iCapital1, the global fintech company shaping the future of investing, announced the deployment of distributed ledger technology (DLT) to support Morgan Stanley Wealth Management’s industry-leading alternatives business. This initiative is part of iCapital’s broader strategy to drive digital transformation and deliver seamless connectivity, enhancing efficiencies across the alternatives industry streamlining investor onboarding, subscription document processing, pre-trade workflows, and reporting across the lifecycle of alternative investments.
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“We are proud to work with Morgan Stanley Wealth Management. This represents an important step in our journey to transform the private markets investing experience,” said Lawrence Calcano, Chairman and Chief Executive Officer of iCapital. “By integrating iCapital’s distributed ledger technology into trade workflows, we’re streamlining the alternative investment process reducing friction, accelerating time to trade, and enhancing transparency and efficiency for clients and the broader investment ecosystem. DLT continues to set new industry standards for scaling and managing alternatives.”
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The trade integration enables seamless automation of subscription document review and remediation between Morgan Stanley, General Partners (GPs), and Fund Administrators. Leveraging iCapital’s DLT, the trade experience becomes more efficient, transparent, and scalable. DLT establishes a standardized data model to connect stakeholders across the ecosystem, significantly reducing manual reconciliations and improving data fidelity.
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“Integrating iCapital’s distributed ledger technology into our alternative investment workflows represents a meaningful, technology-enabled advancement in operational efficiency,” said Alison Nest, Managing Director and Head of Investment Solutions Products at Morgan Stanley. “This solution automates key trade processes, reduces manual reconciliations, and accelerates time to trade—ultimately allowing us to serve our clients while scaling connectivity across the private markets ecosystem.”
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Source : businesswire