Definition ∞ Fund Management DLT refers to the application of Distributed Ledger Technology to streamline and enhance the operations of investment funds. This involves using blockchain-like systems for record-keeping, transaction processing, and shareholder management. DLT can automate administrative tasks, reduce reconciliation efforts, and provide a single, verifiable source of truth for fund data. It aims to increase efficiency and transparency in the fund industry.
Context ∞ The adoption of Fund Management DLT is a growing area of interest for traditional financial institutions seeking operational efficiencies and cost reductions. Discussions often center on regulatory acceptance and the interoperability of DLT systems with existing financial infrastructure. As digital asset markets mature, DLT integration could redefine fund administration and investor relations.