‘Andi for Fund Accounting’ offers agentic A.I. to private equity and fund administration teams.
Allvue Systems, a provider of investment management technology solutions for alternative asset managers, has launched Andi for Fund Accounting, an agent based on artificial intelligence (A.I.) that is intended to help end-users navigate complex workflows, officials say.
Andi is available for private equity and fund administration teams that use Allvue’s Fund Accounting platform. The new offering leverages Allvue’s Agentic AI Platform and is “capable of real-time interactive intelligence, significantly enhancing productivity and user experience,” officials say.
Andi is designed to “assist users in navigating complex workflows such as capital calls, equity pickups, issuer and security setup, fund permissions, and vendor payment applications,” officials say. Andi offers “accurate answers sourced directly from product-specific documentation” via the Allvue Fund Accounting platform.
“The Andi AI knowledge agent represents a major step forward in operational efficiency and intelligent user experience within private equity fund administration,” says Ivan Latanision, chief product officer at Allvue Systems, in a prepared statement. The innovation is “integrated through its browser extension with Allvue’s Fund Accounting platform,” which allows for workflow navigation, reduced onboarding time, and fast access to expertise, Latanision adds.
The Andi AI extension can be downloaded via the Google Chrome Web Store or as an add-on to Microsoft Edge. “Client IT teams requiring assistance or security reviews for the implementation of browser extensions can contact their dedicated Allvue Customer Success Manager,” officials say.
Allvue is headquartered in Miami and has locations throughout North America, Europe, and India. Customers for Allvue’s integrated suite of software include private equity managers, private debt managers, public credit managers, fund administrators, and bank officials, according to Allvue.
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