Passthrough and BlackRock's Aladdin® Collaborate to Enhance Investor Experience on the eFront Platform
'BlackRock continues to set new standards for how institutional investors participate in the private markets ecosystem at large,' said Tim Flannery, Co-founder and CEO of Passthrough. 'With this integration, together, we're removing friction from the moment investors log in - giving them one clear, intuitive path from interest to investment.'
Now live, the integration enables eFront users to streamline and automate onboarding and fund closings for their investors. Using Passthrough's technology, it's now easier to distribute and execute subscription documents electronically, accelerating subscription workflow and reporting. Over time, the two companies will collaborate further to embed Passthrough's full onboarding flow – including subscription agreements, tax forms, and AML requests – within eFront's investor experience.
"This is an additional proof point in our journey to make private markets more accessible and transparent through data and technology. Our collaboration with Passthrough enhances our private markets technology capabilities for the benefit of our common eFront clients - including BlackRock - by optimizing the investor experience through the investment lifecycle,' said Kamya Somasundaram, Managing Director, Global Head of Aladdin Partnerships.
Through this partnership, BlackRock will also leverage Passthrough's technology to streamline onboarding for clients in its private markets business.
About Passthrough
Passthrough automates investor onboarding and compliance workflows for private funds. From subscription documents and tax forms to AML and KYC processes, Passthrough eliminates friction for both investors and fund managers. The platform connects directly to CRMs, investor portals, and fund admin systems to provide a seamless, API-first experience across the investor lifecycle. Learn more at passthrough.com.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
3 hours ago
- Yahoo
A conversation with Nish Patel, UK regional director at Binance
Nish is a dynamic and experienced practitioner in the cryptoasset and financial services industry, with expertise in cryptoasset and blockchain technologies across multiple jurisdictions. His background spans firms of varying sizes and scales, from global tier 1 banks to early-stage start-ups. He currently serves as the Regional Director for Binance in the UK. You've had a career spanning tier 1 banks, the FCA, Rain, and now Binance. What first drew you into the crypto space? I was drawn to crypto by its potential to fundamentally change how value is created, transferred, and accessed globally. My experience in banking, regulation, and fintech showed me how financial systems evolve, and crypto felt like the next phase in that evolution. It blends technological innovation with the promise of open, borderless markets. The opportunity to help shape infrastructure that is secure, compliant, and built from the ground up was compelling, and that intersection of innovation and responsibility continues to motivate me. Which role taught you the most about the delicate balance between innovation and regulatory compliance? Across my career, I've come to see innovation and compliance not as opposing forces but as complementary. My time in regulatory bodies gave me a strong understanding of the principles behind policy, while industry roles have shown me how those principles can be applied to real products. The most sustainable approach is to build with regulation in mind from the start, protecting users and supporting market trust. This requires constant engagement between innovators and regulators, which aligns with Binance's philosophy. How significant is the UK's clarification on staking for the country's crypto market? The UK's clarification that staking is not a collective investment scheme is an important milestone. It reopens access to products for qualifying professional users and signals a balanced regulatory stance that values innovation while protecting consumers. With 12% of UK adults having owned crypto, this development could encourage institutional capital and strengthen the UK's position among markets advancing adoption through clear regulation. For professional investors, it provides the regulatory clarity and infrastructure needed to re-enter the market with confidence. How has the FCA's view on crypto changed since you helped draft early AML/CTF standards? There's been a noticeable global shift from focusing solely on risks and enforcement to recognising crypto's potential within a supervised framework. When AML/CTF rules were first applied to the sector, the priority was rightly on addressing financial crime in a new and fast-moving space. Those protections are still essential, but there's now more emphasis on enabling responsible innovation. Countries are developing tailored frameworks, engaging more deeply with the industry, and acknowledging that crypto, if