Provenio Capital Selects Canoe Intelligence to Automate Alternative Investment Data Workflows
NEW YORK DECEMBER 1, 2020 – 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 Provenio Capital “Provenio“. Based in Newport Beach, California, Provenio Capital is an independent advisory firm specializing in alternative investments. In partnering with Canoe, Provenio will be leveraging Canoe’s technology to automate their most manual workflows around document and data management, ultimately streamlining the delivery of data into Addepar.
“Implementing Canoe at our firm has been game-changing for our team,” said Kevin Murphy, Partner and Co-Founder at Provenio Capital. “Before Canoe, we were managing all of our alternative investment documents and data workflows manually, and now we are able to refocus that time on higher impact activities for our clients.”
“We’re pleased to work with industry leaders like Provenio Capital to reimagine their alternative investment data processes,” said Jason Eiswerth, CEO at Canoe Intelligence. “By outsourcing these legacy processes, firms like Provenio are able to benefit from applying the most sophisticated technology to their workflows, improving the speed and accuracy or reporting, and maintaining control over their vital data.”
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 Provenio Capital
Provenio Capital was born out of the desire to offer guidance, access and a process-oriented approach to alternative investing – an area where they believe portfolios can benefit the most. Provenio’s aim is to harness the investment strategies that traditional allocators find difficult to access, using their experience to provide innovative solutions and maximize opportunities for clients. Founded in 2016, Provenio prides itself on sourcing, providing diligence on, and underwriting managers across the alternative investment landscape, with a focus on strategic asset allocation and structuring. Provenio Capital’s clients include family offices, entrepreneurs, investment professionals, as well as private foundations and high net worth individuals. www.proveniocapital.com