Custodian giant the Bank of New York Mellon Corp., (BNY Mellon) and iCapital, a fintech platform for investing, have allied to deliver an integrated offering through BNY Pershing’s Wove wealth management platform and BNY’s Alts Bridge system, officials say. “Building on the alternative investment experience for BNY Pershing clients who access iCapital through Wove, this… Read More >>
iCapital Embraces DLT for New Fund
iCapital, which offers an alternative investment platform, has launched its first fund that exploits distributed ledger technology (DLT) to save clients “thousands of hours of manual data reconciliation and version sharing,” and promises to cut costs, boost productivity, and reduce the risks of manual data entry. Using DLT to ease these pain points is intended… Read More >>
