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Exchangelodge Strengthens Board of Directors with Appointment of Alicia McGinnis

AN OFFICIAL PRESS RELEASE

Exchangelodge

Exchangelodge Strengthens Board of Directors with Appointment of Alicia McGinnis

PRESS RELEASE OCT 9, 2019 6:00 AM EDT

PITTSBURGH, PA, October 9, 2019 – Exchangelodge, a provider of SaaS digital process automation and data integration solutions to Alternative Investment managers, announced today the appointment of Alicia McGinnis to its Board of Directors. McGinnis, General Partner of Audrey’s Kitchen, LP, has extensive experience as a board member and investor in innovative companies.

“It gives me great pleasure to welcome Alicia to the Exchangelodge Board. Alicia is an exceptional leader with in-depth knowledge of commercial strategy. Her experience will be valuable as we continue to expand the company and team,” said Robert Caporale, CEO of Exchangelodge.

As General Partner of Audrey’s Kitchen LP (formed from funding from the acquisition of Respironics, a leading Pittsburgh medical device start-up), McGinnis and her team specialize in B2B SaaS, cybersecurity, media, and financial services companies. McGinnis serves as board member to several of the portfolio companies, promoting lean start-up principles and making funding and business development introductions. McGinnis also serves as a judge at Carnegie Mellon’s annual McGinnis Venture Competition, launched by her family’s funding.

“I’m excited about working with Exchangelodge to increase adoption of our software solutions that provide significant value to alternative investment managers. We will continue to strategically invest in the business and the platform capabilities,“ said McGinnis.

About Exchangelodge
Exchangelodge is an enterprise SaaS platform that provides Digital Process Automation and Data Integration solutions to Alternative Investment Managers. As a configurable, low-code platform, Exchangelodge efficiently combines workflow management, data integration, business rules logic, management dashboards, and reporting to deliver impactful solutions to industry challenges. Exchangelodge clients enjoy the benefits of automation, control, auditability, and transparency, as well as cost and risk reduction. Exchangelodge was founded by industry-leading management consultants at SteelBridge Consulting, a boutique fund advisory services firm that has been dedicated to the alternative investment industry for over 10 years.

For more information, please visit exchangelodge.com.

Contact

Exchangelodge
917-861-0611 | hello@exchangelodge.com
2818 Smallman Street, Pittsburgh, PA 15222
Source: Exchangelodge

 

Exchangelodge Announces Version 2.0 of Its Platform, Including a Fund Administration Oversight Module

AN OFFICIAL PRESS RELEASE

Exchangelodge

Exchangelodge Announces Version 2.0 of Its Platform, Including a Fund Administration Oversight Module

Pittsburgh, PA., September 5, 2019 (Newswire.com) –
Exchangelodge, a provider of SaaS digital process automation and data integration solutions to Alternative Investment managers, announced today the immediate and general availability of Exchangelodge Version 2.0, which includes a Fund Administration Oversight module. The latest release of the Exchangelodge Platform brings together a number of new features and added system functionality, providing substantial benefits to Alternative Investment managers.

“Exchangelodge allows Alternative Asset managers, investors, and administrators to automate key business processes,” said Robert Caporale, CEO of Exchangelodge. “Our new Fund Administration Oversight module eliminates the need for costly shadow accounting and manual reconciliations.”

Advancing Fund Administration Oversight

The Fund Administration Oversight module automates a fund of hedge fund manager’s review of their administrators by utilizing workflows, business rules, and data interrogation to highlight exceptions.

The Fund Administration Oversight module features the following capabilities for fund managers:

· ​Pricing Review: Easily identify pricing exceptions of underlying fund investments, including pricing outside of configurable thresholds and missing prices.

· ​Transaction Review: Efficiently review transactions and identify both completeness and accuracy exceptions, including those related to subscriptions, redemptions, and corporate actions.

