Partnership aims to empower private equity firms with advanced data solutions, enhancing portfolio monitoring and value creation capabilities.
London – QuantSpark, a leading data analytics and AI consulting firm, and Chronograph, a provider of next-generation portfolio monitoring solutions for private equity, today announced their partnership, dedicated to equipping private equity firms with robust technology infrastructure and expert guidance for adopting data-driven value creation strategies.
In a challenging investment landscape marked by rising interest rates, inflationary pressures, and slower growth, private equity firms seek innovative approaches to drive outperformance in their portfolio companies. Leveraging data analytics as a strategic asset has become critical for firms navigating these complex market dynamics. However, private equity firms often struggle to aggregate data and derive actionable insights due to outdated data collection methods and disparate systems.
QuantSpark and Chronograph address these challenges by providing shared clients with greater data accessibility, a single source of truth, and strategic guidance to enhance data management, strengthen insights across funds and portfolio companies — and ultimately, embrace a data-driven approach to value creation.
Chronograph’s next-generation cloud-based analytics and data management solutions enable private equity firms to collect, standardise, and centralise company-specific metrics alongside core KPIs, enhancing data accessibility and granularity for downstream analysis. Further, via Chronograph’s data warehousing solution ‘Snowbank’ and GraphQL API, firms can easily pull their portfolio company data housed in Chronograph into downstream dashboards, visualisations, and other BI tools.
QuantSpark has deep expertise in unlocking high-value, complex processes to drive operational efficiency and profitability. Across the private equity value chain, QuantSpark applies comprehensive data science experience, and a thorough approach to data architecture design and implementation, to unique data analytics solutions to match firms’ specific objectives and needs. Advising on end-state metrics and dashboards and creating thorough data roadmaps, QuantSpark provides the skillsets needed to build infrastructure and pipeline integrations, enabling private equity firms to integrate their Chronograph data with other data sources effectively.
Chronograph CEO, Charlie Tafoya remarked, "Chronograph's portfolio monitoring solution provides private equity investors with unparalleled visibility into portfolio performance. By partnering with QuantSpark, we can offer clients tailored analytics solutions and strategic guidance to maximise the value of their investment data and explore burgeoning opportunities across AI and machine learning."
QuantSpark CEO, Adam Hadley, emphasised the significance of this partnership, stating, "Private equity firms require sophisticated data solutions to unlock hidden opportunities and drive superior investment returns. Our collaboration with Chronograph enables us to offer clients a holistic approach to data strategy, combining advanced technology infrastructure with expert advisory services."
QuantSpark is a leading analytics and AI firm aiming to supercharge high-value, complex processes to drive operational efficiency and profitability.
Chronograph was founded in 2016 to bring differentiated technology solutions to the private capital market. The firm’s products help institutional limited partners and general partners – including many of the world’s largest private equity and venture capital investors – streamline and automate portfolio monitoring, valuations, analytics, and reporting. The firm is backed by Summit Partners, The Carlyle Group, and Nasdaq, Inc. For further information please visit www.chronograph.pe.