Tech & Evolving World of Alternative Asset Management!

Alternative Asset Management and Technology It’s astonishing that the $30 trillion asset management industry still relies on 76% of its tasks on spreadsheets. Asset management, and technology, are natural partners, where the industry generates tremendous amounts of data, and technology of-course hopes to manage that data. With the growing demands of getting better returns, increased transparency and regulatory demands, there is an increased push towards better tools and technology solutions. In this series we take a look at some of the challenges of current players in the market. Legacy software’s approach to business - Legacy software’s were written in early 2000 addressing the challenges of simpler asset management needs, and very old technology. They were designed to be “point solution” for the alternative asset managers, addressing needs of wither just the accounting or risk or trade management but never a complete data platform. Cost of the technology – The eco...

Alternative Asset Managers with today's business complexities have a few perplexing choices to make to start manage their data intelligently. With limited “point solutions” as options, the choices for building a world class infrastructure for asset manager are difficult. Incredibly many of these solutions were created over two decades ago, for a very different industry. None of these point solutions provide a holistic 360 view of the business of asset management. With limited analytics, outdated user interfaces and zero interoperability they are a management nightmare. An asset manager often spends hours mashing up deal strategy information with valuation data and  cash flows  and combine those with investor data to get the return analytics he needs.  Its often said “Data is the New Oil”. Pepper is the new comprehensive, flexible, scalable cloud based platform for Alternative Asset Managers. Pepper enables the modern alternative asset managers make more intellig...

Alternative asset manager  be it a Private equity manager or a hedge fund manager or say a Family Office manager ,  has needs which are different from the software solutions currently available on the market. Where alternative asset manager needs a 360 view of his portfolio, his functionaries for example the accountant  has a more pointed problems at hand  he is only interested in tracking  the cash flows,  assigning costs to individual transactions etc which is limited to an area of the business accounts. The software solutions deal with just specific aspect of the business or are "point solutions". This leads to a huge gap between what is needed and what is available for the alternative asset managers today. An asset manager is managing different assets under his fund and has varied needs of data. A complex asset manager like a Blackstone or Carlyle of today would be managing a Private equity fund, a Credit fund, Real Estate Fund, a Distressed ...