LSEG has launched its Digital Markets Infrastructure (DMI) platform for private funds and facilitated its first transaction.
The DMI platform, powered by Microsoft Azure, is designed to support the full asset lifecycle, from issuance, tokenisation, and distribution to post-trade settlement and servicing, across multiple asset classes.
LSEG has stated that the platform will be interoperable with existing market solutions in both distributed ledger technology and traditional finance, leveraging a range of the group’s products and services, including Workspace.
Developed in collaboration with Microsoft, DMI aligns with LSEG’s aim of supporting clients across the full funding continuum, alongside other initiatives such as the Private Securities Market.
Private funds are the first asset class to use the DMI platform, with plans to extend it to additional asset classes in the future.
DMI adopts an open and interoperable approach, bringing together participants from international markets to broaden distribution, raise capital, improve liquidity, and service assets within a regulated environment.
Built on Microsoft Azure, the platform offers scalability and resilience. Its design aims to accelerate innovation while maintaining high security standards.
LSEG and Microsoft will continue their collaboration to further develop and scale the platform.
As part of the initial rollout, private funds on DMI will be discoverable by Workspace users, allowing general partners to interact at scale with professional investors within a platform they already use.
Investors will be able to identify, analyse, and access private market investment opportunities that were previously less accessible.
MembersCap and Archax are the first clients to join the platform, with the first transaction completed through MembersCap as general partner of MCM Fund 1, executing a primary fundraise with Archax acting as nominee for a major Web3 foundation.
EJF Capital has also been onboarded as an early adopter, with a selection of its funds expected to be available on the platform shortly.
Dr Darko Hajdukovic, Head of Digital Markets Infrastructure at LSEG, said:
“There are many processes in private markets today that can be improved. At LSEG we are committed to significantly improving access to private markets, by streamlining workflows, enhancing distribution, and enabling liquidity. We intend to do this by continually working with all stakeholders to enhance efficiencies and connectivity for both digitally-native and traditional assets.”
“The onboarding of our first clients and this first transaction are significant milestones, demonstrating the appetite for an end-to-end, interoperable, regulated financial markets DLT infrastructure. LSEG’s position as a convener of markets can bring significant scale to digital assets and effect real change.”
Bill Borden, Corporate Vice President, Worldwide Financial Services at Microsoft, said:
“Microsoft’s collaboration with LSEG on its Digital Markets Infrastructure (DMI) is a powerful example of the innovation driving our strategic partnership. Together, we’re reshaping the future of global finance to empower our customers to unlock new opportunities and drive meaningful change.”
Featured image credit: Edited by Fintech News Switzerland, based on image by freepik
