Data services company Linedata has launched the Cognitive Investment Data Management Service, a front-office data management solution, to strengthen the investment management process for asset managers and alternative funds.
The solution utilises artificial intelligence, machine learning and natural language processing to collate customisable information and insights, enabling asset managers to spot alpha.
With the rise of digital transformation and the explosion of data, asset managers and credit analysts are often strapped for time and facing an information overload, says Linedata.
With the solution, investment teams can act faster to spot alpha while gaining back time and productivity, it adds.
The new solution also provides asset managers and alternative funds with the ability to add an on-demand virtual assistant.
Commenting on the new solution, Anup Kumar, global head of Linedata Global Services (pictured), says: “Having quick and seamless access to investment data is critical for responsible financial decision making in the private markets sector.”
He adds: “Not only does Linedata provide clean, accurate and structured private and public coverage data to our clients, but we can also help them better understand its insights to enable them to capitalise on opportunities to generate alpha, ultimately boosting their operational efficiency.”
