JPMorgan has launched DealVault, a new technology that tracks private equity investments valuations, performance, risk and exposure analysis globally.
JPMorgan Private Equity Fund Services (PEFS) developed DealVault to provide chief financial officers, deal and investor relations professionals with an advanced platform to centralise volumes of deal tracking information. DealVault integrates with accounting and back office systems, providing private equity investment professionals with one platform to administer every aspect of a private equity investment’s lifecycle.
DealVault arms private equity investment professionals with new tools to:- Store portfolio company information in a web-based application accessible globally.
– Package information in a robust, audit-controlled environment favoured by auditors.
– Facilitate ongoing independent reviews valuations, performance against investment thesis and trend analysis.
– Reduce time spent aggregating and reconciling volumes of data tracking data.
“As a top-tier private equity firm, we must utilise the most advanced, efficient and strategic technology platforms available, DealVault is all of these things wrapped into one,” says Marc Unger, COO, CCMP Capital.
“DealVault is the industrial strength tool the private equity investment industry has been waiting for, particularly given valuation concerns in today’s volatile market. The industry now has a dynamic, efficient and fully integrated solution that provides the controls and security that deal professionals and financial executives need,” adds James Hutter, global business executive, JPMorgan PEFS.