Marketnode Launches Fundnode, an Industry-Wide Funds Utility
Marketnode launches Fundnode, an industry-wide funds utility
Marketnode today announced the launch of Fundnode, a distributed ledger technology (DLT)-enabled investment funds utility designed to streamline settlement, reconciliation, and record-keeping for the funds industry in Singapore.
Fundnode digitalises core parts of the funds transaction lifecycle, reducing the manual and paper-based processes that have traditionally slowed settlement and increased operational risk for funds market participants.
As an industry-wide utility, Fundnode is designed to be adopted broadly across distributors, transfer agents and fund managers, providing a shared, neutral infrastructure layer for the funds ecosystem in Singapore and beyond.
About Marketnode
Marketnode is Asia-Pacific’s digital market infrastructure (DMI) operator, backed by Euroclear, HSBC, SGX Group and Temasek.
Our unique combination of data, networks and access capabilities enables financial institutions to turn data into operational intelligence, streamline transactions over shared networks and shorten time to market for funds, structured products and credit in traditional and digitally native formats.
For more information, visit www.marketnode.com
Learn More About Fundnode
See how Marketnode Fundnode helps fund market participants transact, settle, record and access a broader fund universe.