Partnership formed between LGT and iCapital for digital transformation of alternative investment services
## LGT and iCapital Partner to Revolutionize Private Banking
In a significant move towards digital transformation, LGT, a renowned international private bank controlled by the Liechtenstein Princely Family, has joined forces with iCapital, a leading global fintech platform specializing in alternative investments [1][2]. This collaboration aims to integrate iCapital’s advanced technology platform into LGT’s banking systems, digitizing and streamlining the management of LGT’s alternative investment portfolio on a global scale [1][2].
### A Transformative Partnership in Action
The partnership has resulted in a cutting-edge platform that manages the entire lifecycle of alternative investments at LGT. This comprehensive solution encompasses digital marketing, centralized document storage, streamlined client reporting, and in-depth portfolio analysis, all accessible through a unified interface for relationship managers, investment advisors, and operations teams [1][2].
### A Global Embrace
Originally launched in Europe, the platform has since expanded its reach to LGT’s global network, ensuring consistent, high-quality digital processes for alternative investments across the globe [1][2].
### Enhancing Operational Efficiency and Client Experience
By digitizing workflows such as client onboarding, document management, and reporting, the platform reduces manual processes, minimizes errors, and increases transparency. This allows LGT staff to provide clients with real-time insights into their private markets portfolios, improving operational efficiency across the board [2].
The platform is designed to deepen client engagement by offering personalized reporting, easier access to investment information, and a more efficient investment process. The goal is to set a new industry standard for how private banks handle alternative investments [2].
### Strategic Significance
This partnership marks a significant step for LGT in modernizing its alternative investment operations, leveraging iCapital’s technology to maintain its competitive edge in private banking and asset management. For iCapital, it presents an opportunity to expand its global footprint and demonstrate the scalability and adaptability of its platform within a leading private bank’s ecosystem [1][2].
> “The platform empowers our colleagues and clients with unparalleled insights into their private markets portfolios, setting a new standard for innovation and efficiency in this space.” — Christian Buchli, LGT [2]
### Key Features of the Partnership
| Feature | Impact | |-------------------------------|------------------------------------------------------------------------| | Integrated Tech Platform | Seamlessly embeds into LGT banking systems for global use [1][2] | | End-to-End Process Management | Covers marketing, document storage, reporting, and analysis [1][2] | | Global Deployment | Rolled out first in Europe, now available worldwide [1][2] | | Operational Efficiency | Reduces manual work, increases transparency and accuracy [2] | | Client Engagement | Provides real-time, personalized insights for clients [2] |
The LGT-iCapital partnership represents a fundamental shift in how LGT manages and delivers alternative investments to its clients, digitizing every step of the process and setting a benchmark for innovation in private banking [1][2].
- The LGT-iCapital partnership empowers LGT colleagues and clients with unparalleled insights into their private markets portfolios, setting a new standard for innovation and efficiency in wealth management.
- Through this partnership, LGT leverages iCapital's technology to embed an integrated tech platform into its banking systems for managing the lifecycle of alternative investments on a global scale.
- The advanced technology platform, resulting from this collaboration, offers features such as digital marketing, centralized document storage, streamlined client reporting, and in-depth portfolio analysis, all accessible through a unified interface.
