SwanCap taps Canoe to scale alternative investment data processes
By Gloria Methri
Canoe Intelligence, the FinTech company powering alternative investment intelligence, has announced a new client engagement with Munich-based SwanCap Partners, an independent investment boutique.
SwanCap is leveraging Canoe to automate and manage its document collection and data management processes, specifically for its capital calls, distributions, and account statements. SwanCap has implemented two of Canoe’s solutions for alternative investments:
- Canoe Connect: To automatically collect alternative investment documents from portals and email inboxes using API connectivity and deliver the aggregated documents to Canoe Intelligence.
- Canoe Intelligence: To categorize, extract, and validate relevant private market investment data, to ultimately deliver clean, actionable insights to clients’ downstream systems.
Canoe’s integration with SwanCap’s downstream systems will ensure the right data is delivered to the right places and in a timely manner, eliminating additional manual steps in SwanCap’s workflow.
SwanCap is the latest addition to Canoe’s growing roster of European clients. Today, the firm works with over 200 family offices and institutional investors in North America, Europe, and Asia.
This news follows the announcement of Canoe’s expansion in Europe with the recent opening of its London office following a record 2022 and Series B funding round led by F-Prime Capital with participation from Eight Roads.
“We are thrilled to welcome SwanCap on board as another prominent European client. At Canoe, we are proud that our technology is helping them scale their operational processes, reinforce their competitiveness and serve their clients more effectively,” said Toby Bailey, Vice President of Sales, EMEA at Canoe Intelligence.
“Since 2021, we have seen continued growth and have been onboarding new clients, including innovative investment managers like SwanCap, to streamline vital alternatives document and data workflows, which clearly demonstrates the strong demand for our technology as we aim to further expand across Europe.”
IBSi Daily News Analysis
July 19, 2024
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