Emerging Tech Revolutionizing Fund Data Management | David Sarfas

David Sarfas, Head of Private Capital at Intertrust Group, recently discussed with Funds Europe how robotisation and emerging technology is driving data management processes forward. “I think the most important benefit to clients is accuracy and rapidity in delivering the information they seek,” said David.

“It’s not uncommon to use RPA to deal with specific complex data requests. To give an example, when validating data, we can use a robot to comb through information on the internet to confirm a number. The robot will search records to check if that information exists, to help validate the data and assign a probability of accuracy to that data. This means we can identify which data is accurate and which data might need additional investigation.”

David highlighted there is a stronger demand for data than ever before.

“There’s also a higher demand for enriched data – clients want more and more focused information,” he added.

Another trend is a growing demand for information on responsible investment: “Many people are trying to identify criteria relating to environmental, social and corporate governance (ESG) and to ensure they’re able to provide that information to investors. We are prepared to help our clients comply with present and future regulations, e.g. the sustainable finance disclosure regulation (SFDR) in the EU. We’ve developed automated processes, which aggregate data automatically and get it verified and delivered it to the client periodically and as quickly as possible to ensure our clients have the information when needed.”

Commenting on Intertrust Group’s growth ambitions, David said: “Looking at private capital in the alternative asset management space, the biggest market remains North America, then Asia. Europe and Asia are similar in size at the moment, but Asia’s been growing dramatically. We’re already very present in Europe and plan to reinforce our position there. We’re also focusing on growing in North America and Asia.”

You can read the full article here.