Apex launches Credit Data Lens
20 June 2022 UK
Image: ipopba/adobe.stock.com
Apex has expanded its service offering for credit strategies, with the launch of the Apex Credit Data Lens (CDL).
CDL is a secure, cloud-based portal which allows asset managers a complete real-time view of their credit portfolio from their desktop, smartphone or tablet device. This solution is available for credit strategies deployed via closed-ended, open-ended or hybrid structures.
CDL displays real-time loan performance data and break down of transactions and loan portfolios as well as daily fund and asset level profit and loss (P&L) calculations.
This loan data is displayed in a visual platform with customisable reports and dashboards, suitable for all groups within each organisation. From operations to compliance, there are dashboards suitable to allow each to access the relevant data as and when it is required.
There has been rapid growth in allocations to credit strategies since the beginning of the COVID-19 pandemic, driven by the low-interest environment and demand for private lending from companies seeking capital to fund post-Covid growth, says Apex.
Apex’s existing offering for credit investment strategies and vehicles includes daily P&L, loan administration, full reconciliation, payment processing, trade support, loan closing and agency as well as ESG services for credit strategies.
Eddie Kelly, global head of loan services, Apex Group, comments: “With the explosion of interest in credit strategies, we are excited to launch these new capabilities as part of our robust, adaptable and scalable suite of industry leading technologies.
“The Apex CDL provides our clients with unparalleled visibility of their portfolio as part of our complete credit services ecosystem, to ensure a seamless data flow through all aspects of the fund and help managers to achieve their goals.”
CDL is a secure, cloud-based portal which allows asset managers a complete real-time view of their credit portfolio from their desktop, smartphone or tablet device. This solution is available for credit strategies deployed via closed-ended, open-ended or hybrid structures.
CDL displays real-time loan performance data and break down of transactions and loan portfolios as well as daily fund and asset level profit and loss (P&L) calculations.
This loan data is displayed in a visual platform with customisable reports and dashboards, suitable for all groups within each organisation. From operations to compliance, there are dashboards suitable to allow each to access the relevant data as and when it is required.
There has been rapid growth in allocations to credit strategies since the beginning of the COVID-19 pandemic, driven by the low-interest environment and demand for private lending from companies seeking capital to fund post-Covid growth, says Apex.
Apex’s existing offering for credit investment strategies and vehicles includes daily P&L, loan administration, full reconciliation, payment processing, trade support, loan closing and agency as well as ESG services for credit strategies.
Eddie Kelly, global head of loan services, Apex Group, comments: “With the explosion of interest in credit strategies, we are excited to launch these new capabilities as part of our robust, adaptable and scalable suite of industry leading technologies.
“The Apex CDL provides our clients with unparalleled visibility of their portfolio as part of our complete credit services ecosystem, to ensure a seamless data flow through all aspects of the fund and help managers to achieve their goals.”
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