BlueFlame AI (“BlueFlame"), the leading generative AI platform for alternative investment managers, today launched its new Microsoft Excel Add-in. Designed to address the challenges faced by alternative investment managers as they navigate time-consuming diligence and Due Diligence Questionnaire (DDQ) processes, the new feature will help the industry ignite productivity and redefine critical workflows.  

BlueFlame customers can now seamlessly embed prompts within cells, effortlessly connecting to firm data sources across documents, databases, market data, and 3rd party systems. By combining the muscle of BlueFlame’s generative AI solution with the unmatched power of Excel, the new feature automates and streamlines workflows to give firms substantial front-office benefits and time savings without the need for multiple interfaces.  

Users can leverage the BlueFlame Excel Add-in to enhance and expedite critical yet time-consuming tasks, such as: 

• Due Diligence Questionnaire (DDQ) Responses: Reference internal documents, such as LPAs, PPMs, IT and compliance documents, past responses, and template responses, to draft DDQ and RFP responses.  

• Data Room Reviews: Run template deal diligence questions against the contents of a data room for initial reviews and to create information request lists based on any gaps.   

• Investment Model Integration: Seamlessly pull semi-homogeneous unstructured data into Excel tables, such as aggregating sell-side report price targets into Excel-based models, aggregating leases or HR and management compensation data off PDFs, and more. 

• Investor Management: Parse out tables of investor documentation, including investor details off subscription and investment documentation. 

“Alternative investment managers need the power to easily plug and play with the data and systems they use daily to accelerate critical activities like diligence and DDQ processes,” said Raj Bakhru, CEO and Co-founder of BlueFlame AI. “This new integration allows users to leverage BlueFlame in Excel or wherever they work to transform their workflows and supercharge productivity. We’re excited to continue collaborating with our clients to define these new AI use cases and help them ensure a frictionless AI journey while upholding the highest security, privacy, and compliance standards.” 

BlueFlame will host an exclusive webinar to showcase the new functionality on January 23, 2024, at 11:00 am ET / 4:00 pm GMT. The team will provide an in-depth integration demo, highlight key use cases and provide real-time answers to attendee questions. Registration is now open. 

This new functionality comes on the heels of a dynamic period for BlueFlame since its launch in October 2023. The company has made waves by bolstering its executive team with top-tier talent strategically positioned to fuel innovation and ensure client success. Additionally, BlueFlame has assembled a distinguished panel of strategic advisors poised to play a pivotal role in shaping its growth strategy and product development.