Today, Anduin launched Investor Data Management (IDM), a platform that enables fund managers to supercharge their investor workflows through the better management and operationalization of their data — all from one place.
This new solution allows funds to streamline processes by leveraging their existing data stores, eliminating the need to repeatedly request the same information and documents from LPs.
“True democratization will always elude the $13 trillion private markets if each transaction remains at the mercy of an expired driver’s license or passport,” said Eliot Hodges, CEO, Anduin. “IDM solves this problem once and for all by establishing a universal source of truth for all investor information so that each private market transaction can operate more closely to those of the public market. Significantly, GP middle and back office leaders can now shift much of their time away from these historically tedious processes to engaging with their investors and building deeper relationships.”
As a financial technology leader, Anduin’s mission is to revolutionize investing in alts and create solutions that empower lasting LP-GP relationships from first contact to onboarding and beyond. Investor Data Management joins their award-winning suite of offerings including Fund Subscription, Data Room, and Investor Access, which together have helped Anduin raise almost $100B in capital for venture capital, private equity, and hedge funds globally.
Benefits of IDM include:
Master profile of activities and documents for every LP
Saved LP profiles with 1,000+ data points for fast fund subscription
Automated expiration notifications on AML/KYC and identification documents
Real-time sync of LP data with current CRM systems
Multiple fund raises tracked in one place for performance reporting
With IDM, Anduin is transforming and streamlining the entire fund lifecycle from first contact to close and beyond.
By on Thu, 13 Jun 2024 15:34:00 GMT
Original link