#USA #New York #private markets #Monark #InteliClear

Monark and InteliClear Integration Revolutionizes Access to Private Markets

In a significant move within the fintech industry, Monark and InteliClear have announced a strategic integration aimed at transforming how retail brokerage firms access private market investments. This collaboration comes at a time when the gap between public and private markets is narrowing, making it vital for broker-dealers to enhance their offerings.

Monark, renowned for its innovative "Alts-as-a-Service" API infrastructure, simplifies the pathway for brokerages looking to integrate alternative investments into their service portfolios. On the other hand, InteliClear stands out as a cutting-edge post-trade processing system, ensuring that transactions are handled with precision and efficiency.

Streamlined Processing for Alternative Investments

The alliance between these two fintech powerhouses enables a seamless processing system for alternative investments within InteliClear's existing back-office frameworks. Initial efforts will concentrate on the Pre-IPO market, where Monark's suite of APIs will empower brokerage firms to provide access to investment opportunities in high-profile companies such as SpaceX and OpenAI.

Ben Haber, CEO of Monark Markets, emphasizes the importance of this integration, stating, "As the gap between public and private markets converge, collaborating with InteliClear enhances connectivity for broker-dealers and clearing firms. With over 100 million brokerage accounts in the U.S., establishing connectivity between traditional brokerages and private markets opens new investment avenues for retail investors."

Enhancing Broker-Dealer Competitiveness

The integrated systems will allow InteliClear to process alternative investments supplied by Monark, managing private market holdings for investors while facilitating funding directly from their existing brokerage accounts. This joint strategic solution will create unparalleled connectivity between brokerage platforms and their back-office operations.

John Paul DeVito, Co-Founder and Director of Sales and Marketing at InteliClear, remarked on the partnership, stating, "This integration proves that alternative investments can and should be a part of a client's brokerage experience. As demand surges for exposure to private markets, Monark offers a seamless, compliant access point incorporated into existing systems."

Exclusive Access to Private Investment Opportunities

A select group of InteliClear clients will gain access to Monark's APIs, unlocking exclusive investment opportunities in Pre-IPO, Registered Funds, and other alternative assets. The collaboration is poised to empower brokerages to diversify their offerings and provide clients with novel investment options, thereby enhancing the overall market landscape.

Monark Markets, established in 2022 and based in New York, focuses on delivering Alts-as-a-Service to help businesses embed private securities features into their customer interactions. The firm has made strides in expanding its reach within the alternative securities marketplace, particularly following its acquisition of assets from LEX Markets in 2023.

MMM Securities LLC, a subsidiary of Monark, operates as a FINRA-member broker-dealer specializing in private placements and alternative trading systems, constantly striving to uphold high compliance standards.

InteliClear's Technological Edge

InteliClear differentiates itself through its advanced post-trade processing capabilities, supporting a diverse assortment of assets, including digital currencies and alternative investments. Its Post Trade Solutions offers a fully customizable software platform, facilitating operations across the complete spectrum of financial services.

In conclusion, the strategic partnership between Monark and InteliClear marks a transformative step towards enriching private market access for retail investors, setting the stage for future innovations in the sector. As more clients seek exposure to alternative investments, this collaboration promises to deliver enhanced solutions tailored to the evolving demands of the marketplace.