FundsDLT is delighted to announce that it has won the award for "Outstanding Asset Management Technology Solution by a Vendor – Back Office" at the 2024 Global Private Banker WealthTech Awards.

This accolade is a testament to FundsDLT's pioneering efforts in redefining asset management technology, particularly through its innovative Digital TA platform. The Global Private Banker WealthTech Awards recognises companies that have helped private banks and wealth managers in automating workflows, re-engineering business models and in achieving productivity gains. Criteria include innovation, coverage, effectiveness and scalability, with a comprehensive scoring system that ensures an unbiased and objective benchmark for the industry. 

FundsDLT has consistently strived to push the boundaries of technology in fund distribution. It focuses on digital transformation to address the complex needs of asset managers, asset servicers and distributors, while ensuring transparency and cost-effectiveness in digital transactions. 

Olivier Portenseigne, CEO of FundsDLT, emphasises the significance of this achievement: "This award recognises our commitment to innovation. It's a testament to our team's hard work and our clients' trust in us to deliver solutions that drive efficiency, reduce costs and enhance the investor experience."

FundsDLT at Global Private Banker WealthTech Awards 2024

Watch the complete awards ceremony here

The introduction of blockchain and tokenisation marks a shift in the way asset managers and distributors interact and manage transactions. This approach allows for a reduction in operational complexities and a move towards more direct engagement models.

"Our vision is to reshape fund distribution, foster financial inclusion and establish new efficiency standards. By doing so, we position asset managers for sustained success in an evolving fund distribution landscape."
Oliver Portenseigne, CEO, FundsDLT

The platform's capability, including but not limited to Digital TA, enhances the management and distribution of fund shares, promoting a model that prioritises operational transparency and the potential for scalability. This strategic move is designed to equip asset managers with the tools needed to adapt to market demands effectively, enabling a broader outreach to clients through more efficient service delivery mechanisms.

Through these efforts, the company establishes a more connected and efficient ecosystem for fund distribution, focusing on the practical benefits and applications of its technology in the sector.

Looking ahead, FundsDLT remains committed to continuous enhancement, exploring tokenisation for various assets, and delivering innovative solutions to meet the evolving needs of the fund distribution industry. This award from the Global Private Banker WealthTech Awards 2024 is not just a milestone but a stepping stone towards a future where FundsDLT continues to lead the charge in digital transformation for the asset management sector.