Templum Named Best Alternative Asset Marketplace Technology Provider

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Dec 23, 2022, 10:12 ET

NEW YORK, Dec. 23, 2022 /PRNewswire/ -- Templum, Inc. ("Templum"), a provider of next-generation cloud-based capital market infrastructure for alternative assets and private securities, announced today that AI-Media's New World Report had recognized Templum as the Best Alternative Asset Marketplace Technology Provider. These awards celebrate innovative projects and teams across the vendor and practitioner communities that use new and emerging technologies, services, and solutions to deliver high-value solutions in North America.

Globally, alternative asset classes are being embraced by large institutions, intermediaries, and individual investors. According to Preqin's most recent report, the Global Alternatives AUM is expected to reach $23.21 trillion by 2026, up from $13.32 trillion at the end of 2021 (11.7 CAGR).

"With increasing growth and investment into alternative assets, inefficiencies in antiquated manual processes and the lack of infrastructure have been more apparent than ever. These outdated manual processes have historically stymied the full potential of the market," stated Christopher Pallotta, Founder, and CEO of Templum. "Fortunately, these antiquated processes are rapidly being disrupted by Templum as we leverage innovative digital and scalable technologies to significantly reduce costs and time by creating operational efficiencies for investment managers, advisors, and investors. As a result, we have created a strong ecosystem and infrastructure for making investing and trading in alternative assets as easy as participating in the public markets."

"The North America Business Awards are always a delight to host. These companies are a driving force for change, and I want to congratulate every one of them," said Jessie Wilson, North American Business Awards program manager. "I wish them an incredible end to the year and a very fruitful future."

About Templum

Templum Markets LLC. is a New York-based broker-dealer, and Alternative Trading System (ATS) approved to trade unregistered private securities in 53 U.S. states and territories and is a wholly owned subsidiary of Templum, Inc., a trading technology company. Templum is paving the way for investors to participate in new asset classes through integrated market technologies and APIs for primary issuance and secondary trading. Templum's combined solution provides liquidity and distribution in private markets by enabling a continuous trading experience for investors rather than the manual processes currently in place. In doing so, Templum delivers custom trading solutions to power marketplaces. For more information, please visit www.templuminc.com.

About New World Report

New World Report is an insightful and informative business news platform providing readers throughout the Americas with business advice to aid business progress and success stories to inspire trends and innovations to support business growth and continuity. Born out of the merger of U.S. Business News and Latin America News, The New World Report has a dedicated website that is updated daily with content, and each month a newsletter is circulated to more than 100,000 businesses and professionals from across the region.

New World Report is brought to you by AI Global Media. AI Global Media is a digital media group launched in 2010 with 12 brands in its portfolio. The group has over 600,000 pageviews across its brand websites per month (*accurate as of June 2020) and circulates newsletters and notable edition magazines to more than 1.6m recipients across various walks of life.

About AI Global Media

Since 2010 AI Global Media (https://www.aiglobalmedialtd.com/) has been committed to creating engaging B2B content that informs our readers and allows them to market their business to a global audience. We create content for and about firms across a range of industries.

We have 12 unique brands, each serving a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter that a global audience reads. Our flagship brand, Acquisition International, distributes a monthly digital magazine to a worldwide circulation of 108,000, who are treated to a range of features and news pieces on the latest developments in the global corporate market.

SOURCE Templum Inc.