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Allvue Systems Introduces AI-Powered Andi for Private Equity Fund Accounting

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Allvue Systems, a leading provider of investment management technology solutions, has launched Andi for Fund Accounting, an advanced AI-powered knowledge agent designed to enhance productivity and user experience for private equity and fund administration professionals utilizing Allvue’s Fund Accounting platform.Andi, leveraging Allvue’s secure Agentic AI Platform, functions as an AI Knowledge Agent capable of providing real-time interactive intelligence. Its design aims to significantly improve operational efficiency by assisting users in navigating complex workflows such as capital calls, equity pickups, issuer and security setup, fund permissions, and vendor payment applications. The system delivers instant, accurate answers sourced directly from product-specific documentation within the Allvue Fund Accounting platform, with responses dynamically adapting to situational context.Ivan Latanision, Chief Product Officer at Allvue Systems, stated, “The Andi AI knowledge agent represents a major step forward in operational efficiency and intelligent user experience within private equity fund administration. This innovative technology is seamlessly integrated through its browser extension with Allvue’s Fund Accounting platform, enabling professionals to navigate workflows effortlessly, drastically reduce onboarding time, and gain immediate expertise, ultimately empowering smarter, faster decision-making.”Ease of access and robust security are foundational to Andi’s design. The browser extension is compatible with Chrome and Microsoft Edge, with quick installations available via the Chrome Web Store and Microsoft Edge Add-ons page. Frank Vesce, Chief Information Security Officer at Allvue Systems, emphasized, “Andi combines simplicity with robust security to ensure private equity professionals have trusted access to AI-powered workflow navigation assistance. Client data remains protected at every interaction, processed entirely in-memory without retention, and is never leveraged for training foundational AI models.”This innovation aligns with a global trend of private equity firms accelerating technology adoption to address industry-wide challenges, including economic volatility, fundraising constraints, and operational complexity. The World Economic Forum reports that 95% of private equity firms intend to increase their AI investments over the next 18 months, recognizing the significant advantages in operational efficiency, portfolio monitoring, and ESG integration that AI offers.The launch also reflects broader industry shifts highlighted by Allvue’s GP Outlook Survey, which indicates a transition from traditional operational models toward intelligent automation powered by generative AI. This shift is transforming private equity operations and strategic execution. Andi’s future roadmap includes additional capabilities, such as expanded data query features and task automation, aimed at further enhancing user experiences and operational agility within private equity and fund administration workflows.Andi is currently available to existing Allvue Fund Accounting clients. Users can download the Andi AI extension through the Chrome Web Store or Microsoft Edge Add-ons. Allvue Systems, headquartered in Miami with global offices, is a recognized leader in cloud-based technology, AI, data, and services for alternative investment managers across private capital markets.

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