Financial data and index provider MSCI and Swiss banking giant UBS have partnered to improve transparency across private markets through artificial intelligence (AI).
Under the partnership, the firms will expand MSCI’s AI-powered platform to address challenges facing private markets investors, including fragmented data and limited transparency.
The companies said the platform will connect and standardise the entire private markets investment lifecycle.
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“As private markets become an increasingly important part of the investment landscape, investors are looking for the insights, rigor and accessibility that they have come to expect in public markets,” said Henry Fernandez, chairman and chief executive of MSCI. “By combining MSCI and UBS’s respective strengths, we aim to help build the infrastructure that can shape the future of private markets investing.”
UBS said it will be an early adopter of the platform.
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“This partnership builds on our long-standing relationship with MSCI and our shared ambition to increase transparency in private markets,” said Sergio P. Ermotti, group chief executive of UBS.
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