Auquan, a recognized leader in AI agents for critical financial services, has unveiled its Auquan Credit Agent. This new offering marks a significant shift, providing the first purpose-built AI agent designed to autonomously manage entire credit analysis and monitoring workflows. The platform aims to fundamentally transform how private credit teams evaluate lending opportunities and track borrower performance, moving beyond mere assistance to full workflow execution.
The financial industry, particularly private credit, faces immense pressure. Teams must evaluate more deals in less time, yet analysts often spend days on manual data processing. This includes sifting through data rooms, financial statements, and market information. Consequently, strategic analysis often takes a backseat. Auquan’s solution directly addresses this bottleneck.
Auquan's Vision: Automating the Credit Lifecycle
The Auquan Credit Agent autonomously handles the entire credit workflow. This encompasses initial deal screening, detailed borrower assessment, and comprehensive market intelligence. Furthermore, it conducts structure analysis and generates complete credit memos tailored to specific firm templates. This end-to-end automation allows teams to evaluate two to three times more opportunities.
This shift allows professionals to reclaim their time, focusing on strategic insights rather than data entry. Chandini Jain, Auquan’s CEO, emphasizes this mission. She notes the agent fundamentally changes how credit work gets done. It enables professionals to focus on the strategic, relationship-driven aspects that initially attracted them to finance.
A key differentiator for Auquan lies in its comprehensive data integration. While some solutions analyze public data or internal datasets, Auquan operates across both simultaneously. It processes proprietary internal information and secure data room content alongside public and subscription market data. This unified approach eliminates analytical silos, providing a complete picture for nuanced risk assessment.
The platform boasts extensive global coverage. It processes information on any private or public company worldwide. New company coverage can be added on demand within an hour. This unmatched capability draws from over two million data sources across more than 76 languages. These sources include corporate filings, financial statements, regulatory documents, and specialized subscription datasets.
Since its late 2023 launch, Auquan’s agentic AI platform has saved customers over 50,000 hours of manual work. This proven track record extends across private equity, private credit, and asset management. For instance, a European bank with 2,700 active credits now completes a week-long portfolio review in just 10 minutes. Another top 20 global bank saves one to two days per borrower memo.
The Auquan Credit Agent is available immediately. It can be purchased directly or via the Microsoft Azure Marketplace. Customers typically realize immediate value, saving hours of manual work within days of deployment.
