New Partnership: Alternative Investment Exchange (AIX) — PHXA
PHOENIX AMERICAN AND ALTERNATIVE INVESTMENT EXCHANGE ANNOUNCE THEIR PARTNERSHIP TO DELIVER STRAIGHT-THROUGH PROCESSING FOR ALTERNATIVE INVESTMENTS
Phoenix American, a leading transfer agent and fund administration provider for alternative investments and Alternative Investment Exchange (AIX), a digital platform built to improve processes for investing in alternatives, have announced an integration partnership to provide a seamless, fully digital purchase process for client funds. The partnership will enable investors to purchase alternative investment products digitally using the AIX platform resulting in a complete and active investment record in the Phoenix American transfer agent system, STAR-XMS, with no manual intervention.
“We’re working hard to improve the way business is done and grow the overall industry. Partnering with Phoenix American is a critical step toward that goal,” said AIX COO, Brad West.
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