Allvue, BC partner to advance AI automation in private credit

By Vriti Gothi

Allvue Systems has expanded its relationship with investment firm BC Partners through the adoption of Allvue Document IQ, an artificial intelligence-driven document extraction solution designed to automate data ingestion across private markets workflows.

The announcement marks the first customer deployment of Allvue’s newly launched product, which combines AI-based data extraction with human-in-the-loop quality assurance and is delivered as a fully managed service. The platform integrates with third-party providers, beginning with Claira for financial document spreading, and is embedded across the Allvue ecosystem.

Private capital firms have long relied on manual data entry to extract financial information from portfolio company reports, lender statements, and other documentation. While foundational to investment monitoring and reporting, the process is labour-intensive and prone to error, often slowing reporting cycles and diverting analyst time from higher-value activities such as credit analysis and deal evaluation.

By automating document ingestion and structuring data within a unified schema, Document IQ aims to address these operational bottlenecks. The integration allows firms to convert unstructured financial documentation into standardised, actionable data without leaving existing workflows.

According to Allvue, the solution can reduce manual processing time for credit analysts by hundreds of hours annually, while improving reporting consistency and reducing operational risk.

For BC Partners, the deployment forms part of a broader effort to modernise its operating model as private markets face growing pressure for faster reporting, greater transparency, and higher data integrity particularly from Limited Partners seeking more granular and timely performance insights.

“The private markets industry demands unprecedented speed and accuracy,” said Joey Fodero, Head of Credit Technology at BC Partners. “Adopting Allvue Document IQ is a critical investment in our future operating model, ensuring we meet the complex demands of our Limited Partners.”

As private equity and credit managers scale assets under management and face increasing regulatory and investor scrutiny, AI-enabled automation tools such as document extraction platforms are emerging as a key infrastructure layer. The collaboration between Allvue and BC Partners reflects a broader sector trend toward embedding artificial intelligence directly into core investment operations to improve efficiency, standardization, and auditability across fund platforms.