Thanks to a partnership with Cardo AI, fintech operating in the structured finance market, Gardant will empower the tools at its disposal for data analytics in advanced reporting processes.
Gardant, leader operator in Italy in the credit management market, both as a servicer and an investor, with over EUR 40bn (GBV) under management and with a primary focus on companies and enterprises, has signed a partnership with Cardo AI, fintech developing artificial intelligence based technologies for the management and optimization of operations and processes inside the private debt and securitization markets.
The partnership aims at further empowering Gardant’s abilities of elaborating big data volumes, in order to create advanced reporting, also in securitization operations.
“We’re happy to have Cardo AI as one of our partners, as they are leaders of their own field – Alberto de Maggi Group COO e CEO di Master Gardant comments– Since its arrival on the market, Gardant has worked to develop innovative skills and technologies from the inside, but also to build a network of partners specialized in Data Science and Advanced Analytics. Thanks to the synergy between these two elements, Gardant’s data library, which is composed by hundreds of thousands of data points, can provide to its partners information and advanced tools to optimize analytics and management processes”.
This partnership is part of the Data Gardant initiative, the advanced analytics lab recently launched inside the group.
Cardo AI is specialized in developing innovative technological solutions for the securitizations market, thanks to deep expertise in data management and reporting both in Italy and abroad. Cardo AI’s proprietary solutions allow to manage in a completely automated way the entire investment operations lifecycle, from data sourcing and treatment (data quality and data enrichment), due diligence, reporting, to asset purchase management, funding and distribution.
Altin Kadareja, CEO and co-founder, comments the partnerships: “We’re proud to be working with Gardant and put our technology at disposal of a such a market leader in the field of NPL and UTP. Thanks to our solution, Gardant will be able to increase significantly data management efficiency in data science processes, automating the advanced reporting processes.”
The Gardant Group is a leader in the credit management sector in Italy, with a unique business model: it is both Debt Servicer (DS) and Asset Manager / Debt Purchaser (DP) and operates in all asset classes related to bank, leasing, commercial and other receivables (performing, UTPs, NPLs).
In recent years, Gardant has played a key role in the main deals related to the NPL sector in Italy, as investor and servicer, and we have the strategic objective of continuing to strengthen our market leadership position.
Gardant offers its clients high value-added services in deal origination, underwriting, portfolio management and capital markets, with a team of senior professionals and a vertical and integrated approach.
Cardo AI is a fintech scale-up founded in 2018 in Milan by Altin Kadareja e Daniele Forza with the mission of modernizing private capital management through a AI-powered proprietary platform.
Cardo AI’s solutions allow to manage in a completely automated way the entire investment operations lifecycle, from data sourcing and treatment (data quality and data enrichment), due diligence, reporting, asset purchase management, funding and distribution.
As of today, Cardo AI has more than €12bn of assets under technology and a team of over 130 talents.