The FundsDLT concept, announced to the market last December in Luxembourg, is the result of
\ncollaboration between Fundsquare, InTech (subsidiary of POST Group) and KPMG Luxembourg.
\nThe platform will enable asset managers to sell funds through a new distribution channel, while
\nsignificantly reducing administration costs and the time to process transactions. FundsDLT
\nstreamlines a range of fund administration and order-routing tasks by using blockchain to automate
\nseveral processes in a secure manner. The model is applicable to a wide range of funds and does
\nnot depend on the jurisdiction.<\/p>\n
Matthieu Duncan, CEO of Natixis Asset Management is enthusiastic about the project: Said Fihri of KPMG Luxembourg explained: Fabrice Croiseaux, CEO of InTech added: Olivier Portenseigne of Fundsquare concluded: Natixis Asset Management, a leading affiliate of Natixis Global Asset Management announced it started testing the FundsDLT blockchain-powered platform for fund managers<\/p>\n","protected":false},"author":20,"featured_media":63798,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1470],"tags":[1655,1651,2007,2210],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/63800"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=63800"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/63800\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/63798"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=63800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=63800"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=63800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n \u201cWe are delighted to be among the first Asset managers to test the FundsDLT platform. The
\ninitiative is truly unique and we see it as a natural development that will certainly impact our
\noperational models and benefit our clients. Blockchain technology, which Natixis is looking into
\nacross several of its business lines, shows great opportunities in terms of enhancing distribution
\nmechanisms in the asset management industry.\u201d<\/em><\/p>\n
\n \u201cWe are proud we\u2019ve attracted many prominent players of the fund industry to test FundsDLT. This
\nprovides us with confirmation that our platform and expertise are suitable challengers in the field of
\nblockchain. More actors are coming on board and we expect to make additional announcements in
\nthe coming weeks. We can\u2019t wait to see the results in June when the test phase will be complete.\u201d<\/em><\/p>\n
\n\u201cBy using state of the art technologies, a combination of blockchain and reactive platform, it took less
\nthan a year to build a scalable and resilient decentralized solution dedicated to the fund industry. We
\nare proud of what has been done and look forward to testing how far we can go in terms of
\nperformance.\u201d<\/em><\/p>\nFundsDLT was designed to be a market infrastructure solution of the future that will meet the needs
\nof both asset managers and international distributors while facilitating the digital transformation of
\nthe funds distribution industry.<\/quote><\/p>\n
\n\u201cFundsDLT is a great opportunity to support the Asset Management industry in its Digital
\nTransformation, and blockchain will play a significant role as an enabler to create complementary
\nand alternative distribution channels and ways of operating. It was time to start a concrete project
\nand we believe we took the right approach to develop a new infrastructure with the Fund Industry
\necosystem.\u201d<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"