Blockchain Solutions for Asset Management

The Problem

The requirements for compliance and regulatory reporting have intensified significantly in order to keep up with the pace of financial innovation. Traditionally, companies have relied on monthly or quarterly manual audits that are inefficient and prone to human error, manipulation, and fraud. Companies that operate internationally additionally find it challenging to comply with evolving regulations across multiple jurisdictions.

The Solution

Codefi issues digital assets on an immutable ledger, with built-in compliance functions and automated real-time transaction monitoring. We create digital assets that behave similar to existing asset classes with code that is modeled after traditional securities law, and we program compliance attributes to adhere to specific regulations according to intended geographic distribution. Our platform can extend permissions to regulators enabling real-time oversight of asset and network activities. Compliant digital assets with the behavior of conventional asset models, and transparent reporting to relevant stakeholders reduces investor and regulator uncertainty, and helps promote approval and adoption.

The Problem

Traditional fund subscriptions and asset lifecycle management are reliant on complex, manual, paper-based processes involving a handful of intermediaries. These processes are prone to human error, data manipulation, and fraud, and often occur in siloes, requiring frequent data reconciliation. Fractured fund administration results in accumulating costs, high subscription fees, and poor investor experience.

The Solution

Codefi digitizes security lifecycle events on one platform. It retains a single source of truth for all platform activity and facilitates data accessibility, eliminating the need for manual reconciliation. This optimizes a full range of corporate actions, from dividend and proxy voting, to splits, issues of rights and warrants, takeovers and exchanges— simplifying the investor experience.

The fully digital lifecycle facilitates network governance, enhances investor relations, and enables real-time cap-table management. The coded business logic reduces human errors, eliminates the need for third-party asset servicing, significantly improves efficiency, and reduces costs.

The Problem

Clearing and settlement cycles can take up to three business days from the transaction date, passing through multiple intermediaries using siloed systems. This creates delays in payment among stakeholders, and impacts cash-flow.

The Solution

Blockchain eliminates the need for intermediaries such as transfer and paying agents, central clearing houses, and central security deposits— enabling near-real-time settlement and making T+0 a reality. Accenture recently estimated that the global financial industry could save up to $10 billion by using blockchain to store and process clearing and settlement.