MSCI and UBS have teamed up to build an AI platform to standardize private placements. The old guard can finally no longer sit still. As for that tough nut—data fragmentation—it looks like it will have to be tackled with both technology and industry alliances working in tandem. We’ll see whether other institutions are willing to follow suit.

Coin World News: MSCI and UBS Group announced a strategic partnership aimed at enhancing transparency in the private markets. The two sides will work together to further expand MSCI’s AI-enabled platform to address industry challenges such as long-standing data fragmentation and insufficient transparency in the private markets. UBS will also be the first to implement the AI-enabled platform, and in cooperation with MSCI will drive broad adoption of these standard tools to accelerate the development of standardized private markets.