DTCC’s Alternative Investment Product Services (AIP) has reached a new milestone by surpassing more than 10,000 unique funds on the service, an increase of 20 percent in the past year. At the same time, the number of clients leveraging the product rose to more than 2,200, an increase of 28 percent.
“The number of unique funds that have been added to the service, combined with the continued increase in new clients adopting AIP has reinforced the value of automation for the alternative investment industry,” said Ann Bergin, DTCC managing director and general manager, Wealth Management Services. “We remain committed to supporting our clients’ evolving needs by providing scalable infrastructure that automates critical processes, essential to advancing the alternative investments industry.”
In addition to client and fund growth, DTCC continued to enhance its AIP offering this year, delivering new capabilities including document transfer and delayed NAV purchase