeds.

Fitch Solutions Offers Clients Credit Data via Snowflake

Fitch Solutions has launched a range of credit intelligence datasets on the Snowflake Marketplace, enabling market participants to access credit ratings and loan-level performance data directly within the Snowflake AI Data Cloud.

Initial offerings include US automotive and consumer unsecured debt metrics, with plans to add ESG data in the future.

Credit intelligence platforms provide quantitative and qualitative analysis to help financial institutions manage risk and identify investment opportunities.
“We’re making sure our most valuable datasets are available when and where our clients need them,” said Rachel Lojko, president of Fitch Solutions. “This evolution in our delivery model reflects clear client demand for seamless, cloud-native access as firms accelerate their analytics and AI strategies.”

The delivery model uses standardised formats to remove the requirement for custom data ingestion pipelines and manual integration.