Mosaique and Adjoint have partnered to transform manual practices of the prime brokerage lifecycle.
Adjoint Uplink distributed ledger technology has been used by Mosaique for more than a year to integrate smart contract components with the prime brokerage lifecycle.
Mosaique is a technology solution provider for financial institutions that have launched a cloud-based platform that removes complex fees reconciliations and invoicing processes from the multi-asset brokerage ecosystem.
Asset managers can use Mosaique’s platform to link legal agreements with relevant referential data and post-trade events, providing them with access to a real-time and a fully reconciled view of their brokerage fees on a singular platform.
Adjoint implements its distributed ledger technology across financial service departments promoting data privacy and transparency.
Havell Rodrigues, CEO and co-founder of Adjoint, said: “We are thrilled to be developing the core distributed ledger infrastructure for Mosaique and collaborating with the talented team.”
He added: “Together, our goal is to ensure our customers achieve multi-party efficiency through transparency and automation, all while preserving confidence in data privacy.”
