A Private Equity firm leveraged blockchain technology to rapidly launch new funds.
Introduction of a Private Equity fund consists of numerous transactions between multiple stakeholders – Investment Advisors, Administrators, General Partners, Regulators, Limited Partners, Banks and others. The current administrative processes often involve multi-party off-line data sharing and duplicate data entries leading to non-transparent and lengthy settlement duration for each fund launch. Learn how we worked with a large IT service provider to leverage blockchain based technology to realize the goals of a US-based global financial services firm to improve the process.