Fintech company Inveniam Capital Partners, which describes itself in its press release as "offering proprietary data solutions to digitize and automate the middle-office for private assets," announced that it would provide technology to Cushman & Wakefield to "further the global trading of private market assets with real-time data surveillance."
Inveniam says it has an "operating system for data" that allows the technology to work with big data, doing analytics but without a data lake or database — without a single location where all the data must reside, which is the typical approach used, as the company's website says. Instead, the data "sits on the edge." Edge computing refers to distributed computing that brings processing to the sources of data, rather than requiring the data to be brought to the computing.
The company says this allows timely delivery of data on such "data-rich, low-frequency trading assets" like real estate, private equity, or infrastructure, which historically haven't seen frequent mark to market valuation. The data can help in valuation and risk management on a quarterly, monthly, and weekly basis. Inveniam says that eventually they will be able to drive daily valuation.
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