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Cognitive Credit unveils analytics tool for institutional investors

Enterprise software company Cognitive Credit has launched a data-driven analytics application for institutional credit investors, offering clients a web-based solution.

Cognitive Credit, which specialises in the global corporate credit market, said the application is custom designed for institutional investors who operate in the corporate credit space, which has seen limited technological innovation over the past decade when compared to other asset classes.

Robert Slater, CEO and founder of Cognitive Credit, said: “Corporate credit investors have long been frustrated by the lack of technological innovation in their asset class. Over the years I’ve had countless conversations with credit professionals disappointed by poorly designed tools and frustrated with the inefficiency of manual, repetitive processes in their industry.”

The application aims to simplify data management processes, support improved communication and collaboration across investment teams and allow for mobile accessibility.

All the data in the application is generated by Cognitive Credit’s machine reading technology, and it includes features such as web-hosted financial spreadsheet models with interim and annual reports, credit metrics, forecasting functionality, data visualisation tools, text search capabilities, and auto-generated credit memos.

“Cognitive Credit was established to empower credit investors to be more insightful and efficient through advanced technology and thoughtful product design. In developing this application, our team has received ongoing feedback from a wide range of market participants, and this tremendous support has resulted in a product that we see as a game changer for global credit investors,” Slater said.

Also commenting on the launch, Marc Moens, Partner at Pentech, a Cognitive Credit shareholder, said it chose to support Cognitive Credit due to its knowledge within institutional credit markets, artificial intelligence and big data handling.

He said: “At Pentech, we look for software companies that use advanced technologies to define new products in their chosen market. The way [Cognitive Credit’s] product captures, structures, analyses, verifies and displays complex data is unique, and we are excited to support them in establishing their company as a technology leader in the global corporate credit market.”

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