Taliance Screenshot
Taliance has a suite of connectable decision-making apps, including CURRENCIES, WALT and WATERFALL, with more under development

Altus adds investment analysis tool Taliance

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Nicola Byrne

The property management software provider has acquired cloud-based alternative investment software provider, Taliance, for €20m.

The french proptech company’s software is used by some of the largest investment firms in the world such as BNP Paribas Real Estate, Aberdeen and Generali Real Estate, to improve their modelling, forecasting and risk management processes in real time.

Why cloud-based?

The benefits of cloud-based solutions include increased capacity, functionality and scalability. It can also enable companies to focus on revenue driving initiatives rather than time-consuming, non-core business tasks.

Integration

The move allows Altus’ ARGUS Enterprise, focused on asset and portfolio management, to be integrated with Taliance, enabling clients to model equity and debt investments, provide waterfall distribution reporting and gain insights into risks and opportunities to maximize investor returns.

Taliance has several apps including the CURRENCIES app, which allows users to manage different currencies for their investments, i.e. gathering and forecasting data at asset level in local currencies, consolidating in their main currency or performing stress tests on a specific currency; WALT which is used to measure the overall tenancy risks of a particular property with multiple tenants and is used by REIT investors to assess the probability of a property or a group of properties being vacated; and the ability to set up Waterfall calculations.

Growth

The move expands the company’s position in Europe and provides a foundation for growth in the fund management segment of the market globally.

Robert Courteau, CEO of Altus Group, said: “By combining the best-in-class capabilities of ARGUS with Taliance, we’re able to provide clients globally with a compelling end-to-end solution for managing performance at any level – asset, investment, fund and investor.”

The Taliance team including its founder and CEO Guillaume Fiastre, will be integrated into the company’s Altus Analytics software and data division, strengthening global sales and development resources.

Guillaume Fiastre, CEO of Taliance, said: “Commercial real estate firms and investors are faced with a growing level of complexity around investment and fund management. The combined capabilities of both Taliance and ARGUS Enterprise provide a comprehensive global asset and investment management platform in one solution.”

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