PartnersAdmin LLC Selects Canoe Intelligence to Scale Its Alternative Investment Data Processes
NEW YORK JULY 13, 2021 – Canoe Intelligence (“Canoe”), a financial technology company focused on reimagining data management processes for alternative investors and allocators, today announced a new client engagement with PartnersAdmin LLC “PartnersAdmin”, a premier partnership accounting and administration firm serving alternative investors, especially those dealing with complex operational challenges associated with their positions.
PartnersAdmin is implementing Canoe’s technology to automate and scale its alternative investment processes from document collection and data extraction to delivery into SEI’s Archway Platform℠.
“Working with Canoe, we are able to help our clients achieve operational efficiency in the most scalable and cost-effective way,” said Scott Tominaga, Chief Operating Officer at PartnersAdmin LLC. “Canoe enables us to streamline how we collect alternative investment documents from multiple sources and dramatically improve the speed and accuracy of delivering clean data into our downstream systems like Archway.”
“We’re pleased to be working with firms like PartnersAdmin to help modernize their operational infrastructure and deliver automation that drives sustainable business growth,” said Tim Loughrey, Head of Client Success at Canoe Intelligence.
About Canoe Intelligence
Canoe Intelligence reimagines alternative investment data processes for hundreds of leading institutional investors, capital allocators, asset servicing firms and wealth managers. By combining industry expertise with the most sophisticated data capture technologies, Canoe’s technology automates the highly-frustrating, time-consuming, and costly manual workflows related to alternative investment document and data management, extraction and delivery. With Canoe, clients can refocus capital and human resources on business performance and growth, increase efficiency, and gain deeper access to their data. Canoe’s AI-driven platform was developed in 2013 for Portage Partners LLC, a private investment firm. www.canoeintelligence.com
About PartnersAdmin LLC
PartnersAdmin LLC was established in 2008 to provide a quality, outsourced solution to meet the dynamic operational needs of the alternative fund industry. In response to the industry’s increasing focus on best practices to reduce systemic risk and promote investor protection, fund managers are continuously faced with distractions and rising internal costs. With offices located in both Carlsbad, CA and Mellville, NY, our team of experts has the hands-on experience necessary to solve the challenges faced by alternative fund managers. We are a SOC 1 Type 2 certified administrator committed to supporting clients throughout the life cycle of their funds. To learn more, visit https://partnersadmin.com/.