Passthrough, a leader in fund workflow automation, and Aladdin®, BlackRock’s technology business, today announced a partnership that integrates Passthrough’s digital subscription technology within the eFront platform to offer a unified investor experience. The collaboration enables common clients – from general partners to asset servicers – to digitize their investor onboarding process and deliver scalable investor relations solutions for their clients.
“BlackRock continues to set new standards for how institutional investors participate in the private markets ecosystem at large,” said Tim Flannery, Co-founder and CEO of Passthrough. “With this integration, together, we’re removing friction from the moment investors log in - giving them one clear, intuitive path from interest to investment.”
Now live, the integration enables eFront users to streamline and automate onboarding and fund closings for their investors. Using Passthrough’s technology, it’s now easier to distribute and execute subscription documents electronically, accelerating subscription workflow and reporting. Over time, the two companies will collaborate further to embed Passthrough’s full onboarding flow – including subscription agreements, tax forms, and AML requests – within eFront’s investor experience.
"This is an additional proof point in our journey to make private markets more accessible and transparent through data and technology. Our collaboration with Passthrough enhances our private markets technology capabilities for the benefit of our common eFront clients - including BlackRock - by optimizing the investor experience through the investment lifecycle,” said Kamya Somasundaram, Managing Director, Global Head of Aladdin Partnerships.
Through this partnership, BlackRock will also leverage Passthrough’s technology to streamline onboarding for clients in its private markets business.
About Passthrough
Passthrough automates investor onboarding and compliance workflows for private funds. From subscription documents and tax forms to AML and KYC processes, Passthrough eliminates friction for both investors and fund managers. The platform connects directly to CRMs, investor portals, and fund admin systems to provide a seamless, API-first experience across the investor lifecycle. Learn more at passthrough.com.
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