MODERN DATA INTEGRATION TOOLS AND APIS WILL CONNECT THE TWO PLATFORMS MINIMIZING MANUAL INTERVENTION FOR THESE COMPLEX OPERATIONAL WORKFLOWS
LONDON, UK – DECEMBER 9, 2021 – Accelex, a data acquisition, analytics and reporting solution for private markets investors and asset servicers, is pleased to announce that they have formed a strategic partnership with LemonEdge to enable clients to further automate their front to back-office alternative investment operations.
These two modern SaaS platforms bring end-to-end digitization from the automated extraction of critical financial information from private markets investment documents with Accelex to the seamless flow of performance and accounting data into the LemonEdge platform.
The alternative investment industry is set to continue its growth trajectory and the proliferation of data, particularly greater transparency into fund underlying assets, is challenging an eco-system of technology partners to digitize these processes effectively. Accelex and LemonEdge offer clients a compelling proposition, removing the typically manual, resource intensive processes associated with the extraction of investment data and entry into the accounting platform.
“Partnering with Accelex will provide LemonEdge clients a native implementation of a service specifically designed to remove manual extraction and human-entry processes from unstructured data sources,” said Jamie Nascimento, LemonEdge co-founder and Chief Commercial Officer. “To seamlessly integrate this data into the LemonEdge platform will offer clients the single source of truth they require for comprehensive data management.”
“We are thrilled to be working with the outstanding team at LemonEdge. Our organizations have an excellent fit – both technically and culturally – and we are excited to bring the benefits of this partnership to our clients,” remarked Michael Aldridge, president at Accelex.
Accelex provides a data acquisition, analytics and reporting solution for investors and asset servicers enabling firms to access the full potential of their data. Powered by proprietary artificial intelligence and machine learning techniques, Accelex automates processes for extraction, analysis, and sharing of critical investment performance and transaction data. The solution has been developed to simplify the demanding workflow requirements of investors and their asset servicers. Headquartered in London, Accelex has offices in Paris, Luxembourg, New York and Toronto. For further information please visit https://accelextech.com
LemonEdge is a next generation platform for managing private markets fund and portfolio accounting. The first modern API based, low-code platform for complex accounting, delivering the performance, complexity, and fast custom requirements demanded by the industry with user experience centerstage. Offering a fully integrated waterfall technology, custom Excel calculations and investor portal. For further information please visit https://www.lemonedge.com