The Depository Trust & Clearing Corp. (DTCC), the post-trade market infrastructure for the global financial services industry, and iCapital, a global fintech company shaping the future of investing, have announced a strategic collaboration to advance the infrastructure supporting private markets.
By bringing together DTCC’s market infrastructure, processing capabilities and network with iCapital’s technology platform and investment workflows, the firms aim to connect data, operations and market participants across the private investment lifecycle. The collaboration is intended to reduce operational friction and help wealth advisers and asset managers participate in private markets more efficiently, at greater scale and with less risk. In support of this initiative, DTCC has also made a strategic investment in iCapital.
“Private markets represent one of the most significant growth areas in financial services today, creating an urgent need for modern, scalable