CoInvestor, a supplier of integrated technology to the alternative asset sector, has been selected by Oxford Capital to support its fully digitised investment process strategy.
CoInvestor provides fund managers and financial advisers with fully integrated software to digitise and enhance the management of alternative asset investments.
Oxford Capital is a venture capital investor and one of the largest fund managers of tax-efficient investments specialising in Venture Capital, Enterprise Investment Scheme and Inheritance Tax investment solutions.
CoInvestor said that investing in this asset class has historically been time-consuming and complex, involving outdated, repetitive paper-based processes. Its solution enables streamlined management of assets, enhanced risk-management and compliance and strengthened data security.
Chief Executive of CoInvestor Sam Plumptre said: “This is an important milestone, not only for us but the alternative asset sector. Oxford Capital really understands the challenges and is doing its utmost to adapt to the growing demand for a digital solution to enable investors and advisers to transact and manage their investments via a straightforward process.”
Richard Roberts, of Oxford Capital, said: “As we seek to remain at the forefront of this rapidly evolving sector, our focus is on delivering an enhanced client experience for both our advisers and our investors. By working with CoInvestor we are implementing a solution that allows us to support this intent through the implementation of a fully digitised investment process and additional reporting capability.”