PCDS Vision
PCDS Goals
The Private Capital Data Standards Alliance (PCDS), formerly the Adopting Data Standards Initiative or ADS, is an international membership organization and a cross-collaboration of private capital stakeholders that are working together and committed to:
- Promoting efficiency and consistency in digital GP-LP reporting
- Building consensus for the benefit of the industry
- A "commercially neutral" initiative that fosters engagement and participation
- Developing generally accepted global data standards
- Completing a proof-of-concept
The PCDS is focused on fostering a collaborative and conflict-free forum to build momentum in private capital for global data standards. PCDS seeks to promote standards that will facilitate digital reporting for efficiency and transparency in the GP-LP relationship with an informed and realistic timeline expectation for adoption in the industry. Generally accepted data standards in financial reporting will provide a solid foundation for the free market to solve for the higher technology and analytical needs of all market participants.
Who are the PCDS supporters?
PCDS is supported by many organizations that include:
- Asset allocators
- Institutional investors
- Investment firms
- Fund administrators
- Technology firms
- Consultants and advisors
- Benchmarking organisations
Expect to hear more information about these well-known organizations and professionals in the coming months.
The Collaborative PCDS Approach
PCDS supporters recognize the fundamental need to create a non-commercial, collaborative environment in order to succeed.
This ground-breaking, ideological approach of PCDS for private capital is part of the requirements for participation that facilitates cooperation and independence.