Goji supplies Apex Group with global investor onboarding system
Alternative investment platform technology provider Goji has partnered with financial services provider Apex Group to enable alternative asset management clients to manage all stages of the investor lifecycle.
Goji is supplying Apex Group with a digital onboarding system, which provides alternative fund managers of both closed and open-ended funds, the ability to onboard their investors from any jurisdiction via a single, secure online platform.
The platform should offer an improved investor experience, increased efficiency and transparency, and reduction in time to market.
The features of the platform include KYC and AML compliance, digitised documentation and transparent communication, which allows teams to streamline the investor onboarding progress.
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Once verified, KYC can be re-used, where applicable, to any follow-on funds, reducing the duplication of work; and the platform reduces investor onboarding time, allowing managers to get their funds to market faster and more efficiently.
“We are thrilled that Apex Group has gone live with Goji’s innovative technology, and that it’s already being rolled out to their clients globally”, said Goji chief executive David Genn.
“As one of the world’s largest fund service providers, it 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 to the private markets, underpinned by leading technology.”
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UK-headquartered Goji is regulated by the Financial Conduct Authority and serves nearly 30,000 investors from more than 78 jurisdictions. It previously provided white label technology for peer-to-peer lending platforms.
“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”, said Apex Group global head of product – open ended, David Barry.
“Having the right technology and expertise in place to enable the automation of those processes and mitigate risks, is critical.”
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