BST Awards 2025: Best integrated middle-office platform—73 Strings
Product: 73 Intelligence
Overview
73 Intelligence is an AI-driven middle-office platform built to service the alternative asset management industry. It is designed to address the inefficiencies and risks of manually intensive, fragmented processes around valuations, portfolio monitoring and data collection. By unifying these functions into a single solution, it fixes the core middle-office challenge―turning unstructured, inconsistent data into reliable, audit-ready intelligence. The result is speed, scale and transparency that together reduce operational burden, while supporting more accurate reporting and decision-making across private capital portfolios.
As our firm, Blackstone, continues to scale and the complexity of new product innovation in the alternatives space grows, we are constantly looking for best-in-class technology solutions to support our growth. After evaluating multiple providers, we were fortunate to uncover the power of the 73 Strings platform and the potential it has to transform the approach to portfolio monitoring and valuations across the industry. What stood out to us about the 73 Strings platform was not only the modern tech and embedded AI capabilities, but also the deep industry expertise and tenured experience of the team. We are thrilled to be working with the 73 Strings team on their mission to modernize the private capital space
Robert Brooks, global head of valuations, Blackstone
The solution
73 Intelligence addresses middle-office inefficiencies by automating manual workflows end-to-end. The firm’s data extraction solution, 73 Extract, ingests and normalizes unstructured data, eliminating error-prone spreadsheets, while its portfolio monitoring solution, 73 Monitor, provides real-time oversight, scenario modeling and stress-testing for dynamic portfolio intelligence. Finally, the firm’s valuation solution, 73 Value, is designed to enable faster, more frequent, and transparent valuations. With built-in audit trails, version control and regulatory-ready reporting, the platform ensures accuracy, transparency and operational efficiency at scale, freeing up middle-office teams to focus on higher value tasks.
Secret sauce
Unlike point solutions, 73 Intelligence integrates data extraction, monitoring and valuation into a single platform purpose-built to support the trading of alternative assets. Its AI-first architecture continuously improves accuracy and enables predictive analytics, while middle-office teams benefit from actionable insights rather than static reports. By embedding transparency, auditability and scalability into its core, 73 Intelligence sets itself apart as an end-to-end middle-office platform designed to meet the complexity and growth of private markets.
Recent milestones
73 Strings recently:
- Unveiled AI-driven automation enhancements, expanding scenario-based analysis and predictive monitoring for more dynamic middle-office oversight
- Strengthened data integration, supporting broader asset classes and seamless ingestion of diverse third-party data sources
- Upgraded governance and auditability, including enhanced version control, reporting templates and audit-ready trails to meet rising regulatory standards
This award recognizes how 73 Strings is equipping middle-office teams to meet the rising demand for transparency, speed and scale in private markets. With the influx of retail investors and heightened regulatory scrutiny, manual processes can’t keep up. Technology is the only path forward, and 73 Intelligence is setting the new standard for middle-office operations, delivering accuracy, efficiency and auditability that the buy side needs to thrive in this new era
Yann Magnan, CEO, 73 Strings
Future objectives
73 Strings is planning to:
- Expand its use of predictive analytics, delivering scenario-driven insights to anticipate risks and opportunities before they impact portfolios
- Broaden global client delivery, scaling adoption across US, UK, and European large-cap managers through partnerships and client success investments
- Enhance automation coverage, extending data extraction and valuation capabilities across additional asset classes to strengthen middle-office workflows
Why they won
73 Strings makes its way into the BST Awards winners’ circle for the first time across all of WatersTechnology’s awards programs by winning the best integrated middle-office platform in this year’s Buy-Side Technology Awards. The Paris-based fintech provider to the alternative asset management industry wins this category on the back of its strategy helping clients manage data, valuations and portfolio oversight. The firm’s AI-driven platform is specifically designed to unify data extraction, monitoring and valuation in an audit-ready ecosystem, transforming fragmented and manually intensive middle-office processes into automated, transparent and auditable workflows.
Through its three core applications, 73 Extract, 73 Monitor and 73 Value, the platform supports high levels of automation, from ingesting and normalizing unstructured data to supporting real-time portfolio monitoring and delivering transparent and auditable valuations. Its AI-first architecture has the ability to continuously learn from the data it consumes, enhancing accuracy, governance and predictive insights, while built-in audit trails and compliance features help clients comply with their various regulatory obligations. Unlike traditional best-of-breed products, 73 Intelligence integrates the full middle-office lifecycle, providing scalability, transparency and analytical depth. By enabling faster, more judicious and more transparent decision-making, 73 Strings has set a new benchmark for operational excellence across the alternative asset management industry.
73 Strings should be commended on what was an outstanding entry—it was clear, concise and well thought-out. And what better endorsement of its middle-office prowess than praise from Blackstone, the industry’s largest alternative asset manager with more than $1.2 trillion under management. Félicitations, 73 Strings!
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