Use of Blockchain Technology to Help Transform Private Equity Administration

At the core of stakes, we have greater transparency, security and efficiency for innovative private equity ecosystem. In effect, Northern Trust and IBM built a security-rich blockchain, or distributed ledger solution, based on the Hyperledger Fabric. It is available for use for managing the administration of a private equity fund managed by Unigestion, a Geneva, Switzerland-based asset manager.

I can observe that, the blockchain network provides real-time insight and transparency to all parties, including the fund managers and investors as well as allowing regulatory access when required.

The blockchain solution allows the fund to transfer ownership stakes and be managed, serviced and audited throughout the investment lifecycle on a transparent platform offering “one version of the truth” to participants who gain access via secured means.

Initially, Northern Trust will make the solution available to clients on a selective basis.