the global fintech company that digitally transforms investment workflows for alternative asset managers, institutional investors, wealth managers, law firms, and fund administrators, announced the launch of SUBSCRIBE Altscape®, a digital marketplace connecting leading alternative asset managers with hundreds of global wealth management firms.

 The marketplace is designed to innovate the platform model and be the first to not charge asset managers an assets under management (AUM) based placement fee on marketplace transactions. SUBSCRIBE's solution currently serves over 50,000 financial advisors across 600 wealth management firms who can enable SUBSCRIBE Altscape® through their platform interface. Additionally, over 3500 alternative asset managers that are currently supported by SUBSCRIBE's alts operating system for investor onboarding and electronic subscriptions can seamlessly list their funds for discovery and digital transactions by wealth management firms on SUBSCRIBE Altscape®.

 As the logistics, entertainment, and shopping industries digitally transformed - UBER, Netflix, and Amazon substantially reduced the cost of doing business," said Rafay Farooqui, Founder and CEO at SUBSCRIBE. "With a limited selection of scalable software solutions for our industry, alternative asset managers seeking distribution through global wealth management firms have only faced increased costs when using digital platforms. There has been little innovation in the platform fee model, and this goes against what software is supposed to achieve for customers in a rapidly growing market. SUBSCRIBE Altscape® is designed to deliver the cost saving benefits of technology innovation to managers – as financial advisors and their clients look to increase allocations to private market investments."