THE SMART TRANSFER AGENT

First Fundchain Proof-of-Concept
Running on a 10 nodes private blockchain, the Smart-TA allows the consortium 10 key players to simplify funds subscription and redemption processes as well as shares transfers. Thanks to smart-contracts, investors, fund administrators, asset managers and regulators relationships are direct, processes are automated and information is immutably written into the distributed ledger.

 

During Fundchain 2016, the group has explored the potential of Blockchain for the Fund Industry and has decided to focus on the Distributed Ledger Technology impacts on Transfer Agent processes.

The collaborative work has led to the release of a successful Proof-of-Concept named ‘the Smart-TA‘.

INITIATED BY
MEMBERS OF FUNDCHAIN 2016
Banque Internationale a Luxembourg
Banque Internationale à Luxembourg
BNP Paribas Securities Services
CACEIS
CACEIS
CACEIS
European Fund Administration
HSBC
HSBC
ING Luxembourg
ING Luxembourg
Pictet
Pictet
RBC
PwC Luxembourg
RBC
RBC Investor & Treasury Services
Société Générale Bank & Trust
Société Générale Bank & Trust
Société Générale Bank & Trust
Université du Luxembourg — SnT
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