built on strong compliance, can support the broader financial system. How does the UK's approach differ from other major jurisdictions Binance operates in? It's difficult to make direct comparisons because each jurisdiction's approach is shaped by local legal and policy considerations. The best frameworks are those that reflect domestic priorities while allowing global participation. In the UK, as elsewhere, we support a model that enables growth without compromising user protection. The focus on both innovation and compliance is central to building lasting trust in the digital asset industry. How are Earn products for professional users tailored differently from those for retail? For qualifying professionals, Earn products are designed with scale, complexity, and compliance in mind. In the UK, access is restricted to professionals only, enabling them to use products like Liquid Staking, On-Chain Yields, and Crypto Loans within a regulatory framework. These offerings are built to fit into institutional strategies and offer liquidity, competitive yields, and governance opportunities, all underpinned by Binance's infrastructure. Which Binance Earn products are most popular among the UK's professional investors today? We're seeing strong demand for our liquid staking products, particularly WBETH and BNSOL. WBETH now represents 20% of the global market with more than $9 billion in value, and BNSOL is the second-largest SOL liquid staking token with about $1 billion in total value locked. These products are integrated across Binance's ecosystem and offer yields, liquidity, and governance capabilities, all within a compliant structure. For UK professionals, they serve as institutional-grade tools that align with broader market strategies. With various yield options available, how do you help clients choose based on risk and strategy? As an exchange, we don't provide financial advice. What we do is offer a broad range of products that meet diverse risk profiles and strategies, from flexible and fixed terms to staking and loan-based options. Clients assess what works for their portfolios, and we focus on making our offerings competitive, accessible, and aligned with user needs. What's driving WBETH and BNSOL's rapid growth, and how are you expanding their utility? Their growth mirrors the strength of the Ethereum and Solana ecosystems. They simplify access to staking rewards by removing the need to run validator nodes, while allowing users to maintain liquidity and exposure. Beyond their yield, we're expanding their use across Binance and the wider DeFi space through protocol integrations, platform support, and partnerships that broaden their use cases. In a crowded staking and yield market, what is Binance focusing on next? Our priority is user-focused innovation that enhances flexibility, security, and accessibility. We expect the next wave of products to include more personalised and adaptive yield strategies, such as varied lock-up terms, multi-asset options, and integrations with DeFi for hybrid yields. With Earn access now extended to professionals, what are Binance's next steps in the UK? We're focusing on re-engaging UK professionals through targeted outreach and tailored product offerings. This includes liquid staking solutions like WBETH and BNSOL, as well as structured yield tools that fit into institutional strategies. We're also working directly with family offices, high-net-worth clients, and institutions to provide secure, compliant access to advanced investment tools. These efforts answer a growing demand for sophisticated products in a regulated environment. What are your top UK priorities over the next year, and how do you see the UK's crypto scene evolving? Globally, crypto is at a critical juncture, with institutional uptake, clearer regulation, and real-world use cases all progressing in tandem. Developments like the CLARITY Act and Bitcoin ETF flows in the US show the sector maturing, with focus shifting from speculation to application. In the UK, our goal is to be the leading digital asset platform. With regulatory momentum from the FSMA changes and recent FCA guidance, we expect increased institutional involvement. We plan to expand access to institutional-grade products within the existing framework and continue investing in compliance talent and systems. With permissions in over 21 jurisdictions, we're one of the most regulated exchanges globally. The UK is likely to see closer ties between traditional finance and crypto, and more emphasis on compliant innovation, a direction we are actively supporting. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21 hours ago
- Yahoo
Ripple's Global Co-Head of Policy on Four Best Practices for Digital Asset Custody
