Carlyle and Day is a global provider of investment decision support tools for the private capital market. Our tools are software applications for portfolio monitoring and reporting, performance measurement and benchmarking, cash flow forecasting, document management, investor administration and exposure analysis; investment services, such as holdings and fundamentals transparency, portfolio reporting, data management and research, including model validation and simulations; and data and analytics, such as benchmarks, performance, risk and behavioural data on the private capital market.
Against a backdrop of mounting competition and reporting requirements, the private equity market is experiencing a heightened need for transparency for investors and regulators alike, who are demanding greater access to timely information. With the right private equity software, firms are in a stronger position to meet stringent reporting and due diligence demands – and improve both operational efficiency and investment performance.
Today, in their hunger for data, private equity limited partners expect general partners to deliver the same granularity and transparency that investors receive from the public market. Meanwhile, the need to comply with a range of new requirements, including the Alternative Investment Fund Managers Directive (AIFMD), the Foreign Account Tax Compliance Act (FATCA), Form PF of the Dodd-Frank Act and the Institutional Limited Partners Association (ILPA) guidelines, has added to the demands placed on PE firms.
But for the sector as a whole, transparency and accuracy are the foundation of not only reporting and compliance but also informed investment decisions. To continue to operate effectively while delivering growth and performance, private equity firms therefore need new ways to transform data into intelligent information. As a result, investment in private equity software – and the automation and streamlining of data processes – is becoming essential for maintaining a competitive edge.