Bringing you live news and features since 2006 


Accusource teams with Canoe Intelligence


Accusource, a provider of  middle- and back-office operational services, has teamed with Canoe Intelligence, in a bid to bring ‘efficiency, speed and increased accuracy’ to the investment management industry.

Institutional investors and family offices manage complex portfolios that often include scores of alternative investments such as hedge funds, private equity and venture capital. As a result, these firms are inundated with thousands of email, web-based and PDF documents containing hundreds of thousands or millions of transaction, valuation and performance data points. Manually converting these critical, data-rich documents to productive digital formats costs investment firms as much as $4 million annually. Canoe’s technology automates the extraction and management of these data points and documents, allowing firms to refocus capital and human resources on business performance and growth. 

“We’re excited to roll out this new service with Canoe Intelligence for a long-standing industry bottleneck,” says Ryan Kerry, CEO of Accusource. “Manual entry has plagued our clients for years with no solution in sight. Using the latest breakthroughs in technology and augmented by an experienced staff at Accusource, we’re aiming to eliminate manual entry!”

“At Canoe, our mission is to eliminate manual data entry and streamline operational processes for any firm dealing with alternative investments,” says Seth Brotman, Canoe CEO. “We’re pleased to partner with another industry-leading firm like Accusource to help more investment firms take advantage of the speed, accuracy, efficiency and control that is possible when deploying an automation solution like Canoe Intelligence.”

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by