Ripple executives used a policy-related blog post on Monday to argue that digital asset custody has become the foundation for institutional adoption of stablecoins, tokenized assets and cross-border settlement. Rahul Advani, Ripple's global co-head of policy, and Caren Tso, its Asia-Pacific policy manager, said in the post that custody is now a critical entry point for enterprises that want to scale digital finance. They pointed to a recent Ripple–Boston Consulting Group report projecting that tokenized real-world assets could reach $18.9 trillion by 2033, and to Ripple's own survey finding that more than half of firms in the Asia Pacific plan to adopt custody solutions in the next three years. The blog post was published at the same time as the "Custody & Cybersecurity: Institutional Best Practices for Stablecoins and Beyond" workshop Ripple co-hosted with Blockchain Association Singapore (BAS) earlier this month. That event focused on institutional standards for stablecoin custody and culminated in the release of a 'best practices' report by BAS subcommittees on stablecoins and cybersecurity. The authors outlined four principles that should guide custody design. First, they called for a 'compliance-by-design' approach, noting that regulators such as Singapore's Monetary Authority (MAS) require strict asset segregation and recovery protocols. Second, they stressed that institutions must choose custody models suited to their needs, whether third-party, hybrid, or self-custody, with growing demand for wallet types beyond the hot-versus-cold divide. Third, the executives highlighted operational resilience. They said workflows must withstand disruption, meet recovery benchmarks set by regimes such as the EU's Digital Operational Resilience Act, and incorporate strong monitoring and incident-response processes. Fourth, they pointed to governance, citing segregation of duties, independent oversight, and audit trails as essential to maintaining trust. A fifth theme of the workshop, according to Ripple, was the role of custody in enabling stablecoins to move into mainstream use cases such as trade finance, cross-border payments, and liquidity management. The authors argued that enterprise-grade custodians can support this shift by offering API integration, AML tools and programmable features, while also evolving to safeguard tokenized documents tied to global commerce. The blog also promoted Ripple's own products. The company highlighted its Ripple USD (RLUSD) stablecoin, which it said benefits from being issued under a New York Trust Company Charter, with requirements for segregated reserves, independent audits, and full dollar backing. Ripple added that its custody platform is designed to help institutions manage tokenized assets while meeting compliance and operational standards. Advani and Tso concluded that as digital finance expands, custody infrastructure will need to integrate more deeply with smart contracts, tokenized documents, and automated compliance. 'These capabilities,' they wrote, 'will help lay the foundation for a digital financial system that is scalable, interoperable, and fit for the new era of finance.' Sign in to access your portfolio
Associated Press
a day ago
- Associated Press
Alona Shevtsova Drives SmartFlow's AI Transformation in AML and KYC Procedures
London, United Kingdom--(Newsfile Corp. - August 19, 2025) - SmartFlow Payments Limited, trading as Sends, is about to launch advanced Artificial Intelligence (AI) solutions tailored to strengthen its Anti-Money Laundering (AML) and Know Your Customer (KYC) procedures. Alona Shevtsova, CEO of SmartFlow, commented: 'The integration of AI into our AML and KYC procedures is a milestone in our plan to combine innovation, human expertise and regulatory excellence. Artificial Intelligence enables us to enhance compliance through predictive behaviour models. Combining all the accessible tools, we, at SmartFlow, build trust and safeguard the financial ecosystem.' [ This image cannot be displayed. Please visit the source: ] smartFlow To view an enhanced version of this graphic, please visit: Alona Shevtsova will also share her insights on the role of AI in fintech as a panellist at the upcoming Middle East Banking Summit in Dubai, where industry leaders plan to explore how advanced technologies are changing the future of fintech worldwide. Key highlights About SmartFlow Payments Limited (Sends) SmartFlow Payments Limited, trading as Sends, is a UK-based e-money institution authorised by the Financial Conduct Authority (FCA) to offer electronic money issuance, payment services, virtual IBAN accounts, and multi-currency business accounts. Operating with technological agility, SmartFlow enables businesses to manage international payments, FX conversions, and dashboard analytics in a unified platform. Contact Information For media inquiries or support, contact: [email protected] | [email protected] Sends is a trade name of SMARTFLOW PAYMENTS LIMITED, registered in England and Wales (Company No.11070048). Address: Office 39.18, Level39, One Canada Square, London, England, E14 5AB Marketing Department contacts: [email protected] Contact: Anastasiia Pervushyna To view the source version of this press release, please visit
