Kroll launches digital platform for illiquid asset-management
The increasing development of private market lending and investing has overtaken the current technology and data solutions available – creating an urgent need for advanced software, benchmarking and data management services that are able to provide operational efficiency and transparency. Kroll has founded a new valuation platform, to help manage portfolios and illiquid assets to that end.
Don Carey, President of Kroll Digital Solutions, said, “The growth of private market lending and investing has outpaced the technology and data capabilities supporting the industry, creating a pressing need for software, benchmarking and data management solutions to ensure operational efficiency for GPs and transparency for LPs. Leading alternative asset managers are transitioning away from dated and highly manual approaches to purpose-built solutions to support their processes.”
According to Carey, the Kroll Valuation Platform combines decades of valuation knowledge with expertise developed from building leading public market investment management solutions. This helps to provide efficient investment workflows for front and middle office teams and supports investment, valuation and operations teams to easily leverage critical investment data to monitor portfolios, perform scenario analysis, automate valuations and benchmark performance across their investments.
Key capabilities of the Platform include data extraction from investment documents, valuation modeling tools, Microsoft Excel API connectivity and support for robust reporting at scale. This enables investment, valuation and operations teams to more easily leverage critical investment data to monitor portfolios, perform scenario analysis, automate valuations and benchmark performance across their investments.
Ross Hostetter, Managing Director and Global Alternative Asset Advisory Leader for Kroll, added, “As the world’s leading independent valuation provider, hundreds of alternative asset managers and investors count on Kroll to deliver advice, support and opinions compliant with global regulatory requirements and help them exceed rigorous industry standards. We are thrilled to introduce this new digital capability as a necessary enhancement to our clients’ valuation and data infrastructure.”
Kroll’s is a global professional services firm, of more than 6,500 professionals worldwide. Its expertise spans risk, governance, transactions and valuation – with the firm hosting over 1,500 valuation professionals globally.
