Subscribe, the global fintech company that digitally transforms investment workflows for alternative asset managers, institutional investors, wealth managers, law firms, and fund administrators, today announced that InspereX, a technology-driven distributor of fixed income, structured products, exchange-traded funds (ETFs), and alternative investments, has tapped Subscribe to enable alternative investment fund distribution, transactions, and reporting for RIAs.
With Subscribe’s alternative investment capabilities integrated into Aria, the InspereX distribution team and their financial advisor clients are empowered with a superior turnkey solution for digital investor onboarding and subscriptions and consolidated reporting for private fund investments. In addition to Subscribe ‘s institutional customer base, over 800 wealth managers and 3000 fund managers utilize the company’s technology to seamlessly process transactions and centralize post-trade reporting data for private fund investments.
“The majority of wealth managers are set to increase allocations to private market investments and the industry stands to reach $29.2T by 2029 from $18.2T in 2024 as cited by Preqin,” said InspereX CEO Scott Mitchell. “By embedding Subscribe ‘s technology within Aria, we are equipping RIAs with a market-leading alternative investments platform and one that many of them are already familiar with, as they seek to build portfolios using the Aria products.”
“Our goal has been to rebuild the critical infrastructure and data layers required for processing private market fund transactions as the entire industry scales up – much of which is driven by wealth managers increasing their allocations to the asset class,” said Rafay Farooqui, Founder and CEO at Subscribe . “We are excited to deliver the Subscribe technology to help make InspereX’s Aria initiative a success.”
Aria brings together BondNav, Luma Technologies, Subscribe and InspereX’s distribution capabilities to combine institutional expertise with advisor-first technology to help RIAs expand access, simplify operations, strengthen client outcomes, and scale their businesses.
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