iCapital, the global fintech platform shaping the future of investing, announced a partnership with LGT, an international private banking and asset management group that has been “fully controlled by the Liechtenstein Princely Family for over 90 years.”
Through this collaboration iCapital and LGT launched a new technology platform tailored to “digitize the lifecycle of LGT’s alternative investment offerings.”
The platform, integrated into LGT banking systems, “provides relationship managers, investment advisors and the operations teams with a seamless interface to manage the end-to-end alternative investment process — from marketing and a centralized document repository to client-specific reporting and analysis.”
The platform was launched in Europe and has since been rolled out globally to “improve operational efficiency, transparency, and client engagement across LGT’s global network.”
Christian Buchli, Business Area Head Group Products & Services Management at LGT:
“Enhancing the relationship manager and client experience within the Private Markets asset class has always been a key strategic priority for LGT. What began as an internal intrapreneurial initiative to digitalize the private markets value chain has now evolved into a globally deployed platform. The platform empowers our colleagues and clients with unparalleled insights into their private markets portfolios, setting a new standard for innovation and efficiency in this space.”
Paul Brandauer, Product Owner of the Private Markets Platform at LGT, added:
“The collaboration with iCapital throughout the implementation has been very collaborative, constructive and innovative.”
Marco Bizzozero, Head of International at iCapital said:
“We are very proud to partner with one of the global leading private banks. LGT’s deep expertise in wealth management and its commitment to innovation and delivering efficient, technology-driven alternative investment solutions for its advisors and their clients is at the forefront of our collaboration. This partnership further underlines wealth managers’ trust in iCapital, highlighting their broader commitment to expand access to private markets through a fully digital and streamlined investment experience for advisors and their clients.”
As noted in the update, iCapital is a global firm, “shaping the future of global investing for financial advisors, wealth managers, asset managers, and other industry participants.”
iCapital offers a diverse and complete “range of non-traditional investment products on iCapital Marketplace, Enterprise solutions, and both Technology and Data Services, designed to help drive better outcomes2 for all participants in the ecosystem.”
With strategic investment from alternative asset managers and wealth managers, iCapital provides access, “data connectivity, education, and research programs to advisors and their clients. Leveraging AI and machine learning for digital identity (KYC/AML), iCapital supports compliant and secure investment lifecycle processes.”