Morgan Stanley Wealth Management will leverage iCapital’s blockchain-powered technology to standardize trade workflows and enhance data transparency for subscription onboarding of alternative investment funds.
NEW YORK--(BUSINESS WIRE)--#alternatives--iCapital1, the global fintech company shaping the future of investing, today announced the deployment of distributed ledger technology (DLT) to support Morgan Stanley Wealth Management’s industry-leading alternatives business. This initiative is part of iCapital’s broader strategy to drive digital transformation and deliver seamless connectivity, enhancing efficiencies across the alternatives industry—streamlining investor onboarding, subscription document processing, pre-trade workflows, and reporting across the lifecycle of alternative investments.
“We are proud to work with Morgan Stanley Wealth Management. This represents an important step in our journey to transform the private markets investing experience,” said Lawrence Calcano, Chairman and Chief Executive Officer of iCapital. “By integrating iCapital’s distributed ledger technology into trade workflows, we’re streamlining the alternative investment process reducing friction, accelerating time to trade, and enhancing transparency and efficiency for clients and the broader investment ecosystem. DLT continues to set new industry standards for scaling and managing alternatives.”
The trade integration enables seamless automation of subscription document review and remediation between Morgan Stanley, General Partners (GPs), and Fund Administrators. Leveraging iCapital’s DLT, the trade experience becomes more efficient, transparent, and scalable. DLT establishes a standardized data model to connect stakeholders across the ecosystem, significantly reducing manual reconciliations and improving data fidelity.
“Integrating iCapital’s distributed ledger technology into our alternative investment workflows represents a meaningful, technology-enabled advancement in operational efficiency,” said Alison Nest, Managing Director and Head of Investment Solutions Products at Morgan Stanley. “This solution automates key trade processes, reduces manual reconciliations, and accelerates time to trade—ultimately allowing us to serve our clients while scaling connectivity across the private markets ecosystem.”
About iCapital
iCapital is a global leader, shaping the future of global investing for financial advisors, wealth managers, asset managers, and other industry participants. iCapital offers a diverse and complete range of non-traditional investment products on iCapital Marketplace, Enterprise Solutions, and both Technology and Data Services, designed to help drive better outcomes2 for all participants in the ecosystem.
With strategic investment from leading alternative asset managers, wealth managers, and service providers globally, iCapital provides unrivaled access, data connectivity, education, and research programs to advisors and their clients. Leveraging AI and machine learning for digital identity (KYC/AML), iCapital supports compliant and secure investment lifecycle processes.
iCapital's end-to-end platform manages the lifecycle of non-traditional investment products, making it easier to learn about, buy, manage, and integrate alternative assets, structured investments, and annuities into portfolios, driving growth, scale, and efficiency. Our solution(s) can be customized and offers specific modules as needed.
iCapital has $997.73 billion of assets serviced globally on its platform, including $272.1 billion in alternative platform assets, $215 billion in structured investments and annuities outstanding, and $512.7 billion in client assets reported on, and serving over 3,000 wealth management firms and 118,000 active financial professionals.
Headquartered in New York, iCapital operates globally with 16 offices, including major hubs in Zurich, London, Hong Kong, Singapore, Tokyo, and Toronto, and an industry-leading R&D center in Lisbon. iCapital is recognized for its innovation and leadership, with accolades from Euromoney (World's Best Technology Provider for Wealth Management), CNBC (World Top Fintech Companies), The Wealthies Alts Investment Platform of the Year, and Forbes Fintech 50.
For more information, visit https://icapital.com | X (Twitter): @icapitalnetwork | LinkedIn: https://www.linkedin.com/company/icapital-network-inc
This material has been provided to you for informational purposes only by iCapital, Inc. and/or one of its affiliates including Institutional Capital Network, Inc. (collectively, “iCapital”). This material is the property of iCapital and may not be shared without its written permission. No part of this material may be reproduced in any form or referred to in any other publication without express written permission of iCapital. This is not intended as and may not be relied on in any manner as, legal, tax or investment advice, a recommendation to employ a specific investment strategy, or as an offer to sell, a solicitation of an offer to purchase, or a recommendation of any interest in any fund or security. Security products and services are offered through iCapital Markets LLC, a registered broker/dealer, FINRA and SIPC. Financial products made available by iCapital Markets LLC may be complex and/or speculative and are not suitable for all investors. iCapital Advisors, LLC is an investment adviser registered with the Securities and Exchange Commission and acts as an adviser to certain privately offered investment funds. “iCapital” and “iCapital Network” are registered trademarks of Institutional Capital Network, Inc.
© 2025 Institutional Capital Network, Inc. All Rights Reserved.
1 iCapital, Inc. and its affiliates (together, “iCapital”)
2 iCapital delivers better outcomes by streamlining financial operations, enhancing technology infrastructure, and empowering smarter decision-making through reporting and analytics.
3 As of August 31, 2025
Contacts
Media Contacts
iCapital
+1 919 602 2806
icapital@neibartgroup.com