Utocat provides a blockchain-based platform for managing the registration and lifecycle of unlisted securities, automating the transfer process to enhance efficiency. By reducing transaction times from weeks to an average of three days, the solution significantly streamlines investment operations while ensuring regulatory compliance through electronic document authentication.
Funding
$1.9M 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
The process of buying or selling unlisted securities through various investment plans can take weeks or even months, creating inefficiencies for financial institutions and investors. This delay is due to manual processes and a lack of streamlined digital solutions.
Solution
Utocat's Catalizr platform provides blockchain-based software designed for the financial sector to manage unlisted securities. The platform streamlines and accelerates investment operations, reducing transaction times to an average of three days. Catalizr offers a fully online solution that optimizes the investment process, potentially saving up to 70% of the time involved in traditional methods. The system ensures regulatory compliance through electronic document authentication, enhancing trust and security for investors.
Target Audience
Catalizr targets financial advisors, back-office title managers, and innovation departments within financial institutions seeking to streamline unlisted securities transactions and improve client experience.
Features
- Digital platform for managing the lifecycle of unlisted securities.
- Automated creation of commitment letters.
- Electronic signature for authenticating investment documents.
- Client dashboard providing real-time visibility into investment status.
- Secure online access for clients to view and manage their investments.
- Compliance with current regulations through secure and authenticated transactions.