Accelex, an innovative platform for data acquisition and analytics, has garnered a significant capital investment during a period of explosive growth. This article explores the company’s ambitious plans and its partnerships designed to reshape the alternative assets industry.
Accelex’s Rapid Growth and Capital Boost
The recently announced capital infusion is poised to accelerate the growth of Accelex, giving the company much-needed agility and resources to expand its operations, jazz up its product offerings, and deliver top-notch client success. Witnessing a remarkable growth trajectory in the past two years, Accelex has managed to onboard top-tier asset owners, servicers, and service providers, now handling a combined asset base of over $1.5 trillion.
Leveraging Data Science for Investment Transformation
Private market investments, notoriously opaque and labor-intensive, are now being revolutionized by Accelex’s market-leading data science techniques. By automating end-to-end workflows, from document acquisition and data extraction to reporting and analytics, Accelex is disrupting the industry. It is helping investors better understand the drivers of investment performance in the alternative assets industry by making unstructured content easily understandable.
Journey Towards Innovative Solutions in Private Markets
This capital infusion further cements the bond between Accelex and FactSet. FactSet’s private markets growth strategy has always featured Accelex’s technology as a key influence. Rob Robie, Executive Vice President, Head of Institutional Buyside at FactSet, expressed his excitement about the partnership with Accelex. He highlighted the ambition to afford the alternative investment community with superlative data and analytics, striving for better investment outcomes.
This partnership represents a significant milestone for Accelex, affirming its stand as a role-player in the alternative investment data management and analytics industry. With the financial backing and the collaborative efforts with FactSet, Accelex is geared up for an exciting journey of bringing innovative solutions to private markets.
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