The arrangement will pair JTC Americas’ award-winning fund administration technology with VENTURE.co’s fast and efficient onboarding solution
San Jose, CA, February 10, 2022 – JTC Americas has entered into an agreement with VENTURE.co Holdings, Inc., that will benefit clients of both firms with a state of the art, streamlined and efficient investor onboarding process.
In traditional third-party fund administration, investor and fund documents are sent to the administrator to be entered into administrative platforms. Depending on the type of fund, the number of investors involved and several other factors, this process can sometimes result in delays that can adversely impact fund performance.
By developing an advanced technical interface with VENTURE.co and incorporating fund administration operations with the use of the VENTURE.co solution, JTC’s client documents will be uploaded and data transferred automatically, reducing the chance for error while improving speed, accuracy and efficiency.
VENTURE.co is a U.S. based software-as-a-service company on a mission to streamline and enhance private securities sales. The company offers an integrated virtual data room, distribution management tools, and automated document processing for fund and private equity sponsors, broker-dealers and RIA firms. By utilizing a single system of record, VENTURE.co provides a comprehensive solution for integrated sales, due diligence and compliance documentation.
JTC is a global leader in corporate, private client, and fund administration with over $130 billion in AUM and a team of more than 1,200 across 26 jurisdictions. JTC Americas, the North American arm of JTC, is a leader in specialty financial administration, serving US markets characterized by high administrative complexity, elevated transaction security needs and challenging compliance requirements.
Learn more about JTC Americas’ fund administration by downloading our Fund Administration Solution Sheet!