UK-based technology provider Goji has partnered with Apex Group (Apex) to offer an investor lifecycle management platform for alternative asset management clients.
Apex’s digital onboarding solution gives alternative fund managers the ability to onboard investors through a single online platform, whether they manage open- or closed-end funds and regardless of their jurisdiction.
The platform is compliant with know-your-customer (KYC) and anti-money laundering requirements, with KYC documentation able to be re-used for follow-on funds once it has been verified.
Documentation is digitised and pre-populated to be compatible with digital signatures, contributing to the simplification and streamlining of the onboarding process, Goji says.
Additionally, the platform facilitates transparent communications whereby the onboarding process can be tracked by managers and teams.
David Barry, global head of product for open ended at Apex, comments: "As private markets become more accessible, our clients are dealing with higher volumes of investors, making it more important than ever to streamline their onboarding processes. Having the right technology and expertise in place to enable the automation of those processes and mitigate risks, is critical. Goji will help our alternative fund management clients to reduce manual, paper-based processing for onboarding, subscriptions and other operations, delivering valuable time and resource efficiencies.”
David Genn, CEO of Goji, adds: “[Apex’s adoption of Goji’s technology] demonstrates the global desire of alternative fund managers to digitise and automate investor onboarding, improve the investor experience, and access new pools of capital. Goji is looking forward to continuing to work with Apex Group as they continuously evolve and improve their service offering."
