iCapital has launched the firm’s new Distributed Ledger Technology (DLT).
The fund is distributed by UBS Wealth Management. This marks an important technological advancement for increasing scale and real-time connectivity across the alternative investments experience. The milestone launch delivers on iCapital’s commitment to technology that creates unmatched operational efficiency and convenience for more than100,000 U.S. financial advisers.
iCapital’s DLT is designed to simplify and enhance the lifecycle management of alternative investments. It aims to foster a more secure, efficient alternative investment management environment, connecting key financial players and allowing for seamless data sharing and transaction processing. This ledger technology is expected to eliminate more than 100,000 activity reconciliations over the average life of a private capital fund, improving data processing visibility and efficiency, reducing errors, and enhancing overall inves
