While interest in Blockchain across financial services has been high, most of the focus has been around banking, payments and settlement.

Fund managers have largely adopted a “wait and see” approach.

We believe this to be a mistake.

Blockchain has the potential to revolutionize many areas of the funds industry including fund regulation, record-keeping, AML/KYC, Operational Due Diligence (ODD) and risk management.

Blockchain can be used to manage all of these fund processes as a single, secure, immutabile record of activity. This will provide huge benefits to fund managers in terms of cost, security and operational efficiency.

At GECKO we are currently expanding our fund governance solution to integrate Blockchain technology, specifically focused around the following initial fund processes:-

  • Investor Onboarding AML/KYC process
  • Operational Due Diligence
  • Fund Governance
  • Compliance Management
  • New Fund Launches

We are the first “RegTech” company to incorporate Blockchain technology in our funds solution.

In our forthcoming series of blog posts we will examine how Blockchain can be used to transform many fund processes including fund regulation, AML/KYC, Operational Due Diligence (ODD) and risk management.