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:
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.
PCDS is supported by many organizations that include:
Expect to hear more information about these well-known organizations and professionals in the coming months.
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.