LGT, a Liechtenstein-based non-public financial institution, has collaborated with iCapital to digitise its various funding portfolio.
The alliance has resulted within the growth of a expertise platform, which integrates straight with LGT’s banking techniques.
This gives instruments for relationship managers, funding advisors, and operations groups to supervise the total spectrum of the choice funding course of.
It consists of functionalities for advertising, doc administration, and detailed reporting and analytics tailor-made to consumer wants.
Following its preliminary introduction in Europe, the platform has expanded its attain globally.
LGT Group merchandise & companies administration enterprise space head Christian Buchli mentioned: “What started as an inside intrapreneurial initiative to digitalise the non-public markets worth chain has now developed right into a globally deployed platform. The platform empowers our colleagues and purchasers with unparalleled insights into their non-public markets portfolios, setting a brand new commonplace for innovation and effectivity on this area.”
iCapital worldwide head Marco Bizzozero acknowledged: “LGT’s deep experience in wealth administration and its dedication to innovation and delivering environment friendly, technology-driven various funding options for its advisors and their purchasers is on the forefront of our collaboration.
“This partnership additional underlines wealth managers’ belief in iCapital, highlighting their broader dedication to increase entry to non-public markets by a completely digital and streamlined funding expertise for advisors and their purchasers.”
This announcement follows iCapital’s acquisition of Citi World Alternate options, an oblique subsidiary of Citi. The subsidiary advises Citi Wealth’s international various funding fund platform, which manages a collection of over 180 various funds globally.
With a workforce exceeding 6000, LGT operates out of greater than 30 worldwide areas spanning Europe, Asia, the Americas, Australia, and the Center East.
“LGT ties up with iCapital to digitise various funding choices ” was initially created and revealed by Personal Banker Worldwide, a GlobalData owned model.
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