UK fintech firm ZILO has launched a fully integrated Digital Transfer Agency platform that combines traditional mutual fund administration with digital asset capabilities on a single system. The AI-driven wealth management software company is positioning the solution to bridge conventional fund operations with digitally native issuance services for asset managers globally.
The platform launch comes as ZILO simultaneously announced a strategic partnership with Ripple, though specific terms and implementation details were not immediately disclosed. The deal signals growing convergence between established fund administration infrastructure and blockchain-based asset issuance technologies.
Asset managers and fund administrators can now access both legacy mutual fund services and emerging digital asset capabilities without maintaining separate systems, potentially reducing operational complexity and technology costs. The move targets firms seeking to expand into tokenized assets while maintaining existing fund operations.
Market participants should watch for adoption rates among mid-tier fund administrators looking to compete with larger players already investing in digital asset infrastructure.
FXnCO Insight
Firms operating dual legacy and digital asset platforms should evaluate consolidation opportunities as integrated solutions gain regulatory acceptance and operational maturity.
Source: Finextra