JP Morgan Platform Helps Private Equity Move Beyond Spreadsheets

A new front-end platform from JP Morgan Chase & Co.'s private equity fund administration arm is drawing attention to the growing technology demands in a sector where outsourcing is still relatively young.

JP Morgan's Web-based DealVault system, launched last month, centralizes deal-tracking, allowing private equity managers to store financial data on the companies in which they invest. Funds can use the information to aggregate performance, risk and exposure globally.

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