Alter Domus, a Luxembourg-based provider of solutions to the alternative investment industry, has acquired London-based fintech, Credit-Vision Limited. Credit-Vision is a data and analytics platform for corporate credit investors. Credit-Vision streamlines and modernises portfolio management by automating data extraction from issuers’ financial reports and channels financial data from multiple sources into a single access point. This allows portfolio managers to make investment decisions based on an enhanced data-driven view of credit risk and quality.
In a separate transaction, Alter Domus has acquired IPS Fund Services, a Boston-based fund administrator serving private equity and venture capital funds. All IPS employees will join Alter Domus and report to Paul Woods, regional executive for North America. IPS has USD9bn AuA.