Allvue Systems said Tuesday it will form a strategic partnership with KPMG Luxembourg to support all client implementation work across Europe, a move aimed at helping global asset managers navigate Luxembourg’s increasingly complex fund landscape.
The Miami-based software provider, which serves private capital managers worldwide, said the collaboration will combine its unified, API-first technology platform with KPMG’s local regulatory expertise and multilingual delivery teams. The companies say the arrangement will give managers a quicker and more reliable path to adopting Allvue’s systems, including its AI tool, Andi.
Luxembourg, Europe’s largest fund domicile with more than 5,000 billion euro in assets, continues to attract private markets firms. Managers however face rising operational challenges, from growing regulatory demands to intense competition for talent and service providers. Allvue said the partnership is intended to help firms implement new technology more efficiently in a market defined by national rules and linguistic diversity.
“Our mission is to make private markets more transparent, efficient and connected,” said Steven Kilby, Allvue’s chief technology officer, in a statement. “By expanding our presence in Luxembourg with KPMG, clients can adopt Allvue solutions with confidence.”
KPMG Luxembourg said its role as a regional center of excellence for fund administration, combined with its local relationships, will help accelerate project delivery.
Allvue, which works with more than 500 clients, is expanding in the EMEA region and positioning KPMG Luxembourg as its core implementation partner for the market.