What problem does Lantern solve for private markets firms?
Lantern is an AI-powered platform that solves the trust problem in private markets data by validating it at the source. It provides real-time data validation and assurance, ensuring data is accurate before reporting. This addresses the manual double-checking process for General Partners (GPs) and other firms.
Who is the target user for Lantern?
Lantern is designed for General Partners (GPs), Limited Partners (LPs), and Fund Administrators in the private markets industry. The platform is built by people with firsthand experience from firms like eFront, Allvue, iLevel, Altvia, and Aztec Group.
What features and capabilities does Lantern offer?
Lantern offers a validation layer that sits alongside existing systems, providing extract, validate, and deliver capabilities. It runs continuously in the background, verifying every number across financial workflows to connect systems like fund administrators, accounting software, and reporting tools. The platform has run 2 million daily tests and traces 100% of reported data to its source.
What are some of the key metrics or evidence of Lantern's scale?
Lantern's scale is evidenced by its processing of thousands of documents and millions of data points. The platform runs 2 million daily tests to validate every data point and ensures 100% of reported data is traceable to its source. The team brings over 200 years of combined private markets expertise.
What is Lantern used for and in what situations?
Lantern is used for fund and portfolio monitoring, real-time data validation, automated workflows, and seamless reporting for General Partners (GPs), LPs, and Fund Admins. It is specifically designed for private markets firms to maintain data integrity across financial workflows.
What is Lantern?
Lantern is an AI-powered financial platform that provides fund and portfolio monitoring solutions for General Partners (GPs), offering real-time data validation, automated workflows, and seamless reporting capabilities for the private markets.