Henry Lin, founder and CEO of Linnovate Partners, discusses how AI technologies will transform fund administration. The company uses AI to interpret complex documents, automate labour-intensive tasks and generate predictive analytics in real time, leading to faster insights and improved communication with investors. However, adoption of AI may pose challenges for traditional administrators who need to adapt their processes. The firm also highlights the potential of AI to elevate the industry and provide greater transparency, efficiency and strategic value to private market funds. Despite initial cost reductions, AI delivers a far better service for clients, with the focus on long-term value over time.
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