BNP Paribas is partnering with AXA fund Managers on the Fund Link platform , which will use proprietary ledger technology and smart contracts to improve the process of buying and selling funds across the length of the distribution network , and meet the demands of forthcoming Mifid II regulations . The platform is being custom - designed in the initial phase with AXA , and will feature tools allowing investors to analyze fund data , and compare and select funds , while also allowing fund managers to fine - tune their distribution . The first applications of the new platform are expected to be ready this year .
BNP Paribas is partnering with AXA Investment Managers on the Fund Link platform, which will use distributed ledger technology and smart contracts to improve the process of buying and selling funds across the length of the distribution chain, and meet the demands of forthcoming Mifid II regulations. The platform is being co-designed in the initial stages with AXA, and will feature tools allowing investors to explore fund data, and compare and select funds, while also allowing fund managers to fine-tune their distribution. The first applications of the new platform are expected to be ready this year.