iCapital today announced the deployment of distributed ledger technology (DLT) to improve efficiency in its alternative investment business. This revolution supports Morgan Stanley Wealth Management’s alternative investments operation.
iCapital deploys DLT to smooth alternative investment operations and enhance real-time data exchange. The platform automates reconciliation to reduce manual steps and accelerate trade cycles. Executives state that the integration boosts transparency and increases workflow efficiency. iCapital strengthens digital transformation by providing scalable, secure connectivity across key stakeholders.
By integrating DLT, iCapital standardizes trade workflows and enables transparent, real-time data sharing among stakeholders. As a result, the firm streamlines onboarding, subscription document processing, and pre-trade workflows.
Moreover, the DLT platform automates reuniting between Morgan Stanley, fund administrators, and general partners, cutting manual steps. This approach reduces friction, accelerates trade cycles, and increases data accuracy.
iCapital Deploys DLT to Streamline Alternative Investment Workflows
Lawrence Calcano, iCapital’s CEO, said the initiative represents a major step in transforming private markets investing. He added that the move accelerates time to trade and boosts transparency for all participants.
Alison Nest, Managing Director at Morgan Stanley, expressed a similar view about the integration. She then went on to highlight how automation, and the round-the-clock flow of data, alleviate manual reconciliation and improve efficiency.
This DLT deployment supports iCapital’s broader mission of propelling digital transformations across the alternative-investment ecosystem. In addition, it provides a scalable mechanism to connect central parties and streamline operational workflows.
In conclusion, iCapital is leveraging blockchain-powered infrastructure to increase efficiencies in alternative investment, while simultaneously enhancing transparency and scalability.
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News Source: Businesswire.com