· ​Portfolio-Specific Review: On a portfolio or fund basis, review investments across the entire portfolio based on predetermined metrics, such as investment returns, administrator expenses, net other assets and liabilities, and management and incentives fees.

· ​Reporting: Extensive operational reporting on all aspects of key data is readily available in multiple formats, including HTML, Excel, and PDF.

· ​Management Dashboards: Effectively review key summary metrics.

Additional Exchangelodge Version 2.0 Enhancements

Now, the Exchangelodge Platform has the following enhancements available to fund managers:

· ​Workflow Manager: This component now offers File Attachment capabilities and Notifications to improve facilitation of mission-critical business events across internal and external teams.

· ​Data Manager: Advancements such as a Microsoft Azure Connector, Excel upload and download, and a data collection Forms Builder allow you to automate data intensive processes such as fund subscriptions and carry plans.

· ​Report Manager: HTML and PDF reporting formats are now available to improve management effectiveness.

· ​Improved Auditability: From comments to user and system actions, trace data elements back to the source.

· ​Enterprise Enhancements: Support for Single Sign-On Authentication for improved security and integration of log aggregators for system analytics.

About Exchangelodge

Exchangelodge is an enterprise SaaS platform that provides Digital Process Automation and Data Integration solutions to Alternative Investment Managers. As a configurable, low-code platform, Exchangelodge efficiently combines workflow management, data integration, business rules logic, management dashboards, and reporting to deliver impactful solutions to industry challenges. Exchangelodge clients enjoy the benefits of automation, control, auditability, and transparency, as well as cost and risk reduction. Exchangelodge was founded by industry-leading management consultants at SteelBridge Consulting, a boutique fund advisory services firm that has been dedicated to the alternative investment industry for over 10 years.

About SteelBridge Consulting

SteelBridge Consulting is a boutique services firm which provides expertise exclusively to the Private Capital industry. Their mission is to help clients successfully execute on their strategic, financial, and operational objectives to create more effective organizations. SteelBridge Consulting services general partners, limited partners, third-party administrators, portfolio companies, and software vendors.

For more information, please visit exchangelodge.com and steelbridgeconsulting.com.


Contact
Exchangelodge
917-861-0611 | hello@exchangelodge.com
2818 Smallman Street, Pittsburgh, PA 15222


Original Source: www.newswire.com

Exchangelodge Launches Its Digital Process Automation and Data Management Platform

AN OFFICIAL PRESS RELEASE

Exchangelodge

Exchangelodge Launches Its Digital Process Automation and Data Management Platform

PRESS RELEASE APR 27, 2017 12:00 EDT

PITTSBURGH, PA, April 27, 2017 (Newswire.com) – Exchangelodge, a digital process automation and data management platform for Private Capital, today announced the availability of its version 1.0. As an enterprise solution built with modern technology and delivered through a secure cloud environment, it aims to be a key solution for the industry.

Exchangelodge provides a digital platform that includes:

  • Workflow Manager – Facilitates mission-critical business events across internal and external teams, and provides a playbook of Private Capital specific workflows.

And, it will soon have these components:

  • Data Manager – Integrates structured and unstructured data within a firm, and provides technology that automates Private Capital processes.
  • Report Manager – Automates metric reporting of business events to provide transparency to management teams, clients, and investors.

“Private Capital assets under management are growing rapidly. This growth, coupled with increasing demands from regulators and investors, is straining the existing operating models of these firms. We are excited about the availability of the Exchangelodge platform, which delivers a powerful automation solution for alternative investment managers,” said Robert Caporale, CEO of Exchangelodge.

Providing insight to the benefits of using this type of platform, EY’s 2017 Global Private Equity Survey speaks to how “Digital process automation – mobile, self-service, analytics, and workflow – can provide efficiencies for GPs and LPs.” It continues that “Beyond solving the investor request challenge and automating the routine, digitized process opens up an additional world of automation to enable electronic ingestion of unstructured data from documents to streamline process and regulatory compliance.”

