Aztec Group and Lantern form strategic alliance to enhance fund data access and client experience in private markets.
Strategic Alliance Between Aztec Group and Lantern Optimizes Fund Data Access and Client Experience in Private Markets London — (Business Wire) — The private market sector is at a critical juncture, driven by an increasing demand for high-quality, real-time fund data from investors and clients. This trend highlights the need for greater transparency, faster data delivery, and improved collaboration mechanisms. To address these challenges, leading investment fund manager Aztec Group has announced a strategic partnership with data intelligence platform Lantern. The alliance aims to enhance client decision-making processes by providing on-demand, high-quality fund data. According to the agreement, Aztec Group will leverage Lantern's data management platform to improve the speed and quality of its fund data delivery. This initiative will meet clients' growing needs for reliable data and better integrate Aztec's existing accounting documents and key data resources, offering a seamless and efficient user experience. Will Relf, Data Director at Aztec Group, emphasized the significance of timely access to high-quality data in today's evolving industry landscape. "As the industry progresses, real-time access to quality data has shifted from being a luxury to a necessity. Aztec has always been committed to supporting our clients with dependable data. Through this partnership with Lantern, we will further strengthen our capabilities by fully embedding innovative data solutions into our clients' daily operations, enabling them to make more informed and confident data-driven decisions." The collaboration will empower investors and fund managers with more current and accurate information, enhancing investment efficiency and decision quality. For Aztec Group, this move represents a crucial step in bolstering its competitiveness in the highly competitive fund management market. Lantern’s advanced data processing technologies aim to tackle long-standing issues in fund reporting, such as low transparency and delayed information dissemination. Industry experts agree that the strategic alliance between Aztec Group and Lantern marks a significant transformation in private market data management. This partnership not only meets current market demands but also sets the stage for future industry growth. By combining Aztec Group’s extensive global service network and technological prowess with Lantern's cutting-edge data intelligence tools, the duo is poised to significantly advance the field. Impact and Benefits of the Partnership Lantern, founded in 2022, focuses on providing technical support for data management and analysis in the private markets. Its platform utilizes advanced data science techniques and audit-verified real-time data to assist fund management companies in querying and controlling relevant fund and portfolio information, thereby boosting performance. Tony Poulson, Financial Director at Aztec Group, further elaborated on the collaborative effort: "Fund management firms increasingly require connected and collaborative solutions to use and analyze data with confidence throughout their operations. Our partnership with Lantern is designed to redefine the data-driven decision-making standards in the private equity industry. By integrating Aztec Group’s premium data and Lantern’s leading technology, we ensure our clients receive the necessary tools to make agile and collaborative data-based decisions." Enhancing Transparency and Real-Time Access Aztec Group plans to integrate Lantern’s platform into its global data services to increase transparency and real-time access for clients to their fund data. This integration will facilitate a more streamlined approach to data-driven decision-making, addressing the pressing need for reliable and timely information in the fast-moving private market landscape. Since its establishment in 2001 on the island of Jersey, Aztec Group has grown to become a leading global fund manager, employing over 2,000 people across six countries. Despite its expansion, Aztec Group maintains a strong focus on client-centric values, aiming to build long-term relationships and provide exceptional operational services throughout each fund's lifecycle. This partnership will further solidify Aztec Group’s leadership in data-driven services, helping it maintain a competitive edge. Industry Insights and Profiles The collaboration between Aztec Group and Lantern is seen as a pioneering innovation in the private market, potentially leading to a broader technological shift within the sector. Experts believe that this alliance will set new standards for data collaboration between fund managers and their clients, driving further advancements in the industry. Aztec Group is renowned for its dedication to service excellence and technological innovation. With this partnership, the company continues to push the boundaries of what is possible in fund management. Lantern, on the other hand, has quickly established itself as a frontrunner in data intelligence solutions, leveraging cutting-edge technologies to bridge the gap between complex data sets and actionable insights. Together, Aztec Group and Lantern are creating a robust framework that not only meets the immediate needs of investors and fund managers but also paves the way for sustainable growth and development in the private market. This strategic alliance is a testament to the power of collaboration in driving meaningful change and setting new benchmarks in data-driven financial services.
