Blockchain Daily News - DLT, token, ICO, crowdsale journal
Blockchain Dail Blockchain Dail

Blockchain Daily News - DLT, token, ICO, crowdsale journal

 
              

SETL, French asset management firms launch blockchain-based fund record-keeping platform


Blockchain startup SETL, along with four asset management firms, has announced the launch of a blockchain-based pan-European fund record-keeping platform.






Dubbed “IZNES”, the platform provides investors, asset management firms, distributors, and wealth management advisers with easy and rapid access to fund units. It will enable firms to enter into new relationships with investors, manage KYC processes, handle subscription/redemption instructions, and settle transactions and record positions.

According to the official release, the initial version was delivered by SETL in July 2017 and validated by OFI AM, Groupama AM, La Financière de l’Échiquier, and Arkéa Investment Services.

“IZNES is the result of the alignment between the strong demand from asset management firms to establish a simple, effective relationship with their investors and the cutting-edge technology developed by SETL,” Pierre Davoust, CEO of SETL France, said. “IZNES is a project that will revolutionise the fund industry in Europe and bring substantial benefits to asset management firms as well as investors and their intermediaries. I look forward to working with our partners to build this next-generation platform and invite all interested parties to join us at www.iznes.io".

IZNES relies on proprietary technology developed by SETL and is compatible with all distribution channels. It reduces transaction costs, increases transparency, and optimises operational workflow. In addition, it will also enable new value-added services to be developed.

“OFI Asset Management wanted to be actively involved in this market project, which offers asset management firms new distribution solutions in the interest of investors thanks to blockchain technology,” Jean-Pierre Grimaud, CEO of OFI AM.

The project partners are now working with other interested parties to develop an enriched version of the platform. They plan to go into production in early 2018.

Les médias du groupe Finyear

Lisez gratuitement :

BLOCKCHAIN DAILY NEWS

Le quotidien Blockchain Daily News :
- Blockchain Daily News

Sa newsletter quotidienne :
- Blockchain Daily News Newsletter
Recevez chaque matin par mail la newsletter Blockchain daily News, une sélection quotidienne des meilleures infos et expertises en Blockchain révolution.

Sa lettre mensuelle digitale :
- The Chief Blockchain Officer


FINYEAR

Le quotidien Finyear :
- Finyear Quotidien

Sa newsletter quotidienne :
- Finyear Newsletter
Recevez chaque matin par mail la newsletter Finyear, une sélection quotidienne des meilleures infos et expertises en Finance innovation & Digital transformation.

Ses 4 lettres mensuelles digitales :
- Le Directeur Financier
- Le Trésorier
- Le Credit Manager
- The Chief Digital Officer

Finyear magazine digital :
- Finyear Magazine

Un seul formulaire d'abonnement pour choisir de recevoir un ou plusieurs médias Finyear

Thursday, September 21st 2017
Rate it


New comment:

Your email address will not be published. Required fields are marked *
Votre adresse de messagerie ne sera pas publiée. Les champs obligatoires sont indiqués avec *

More on Blockchain Daily News




Recevez la newsletter quotidienne


Cryptocurrencies


Lettre mensuelle


Conferences


Liens utiles


Actus Nasdaq