Guggenheim onboards Allvue Systems for private debt portfolio solutions
Guggenheim Investments has selected Allvue’s portfolio management and research management tools for its private and public debt business.
The process of onboarding is expected to take four months, and will allow Guggenheim to enhance its investment infrastructure and streamline operations, after identifying a need to transform legacy systems and processes.
Guggenheim said that its decision to use Allvue Systems was “driven by the necessity to address business drivers associated with portfolio and research management across their business – including syndicated loans, direct lending, high yield bonds and investment grade bonds.”
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“Allvue Systems has a proven track record in helping enhance decision-making capabilities,” said Dina DiLorenzo, president of Guggenheim Investments.
“By leveraging Allvue’s robust platform, we expect to achieve considerable time and cost savings through improved operational efficiencies gained across our business.”
The implementation of Allvue Systems will be led by Lionpoint and will involve onboarding Allvue’s data management and reporting tools into Guggenheim Investments’ existing infrastructure, providing Guggenheim’s investment team with enhanced access to critical data and insights
“We are excited to complete Guggenheim Investments’ implementation and look forward to further realising the anticipated outcomes of this investment,” said Bill McMahon, senior partner and credit segment lead from Lionpoint.
“With Allvue’s technology, Guggenheim is well-positioned to leverage enhanced business intelligence for more informed investment decisions, which will enhance the firm’s overall performance.”
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“This collaboration marks a significant milestone in our journey towards helping asset management firms achieve operational excellence,” added Tarek Saleh, chief revenue officer of Allvue Systems.
“We are confident that Allvue’s purpose-built solutions will continue to empower the Guggenheim team to navigate the complexities of the fixed income markets with enhanced agility and precision.”
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