Private-Credit.ai today announced the launch of X-Ray, an AI-driven analytics platform that enables private credit managers to quantify and benchmark the strength of their credit documentation — just as they measure leverage, yield, or returns. The tool addresses a long-standing gap in private markets, where documentation quality and covenant strength have historically been evaluated subjectively.
“Private markets have long needed a transparent, data-driven way to evaluate documentation quality and covenant strength,” said Joseph DiTomaso, Inventor of Private-Credit.ai. “With X-Ray, teams can now visualize documentation strength deal-by-deal, identify risks, and make faster, more confident investment decisions.”
Built on Private-Credit.ai’s proprietary Orion Engine, X-Ray uses natural language processing and structured scoring to evaluate key sections of credit agreements — including Maintenance Covenants, Debt Incurrence, Restricted Payments, and MFN Protections — generating a color-normalized heatmap that highlights strengths and vulnerabilities in real time. This allows credit managers to compare covenant packages across deals and identify potential risks that might otherwise be overlooked.
X-Ray is part of a broader Private-Credit.ai suite that includes modules for Deal Execution Tracking, Compliance Monitoring, Shadow Ratings, and Portfolio Risk Visualization. Together, these tools help direct lenders, private credit funds, CLO managers, and institutional allocators transform document-heavy processes into data-driven insights. The platform is designed to integrate into existing workflows, reducing the time spent on manual document review.
Private-Credit.ai is actively expanding partnerships with global asset managers and service providers to integrate X-Ray into existing document and portfolio management workflows. The company believes that as private markets expand faster than traditional systems can support, tools like X-Ray can bridge the gap by enabling rapid ingestion of complex deal materials and consistent underwriting logic.
Founded by a former investment banker and fintech entrepreneur, Private-Credit.ai combines deep industry knowledge with proven execution in AI-enabled software. The platform is built by practitioners for practitioners, aiming to help clients transform static documents into dynamic insights. With the launch of X-Ray, Private-Credit.ai continues its mission to help credit professionals make faster, smarter decisions in the growing private credit market.
