Beyond Excel: Special report on private credit technology

According to a recent article in Alternative Credit Investor, the rapid growth of the private credit sector has created a demand for advanced technology solutions. Traditional spreadsheets no longer meet the transparency demanded by investors, regulators, and ratings agencies. Private credit firms face specific reporting and software requirements and need systems capable of analyzing diverse loan data.

One major issue private credit fund managers face is the key man risk associated with technology management. Firms that fail to prioritize technology might find themselves at a significant disadvantage.

Recently, Guggenheim Investments implemented Allvue Systems’ technology to streamline its private debt portfolio. Guggenheim said that its decision to use Allvue Systems was “driven by the necessity to address business drivers associated with portfolio and research management across their business – including syndicated loans, direct lending, high yield bonds and investment grade bonds.”

To learn more about the evolving technology landscape in the private credit sector check out the full article by Kathryn Gaw.