James Haluszczak, Founder of Exchangelodge, said, “We’re thrilled to release the first version

of Exchangelodge and take a big step toward delivering on our overall vision of helping Private Capital firms automate and manage data.”

About Exchangelodge

Exchangelodge is making Private Capital data management simple and teams productive. Providing a playbook of workflows, enterprise data connectors, and metric reports, our platform improves efficiency, mitigates data and key-man risk, and enhances investor and regulatory reporting.

About SteelBridge Labs

SteelBridge Laboratories provides carefully selected FinTech startup companies with deep industry experience that arms entrepreneurs and management teams with the appropriate tools for success. The Lab invests in pre- or early-revenue startup FinTech companies that innovate to solve systematic industry gaps. Their target companies are service-enabled and cloud-based with B2C market volume but use a B2B delivery approach and capital efficiency. Exchangelodge is a portfolio company within The Lab.

For more information, please visit exchangelodge.com and steelbridgeconsulting.com.

Contact

Exchangelodge
917-861-0611 | hello@exchangelodge.com
2818 Smallman Street, Pittsburgh, PA 15222
Source: Exchangelodge

 

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Exchangelodge Names Industry Veteran Robert Caporale as CEO

AN OFFICIAL PRESS RELEASE

Exchangelodge

Exchangelodge Names Industry Veteran Robert Caporale as CEO

PRESS RELEASE NOV 1, 2016 04:00 EDT

Pittsburgh, PA, November 1, 2016 (Newswire.com) – ​​​​​​​ Exchangelodge, a business process automation and data integration platform for private capital firms, today announced it has appointed Robert Caporale as Chief Executive Officer and a member of the Board of Directors. Another major milestone in Exchangelodge’s timeline, earlier this year Exchangelodge received seed funding from SteelBridge Labs.

Robert is a seasoned executive with more than 25 years experience in financial and technology services. Robert has held senior management positions at J.P. Morgan, Deutsche Bank, Fiserv, and IBM. At J.P. Morgan, Robert was the founder and CEO of the Private Equity Fund Services business. J.P. Morgan was the first bank to enter this market, and Robert and his team set the gold standard for these services and grew the business rapidly.

Exchangelodge founder James Haluszczak stated, “We have chosen a very strong and effective leader at a time when Exchangelodge is poised to make a big difference in the private capital industry. Robert has a history of proven success in the private capital and financial services industries. We are confident he will take Exchangelodge to great places.”

According to EY’s 2016 Global Private Equity Fund and Investor Survey, private capital firms are keenly focused on meeting the reporting demands of investors and managing regulatory change and operational risk. Private capital firms are looking at redesigning their business models as part of a renewed strategic focus on controlling costs and improving operational efficiency.

“Exchangelodge has developed a revolutionary platform for private capital firms that eliminates the challenges of manual processing and provides a more robust data management infrastructure. The possibilities for reducing cost and risk are significant,” said Caporale. “I’m thrilled to join the team and partner with James and SteelBridge Labs to grow the company and drive broad-based adoption of our platform.”

About Exchangelodge

Exchangelodge makes private capital data management simple and teams productive by providing a playbook of workflows, enterprise data connectors, and boardroom quality reports. Our platform improves efficiency, mitigates data and key-man risk, and enhances investor and regulatory reporting. With an industry focus on FinTech and RegTech, we have every area covered.

About SteelBridge Labs

SteelBridge Laboratories (The Lab) provides carefully selected FinTech startup companies with deep industry experience that arms entrepreneurs and management teams with the appropriate tools for success. The Lab invests in pre- or early revenue startup FinTech companies that innovate to solve systematic industry gaps. Their target companies are service-enabled, cloud-based with B2C market volume but use a B2B delivery approach and capital efficiency.

For more information, please visit exchangelodge.com.

Source: Exchangelodge LLC 

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Original Source: www.newswire.com