PenSam works with SimCorp on alts data extraction

PenSam, the Danish labour market pension fund, has adopted SimCorp’s new machine learning product, Intelligent Document Processing, delivered through the SimCorp Dimension platform. Intelligent Document Processing automates the extraction of unstructured data from private market funds. PenSam has EUR22.8bn (USD24bn) AuM, of which alternatives have reached EUR6.7bn (USD7bn). Intelligent Document Processing has been developed in partnership with New York-based data acceleration platform, Alkymi.

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