Laxman Pai, Opalesque Asia:
San Diego-based fintech company Bridgeport Financial Technology has announced the launch of its private fund investment platform, BridgePort.
The private fund investment technology firm claimed in a press release that BridgePort will transform the transaction and reporting environment for the hedge fund, private equity, and venture capital fund investment community.
BridgePort is a front-to-back, encrypted SaaS platform that streamlines and centralizes private fund investing while providing industry constituents with a secure transactional environment, it said.
The platform accommodates digital investor transactions and multi-fund reporting through a single, encrypted platform, algorithmic-based portfolio analytics, and dashboards, and custom liquidity to augment existing private fund investment terms.
“The private fund industry attracts some of the brightest and most talented investment professionals, yet the investor transactional environment is dated, cumbersome and decentralized. A modern and streamlined transactional environment is long overdue,” said Christopher Nero, Founder, and CEO of Bridgeport Financial Technology.
“BridgePort offers a comprehensive solution that makes private fund investing more efficient, centralized and streamlined for investors, institutions, and managers. If I can buy and sell alternative ETFs on my smartphone in seconds, there’s no reason it should take weeks or months, and piles of………………….
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