Today, the fund distribution process is very fragmented, with a diversity of actors who do not cooperate effectively and who duplicate the same data and operations. Furthermore, the information and data at any point of the distribution chain is not necessarily communicated to the others. Such an operating model generates avoidable costs and is not efficient.

In response to this, FundsDLT has created a decentralized blockchain-based infrastructure allowing all actors to interoperate with asset managers directly. By leveraging the same infrastructure, information can be more effectively shared from one end to the other.

The mission of the company is to make the buying and selling of fund shares easier, cheaper and faster. Wealth managers can thus take advantage of value-added service channels and offer enriched investor experience.

• Faster, smoother, frictionless investor onboarding
• Improved process speeds for distribution and investment
• Increased transparency and reduced costs

The infrastructure, built on a private blockchain, is available to all, including distributors, depositary banks, transfer agents and wealth and asset managers. Working via a single infrastructure permits them to share, process and reconcile information. All actors can carry out their operations and assume their responsibilities from the same source of information. We remove all redundant activities thus saving time, creating efficiency and significantly reducing costs.

The FundsDLT project began in 2016 and in 2020 was backed by four major financial services companies: Clearstream, Credit Suisse Asset Management, the Luxembourg Stock Exchange and Natixis Investment Managers.