The startup provides a platform for lifecycle management of alternative assets, facilitating structuring, onboarding, financing, and secondary market transactions. This enables wealth managers and retail investors to efficiently access and deliver private market opportunities to their clients.
Funding
$27M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Accessing private market investments is often complex and inefficient for both wealth managers and their clients due to regulatory reporting requirements, multi-booking centers, and a lack of integration with core banking software. GPs and asset managers face challenges in distributing their private wealth products in EMEA and APAC due to difficulties in managing distributor relationships, onboarding clients, and complying with multi-jurisdictional regulations.
Solution
S64 provides a modular technology platform that streamlines the entire lifecycle management of alternative assets, connecting key stakeholders and removing complexity. The platform enables private banks and wealth managers to scale their private markets offering by providing solutions for client onboarding, AML/KYC compliance, product marketing, digital subscriptions, and lifecycle management. S64 also empowers GPs and asset managers to fast-track their entry into the private wealth channel by offering services such as fund governance, regulatory reporting, and digital delivery. The platform's architecture is designed to be modular and configurable, adapting to the specific needs of clients and markets while ensuring data privacy and confidentiality through end-to-end encryption protocols.
Target Audience
S64 primarily serves private banks, wealth managers, GPs, and asset managers seeking to streamline private market investments and expand their reach in EMEA and APAC.
Features
- Modular technology platform adaptable to client and market needs
- Client onboarding and AML/KYC workflows to meet regulatory requirements
- Support for multi-jurisdiction regulatory reporting and multi-booking centers
- Compatibility with open and closed-ended funds
- Integration with core banking software and third-party systems via API
- AI and process automation to increase operational efficiency
- White-labeling options for a customized user experience
- SOC 2 Type II compliant security environment with end-to-end encryption