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Fund Tokenization app - suggestion to update party names #98

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simonletort-da opened this issue Mar 7, 2023 · 0 comments

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simonletort-da commented Mar 7, 2023

For "Fund Tokenization", I understood the workflow as:

PM issues fund shares
Investor(s) invest
AM pool investment requests
PM 'fulfill' pooled investment requests

I think the industry tends to refer to:

PM as the trading desk in charge of managing the trading strategy of a given fund
AM the legal entity for which the PM team works
Transfer Agent (TA) the legal entity that receives the subscription / redemption orders

So I would suggest to "replace all":

PM => AM
AM => Transfer Agent

@GeorgSchneider @FrankPreiwuss-da @LeventeBarczyDA

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