CWAN upgrades solutions to tackle challenges facing private credit market
Technology provider CWAN has announced significant enhancements to its alternative assets solution to address scalability and compliance challenges facing the private credit market.
It said the new capabilities include automating bespoke loan structures, accelerating fund research with AI, synchronising data across asset owners and managers, and consolidating mortgage reporting, which it said will enable institutions to scale allocations to private credit and private funds with greater speed and confidence.
Read more: PGIM and Partners Group join forces to offer multi-asset solutions
The new enhancements include:
- Private credit management – fully integrated with accounting workflows to eliminate manual accruals, cashflows, and bespoke loan calculations
- Fund research – applies AI to fund documents and due diligence, reducing review cycles from weeks to days
- Asset sync – provides real-time accuracy across asset owners and managers with a single source of truth
- Mortgage module – unifies residential and commercial mortgage data, automates models, and aligns reporting to NAIC, Solvency II, and other global standards
Read more: Private credit market predicted to grow by up to $300bn by 2030
“Private credit is no longer a niche allocation, it’s central to institutional portfolios. But the operating model hasn’t kept pace,” said Kirat Singh, president, risk and alternative assets at CWAN.
“CWAN is delivering the infrastructure that allows firms to increase allocations without increasing operational risk. That is what’s needed to support the next trillion dollars of private credit growth.”
Read more: Blue Owl Capital unveils first interval fund focused on alternative credit
