Outdated data architecture and process design is a “lag” on the private credit market and firms need to modernise their data admin to get ahead of the game, according to SEI’s head of alternative investments.
“Yesterday’s admin models can’t carry today’s market. The bottleneck isn’t headcount; it’s data architecture and process design,” said Michele Deely, head of alternative investments at SEI.
Read more: UK government to expand CDC schemes in investment push
“Growth across private markets has outpaced legacy operations, and the leap-frog moment comes from modern data pipelines, API consumption and straight-through processing combined with teams organised to continuously evolve, not just maintain,” she added.
“Talent plus data, not one or the other, is what converts complexity into efficiency and turns cycle- time gains into a competitive advantage.”
Read more: UK RE lending rises 33pc in H1 as sentiment turns “bullish”
Deely said that younger investors also expect transparency and digital servicing by default, and managers need to meet that demand to “future-proof” their firms.
“Managers need daily-ready cash-flow processing, more frequent valuations, API-based reporting and robust onboarding,” she said.
