London, UK – 13 April 2021: Holland Mountain, the leading data solutions provider to the Private Capital industry, was recently mentioned in an article by PE Stack titled, “Why PE firms need a data strategy”.
Holland Mountain’s ATLAS solution is discussed alongside the importance and challenges of the data opportunity within Private Equity. The article features insights on the changing future within the industry and why firms need to place a greater emphasis on their data strategy if they’re to compete and thrive in an increasingly competitive and complex market.
Commenting on this article, Kyri Yiannakis, Head of Client Development at Holland Mountain said, “We’re very familiar with the data strategy challenge as we have grown up in this industry and witnessed the evolution of systems and processes first-hand. Unfortunately, there’s still a lot of value left on the table by the majority of firms we interact with simply because they’re unaware of what’s possible and their options.”
When it comes to data platforms as a feature of a data strategy, firms often underestimate the importance of partnering with a solutions provider that has the in-depth knowledge to understand their business, is familiar with the solutions they currently have in place and knows what industry best practice looks like. A situation can arise where decisions stall on whether to work with existing providers, engage with a large firm that has brand recognition, or build something internally, for example.
“It’s so important to make sure that whoever you choose to partner with on such a project has an expert level understanding of your business and technology,” Yiannakis advises. “Projects have a much higher success rate when focus and resources can be channelled towards the solution rather than explaining and educating on the current state”.
About Holland Mountain
Established in 2009, Holland Mountain works exclusively with Private Capital managers, supporting them on their journey to ‘Data as an Asset’. Firms leverage our ATLAS data platform to connect and integrate industry standard solutions, and improve the quality of their analytics and reporting. Managers looking to improve their operating model can leverage our strategic advisory services, systems selection support or implementation services.