Alchelyst, a provider of investor solutions and infrastructure services for private markets asset managers, has entered into a strategic partnership with Allfunds Blockchain, the blockchain division of one of the world’s largest B2B fund distribution platforms. The collaboration aims to improve the efficiency of investor transaction processing while reducing operational errors and administrative burdens across the private markets sector.
Alchelyst delivers investor solutions and fund administration services through proprietary technology designed to support scalable operations. The company maintains a global presence with offices in the United States, Ireland, the United Kingdom, Luxembourg, and India. Meanwhile, Allfunds Blockchain develops technology solutions that promote secure data governance for financial institutions while enabling process automation through smart contract capabilities.
At the center of the partnership is the launch of the Alchelyst × Allfunds Blockchain API, a permissioned blockchain-based integration that automates transfer agency order processing. The solution replaces traditional manual procedures with straight-through processing for subscriptions, redemptions, and fund switches. Through real-time data exchange between both organizations, the API is designed to eliminate inefficient workflows that have historically been vulnerable to human error.
Addressing Long-Standing Industry Inefficiencies
The private markets sector has long faced challenges stemming from fragmented and labor-intensive back-office operations. These inefficiencies have often made private market investments more difficult to manage and scale compared to traditional asset classes.
The new API-driven integration replaces manual transfer agency processes with automated, real-time transaction handling, significantly reducing operational friction and the risk of errors.
Built on Allfunds Blockchain’s infrastructure and integrated with Alchelyst’s Aurum platform, the solution creates a direct digital connection between private market fund managers and the Allfunds distribution network. This development is expected to provide access to distribution opportunities that were previously difficult or costly for many general partners to establish independently.
Will Callaghan, Head of Product at Alchelyst, indicated that the company’s objective is to develop modern infrastructure that helps general partners expand their operations more effectively. He explained that the partnership with Allfunds Blockchain gives Alchelyst clients access to a broad distribution network that would otherwise require substantial resources and investment to build on their own.
Supporting the Future Growth of Private Markets
Beyond the immediate operational improvements, both organizations view the initiative as part of a broader effort to strengthen the foundations of the private markets industry. By simplifying interactions between fund operations and distribution channels, the collaboration seeks to create a more efficient and resilient ecosystem capable of supporting growing investor demand.
The integration provides private market managers with a direct digital gateway to the Allfunds distribution network, expanding access to potential investors and distribution opportunities.
According to the companies, enhanced automation and connectivity can help the industry overcome longstanding operational bottlenecks while creating a framework that supports sustainable growth over the long term.
Rubén Nieto, Managing Director of Allfunds Blockchain, stated that the partnership demonstrates the benefits that emerge when fund operations and distribution infrastructure are fully connected. He noted that automating workflows previously dependent on manual intervention allows general partners to access one of the largest distributor networks globally through a direct digital channel. He further emphasized that such infrastructure improvements provide the operational foundation needed to support the next stage of expansion within the private markets industry.
By combining blockchain-powered automation with scalable fund administration technology, the partnership aims to establish a more efficient, scalable, and growth-oriented private markets ecosystem.
