AltExchange: The Alternative Investment Data Standard
The AltExchange Alliance is an industry alliance that defines and promotes standardized formats for the transfer of data between parties investing in private equity and alternative investments. The Alliance is a non-profit organization governed by a Board of Directors elected by its members.
Designed, defined and maintained by investors and fund managers
The AltExchange Alliance is a new industry body chartered to define, maintain and promote a single data standard for sharing information between all participants in the private equity industry. The Alliance is an organization consisting of members representing all types of firms from across the globe.
A universal data standard for sharing private equity investment information
Limited partners want to save time and reduce the number of resources needed to process the data provided to them by fund managers. Every quarter, they struggle to validate and aggregate this information. The use of the AltExchange Standard streamlines this entire process, saving time, reducing errors and enabling data to be quickly aggregated and made available for analysis.
For general partners, fund managers and fund administrators, the reporting demands from investors continue to increase. Rather than spending significant time and effort to meet the requests of their individual investors, a GP can leverage the AltExchange Standard to produce information in a single format to meet the transparency and reporting demands of their investors.
For more information about AltExchange, please visit the dedicated website: www.AltExchange.com