The investors you cannot reach never appear as lost sales, and the days between the wire and the units are carried by everyone and priced by none of them. That is the demand, arriving as exposure rather than as a request. Units settle against cash in one movement, from whatever book the investor already holds, so distribution stops ending at the edge of your venue.
Request a briefing →An investor whose cash lives on a book your fund cannot reach is not a hard sell. The fund is simply not available to them. The register only grows where the plumbing already goes, and the plumbing is the slowest thing you own.
Cash leaves the investor before units exist. Into that gap go NAV moves, credit exposure and cancellations, and manager, agent and investor each carry a share of something none of them priced.
The transfer agent's record, the custodian's record and the cash account are three versions of one event, aligned by people, after settlement, forever.
The protocol settles the subscription as delivery versus payment: the cash commits on the book where the investor already holds it, the units commit on the fund's register, both in the same instant or not at all.
Any investor holding eligible cash on any book can subscribe, without onboarding to your venue or you to theirs. Distribution stops being a map of your plumbing and the register grows from books you never reached.
No days between wire and units. The order settles whole, at the NAV it struck, and nobody in the chain is carrying the gap, because there is none.
Register, cash and custody move as one record. The breaks stop being produced, and the suspense account finally runs dry.
Discover how secure settlement expands your addressable market, drives growth and client retention, and brings agency back to you and your clients. Bring a settlement your desk runs today and we will walk it through.