Guggenheim Investments has chosen Allvue’s portfolio administration and analysis administration instruments for its personal and public debt enterprise.
The method of onboarding is anticipated to take 4 months, and can enable Guggenheim to boost its funding infrastructure and streamline operations, after figuring out a necessity to rework legacy programs and processes.
Guggenheim stated that its determination to make use of Allvue Programs was “pushed by the need to handle enterprise drivers related to portfolio and analysis administration throughout their enterprise – together with syndicated loans, direct lending, excessive yield bonds and funding grade bonds.”
Learn extra: BlackRock revamps personal credit score enterprise
“Allvue Programs has a confirmed observe document in serving to improve decision-making capabilities,” stated Dina DiLorenzo, president of Guggenheim Investments.
“By leveraging Allvue’s sturdy platform, we anticipate to attain appreciable time and price financial savings by way of improved operational efficiencies gained throughout our enterprise.”
The implementation of Allvue Programs will likely be led by Lionpoint and can contain onboarding Allvue’s knowledge administration and reporting instruments into Guggenheim Investments’ present infrastructure, offering Guggenheim’s funding workforce with enhanced entry to crucial knowledge and insights
“We’re excited to finish Guggenheim Investments’ implementation and look ahead to additional realising the anticipated outcomes of this funding,” stated Invoice McMahon, senior companion and credit score section lead from Lionpoint.
“With Allvue’s know-how, Guggenheim is well-positioned to leverage enhanced enterprise intelligence for extra knowledgeable funding choices, which can improve the agency’s general efficiency.”
Learn extra: Guggenheim closes $1.2bn personal credit score fund
“This collaboration marks a major milestone in our journey in direction of serving to asset administration corporations obtain operational excellence,” added Tarek Saleh, chief income officer of Allvue Programs.
“We’re assured that Allvue’s purpose-built options will proceed to empower the Guggenheim workforce to navigate the complexities of the mounted earnings markets with enhanced agility and precision.”
Learn extra: Allvue launches new fundraising software for GPs