A global private markets investment firm with more than 40 years of experience and over $100 billion in assets under management partnered with AutoRek to strengthen operational controls and improve transparency across an increasingly complex investment landscape. With operations spanning private equity, secondaries, co-investments, real assets and private credit, the firm required a scalable approach to reconciliation and controls that could support continued growth.
The Challenge
As the firm’s investments expanded across multiple strategies, operational complexity increased significantly. Teams were managing capital calls, distributions, principal repayments, interest calculations and fees while collecting data from fund administrators, custodians, accounting systems, treasury platforms and internal records. Limited visibility across investments, alongside spreadsheet-based processes and manual monitoring activities, created operational risk and constrained scalability. Investors and auditors also required stronger governance, control and auditability.
The Solution
AutoRek implemented a centralized reconciliation and controls framework across the firm’s private markets operations. Starting with daily bank validation, cash-to-bank reconciliation and monthly securities reconciliation, the platform established a scalable foundation for growth. Automated controls across cash, positions, capital activity, interest, fees and private credit processes provide greater transparency, while centralized exception management, dashboards and audit trails strengthen operational oversight and governance.
The Outcome
By automating reconciliations and consolidating controls across the investment lifecycle, AutoRek helped the firm improve transparency, reduce operational risk and support growth without significant increases in headcount. The platform strengthened governance across investment operations while enhancing audit readiness, investor reporting and NAV production. In addition, the firm established the foundations for future AI-driven operational intelligence, including anomaly detection, exception prioritization and workflow optimization.
Key Benefits
- Scalable controls framework across private markets and private credit operations
- Greater transparency across funds, investments and strategies
- Reduced reliance on spreadsheets and manual processes
- Improved operational resilience and governance
- Stronger auditability and reporting confidence
- Enhanced support for NAV production, investor reporting and due diligence
- Foundation for future AI-driven operational intelligence initiatives