SETL and Four Asset Management Firms Launch Blockchain-based Record Platform
Posted: Thu Sep 14, 2017 10:02 am
SETL, the UK-based financial blockchain specialist, today announced the launch of IZNES, the pan-European fund record-keeping platform based on blockchain technology, together with four asset management firms: OFI AM, Groupama AM, La Financière de l’Échiquier, and Arkéa Investment Services.
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The platform enables firms to enter into new relationships with investors, manage KYC processes, handle subscription / redemption instructions, and settle transactions and record positions. Compatible with all distribution channels, IZNES relies on proprietary technology developed by SETL.
According to Jean-Pierre Grimaud, CEO of OFI AM: “OFI Asset Management wanted to be ... (read more)