Phoenix American Financial Services has partnered with RealBlocks to support its transfer agent system and investor services platform as well as its fund accounting and reporting services.
RealBlocks democratises access to alternative investments by digitising shares of funds over a blockchain-enabled network.
The network is designed to create enhanced levels of liquidity and access for the world of alternatives, enabling fund managers, financial intermediaries and investors greater control and impact over their performance.
Perrin Quarshie, founder and CEO of RealBlocks, said: "Technological innovation is a core value of our vision for the future of the alternatives markets. In working with Phoenix American, we believe that their forward-thinking and expertise in the industry will help us to deliver our clients a best-in-class experience."
Andrew Constantin, senior vice president, operations at Phoenix American, added: "We're excited to bring [RealBlocks] on as a client to further enable their success through our industry-leading transfer agent and fund accounting solutions."
