The integration aims to broaden the New York-based firm’s network to UMB Fund Services to support scalable, automated processes in fund administration.
New York-headquartered fintech company iCapital has formed an integrated partnership with UMB Fund Services (UMBFS), a Kansas City-based leading registered and alternative investment fund administration services, to further expand the deployment of its distributed ledger technology (DLT) into the operating layer of fund administration. DLT can standardise critical workflows and reduce the operational burden The collaboration extends iCapital’s blockchain-enabled network to suppor