Alternative Investment Fund Managers (AIFMs) have a lot to do and too little time. Since the funds they manage hold shares in numerous companies, they must conduct just as many valuations.
Additionally, these assets need to be updated regularly, with the frequency continually increasing. In some cases, valuations must be performed on a monthly basis or even more frequently, leading to an immense workload.
It quickly becomes apparent what dangers arise from this:
• The enormous workload carries a significant potential for errors in valuation. Due to liability, these must be avoided at all costs.
• Upcoming tasks cannot be completed on time, causing projects to backlog increasingly. Additional staff could provide relief, but finding new employees is not only difficult but also expensive.
Reliable databases provide noticeable relief. However, the «common offerings» from international players are not a solution here, as they are simply not designed to perform numerous valuations in a short time and drastically reduce the valuation effort.