Convergence’s offerings are designed to solve several critical business challenges faced by investment managers and their service providers:

• Data Gaps & Analysis Overhead: Alternative asset managers and service firms often lack the internal resources or data to gain a holistic view of the industry. Convergence addresses this by providing an end-to-end data solution – sourcing, normalizing, and structuring massive amounts of industry data into actionable intelligence. This dramatically “reduces the time, complexity and cost” for clients to develop the data-driven insights needed for strategic and tactical decisions. Instead of manually sifting through regulatory filings or disparate sources, clients receive ready-to-use analyses and alerts from Convergence’s platform.

• Finding New Business & Revenue Opportunities: In a competitive market, fund managers, administrators, and other service providers struggle to identify prospects or trends early. Convergence’s analytics tackle this by continuously monitoring the alternative investments landscape and pushing alerts on meaningful events. Clients receive daily proprietary alerts (100+ per day) on the investment manager industry – for example, notifications of funds launching, managers hiring or firing service providers, notable performance swings, etc. – which create “warm leads” for sales teams. By highlighting such developments, Convergence gives its users a first-mover advantage to pursue new allocations or client engagements ahead of competitors. One client testimonial attests that Convergence data allows their sales strategy to be “surgical” and that “We cannot operate without it!” underlining how vital these insights can be for business development.

• Managing Operational & Compliance Risk: Investment firms face non-investment risks (operational errors, regulatory compliance failures, service disruptions) that can lead to financial loss or reputational damage. Convergence helps solve this by continuously analyzing risk indicators in firms’ public disclosures and internal data patterns. It generates independent risk scores and flags – for example, detecting red flags across 21 operational business conditions that might need heightened attention. It also evaluates the “quality” of a firm’s regulatory filings (ADV, Form D, Form PF, etc.), scoring their accuracy and consistency relative to peers. If a firm’s filings show anomalies (e.g. inconsistent conflict-of-interest disclosures or errors), Convergence’s tools will highlight that as a potential compliance weakness. Additionally, by comparing a firm’s profile to those of firms sanctioned by the SEC, Convergence can warn if a firm exhibits a high “match rate” with factors that preceded past enforcement cases. These predictive risk analytics enable clients to proactively shore up weak spots. Convergence’s consulting team can further assist by performing operational due diligence or improving compliance processes in response to the findings. The overall goal is to prevent surprises – as Convergence puts it, “early detection” of issues so that most risk-related losses can be managed or avoided.

• Improving Efficiency & Resource Allocation: Many firms grapple with questions of scaling and productivity – e.g. “Are we appropriately staffed for our growth?” or “How do we compare to our peers in efficiency?” Convergence’s analytics help answer these. By benchmarking a firm against its peers on metrics like revenue or assets per employee, hiring rates, and outsourcing impacts, Convergence identifies where a firm may be under-resourced or over-investing in certain functions. Its workforce analytics show if a manager is hiring more or fewer people than similar firms given its workload, and whether it has the right mix of investment vs. non-investment staff. The platform can also suggest how many staff would likely be needed to reach the next growth milestone (e.g. if the firm plans to double AUM, how many additional operations and compliance personnel might be required). On the outsourcing front, Convergence examines the client bases of service providers: for instance, if a fund administrator’s other clients run very lean operations, it may indicate that administrator enables efficiency, whereas if those clients have high operational headcount, it could signal inefficiencies. By quantifying these relationships, Convergence helps management pinpoint inefficiencies and make data-backed decisions on hiring, outsourcing, and process improvements. Their consultants can further perform organizational effectiveness assessments and support implementation of recommended changes.

• Meeting Due Diligence & Transparency Demands: Whether raising capital from investors or vetting an acquisition/partner, firms must demonstrate thorough due diligence and transparency. This can be a daunting, resource-intensive process. Convergence eases that burden by providing deep due diligence research and reports. For example, when an asset manager is preparing for an investor’s operational due diligence (ODD) review, Convergence can produce a comprehensive analysis of the manager’s history, operating infrastructure, regulatory records, performance, and even “reference data” verification. Its team will perform on-site visits if needed and cross-verify information with third-party sources and Convergence’s own databases. The firm’s services also cover AML/KYC support – using their data (with its 95% accuracy confidence) to quickly identify any red flags on entities or individuals, thereby streamlining background checks. By leveraging Convergence, clients can speed up their time-to-market for new funds or deals, confident that they have a robust, independently-validated due diligence package. Convergence’s data thus not only helps clients internally, but also enhances the credibility of clients in the eyes of investors, regulators, and partners by improving transparency.