Monark, a fintech firm providing "Alts-as-a-Service" API infrastructure to streamline access to private markets for retail brokerage firms, and InteliClear, the 21st century post-trade processing system, have announced a strategic integration, enabling seamless processing for alternative investments within InteliClear's existing back office systems.

 This strategic integration will unlock the ability for InteliClear to process and ingest alternative investments from Monark, maintain records of investors private market holdings, and facilitate funding of alternative investments directly from an investor's existing brokerage account. Together, InteliClear and Monark's solution enables effortless connectivity between a broker-dealer's platform and their back office books and records. 

"As the gap between public and private markets converge, working with groups like InteliClear helps create connectivity for broker dealers and clearing firms," said Ben Haber, CEO at Monark Markets. "With over 100 Million brokerage accounts in the US, enabling connectivity between traditional brokerages and private markets helps expand access to an exciting new market for investors and access to retail capital for issuers within private markets."

"Since inception, InteliClear has supported and empowered innovative fintech firms like Monark Markets to enhance post-trade operations for the benefit of their end customers," said John Paul DeVito, Co-Founder and Director of Sales and Marketing at InteliClear. "We're excited to integrate our cutting-edge infrastructure with Monark's APIs, proving that alternative investments belong in a client's brokerage experience. As more of our clients seek exposure to private markets, especially Pre-IPO opportunities, Monark delivers a seamless, compliant point of access fully integrated into their existing back-office systems."