Schroders Capital has launched an AI analysis tool for its specialist private markets business.
This Generative AI Investment Analyst (GAiiA) platform is designed to speed up the analysis of large volumes of data and generate a significant portion of draft investment summaries in significantly less time.
As a result Schroders says this will allow its private equity investment specialists to focus on strategic investment activity, reallocating more time on adding value through direct interactions and strategic decisions with target and existing investments.
Schroders says this builds on technology developments across the wider asset management group which has been actively deploying generative AI across the business for a substantial period.
It says Schroders Capital’s proprietary and internal-only platform can harnesses the technical expertise of its data science specialists alongside the investment knowledge of its private equity team. However it adds that the GAiiA platform will have extensive human oversight and control.
GAiiA is currently being used by Schroders Capital’s private equity team for private equity direct/co-investments, although there are plans to expand its use to private equity primaries and secondaries in the future and to other private market asset classes within Schroders Capital where appropriate.
Schroders Capital chief investment officer Nils Rode says: “This proprietary platform will elevate our investment analysis to a new level, enabling our team to make faster and even more informed investment decisions and to focus on higher-value activities. The implementation of GAiiA showcases our commitment to innovation and leveraging technology to deliver superior client outcomes.”
Schroders Capital has around $94 billion (£74.2 billion) of assets under management
Across the business, Schroders has made its internal-only AI assistant, Genie, available to all employees globally. Leveraging the latest GPT models, Genie is used by over 1,000 employees within the firm each day.
More broadly, Schroders has already identified and is working on a substantial number of potential AI use-cases across the business, which include translations, as well as helping its specialists better understand clients’ behaviours and investment patterns.
Graham Taylor, head of private assets data insights at Schroders Capital adds:“Schroders envisions a future where AI tools become an integral part of the investment process. The implementation of GAiiA is a significant step towards this vision. We are committed to driving innovation and embracing technology to deliver value to our clients across asset classes.”
