This recognition means more than a potential trophy — it’s a sign that the industry sees what our customers already know: 6lock is redefining money movement best practices for the private equity sector.
Until now, fund administrators, CFOs, and private equity teams have had to rely on outdated wire transfers alone to execute transactions worth millions of investor dollars. And if one account number is entered wrong — or compromised by a bad actor — mis-routed funds are simply gone.
Because banks offer zero recourse for errant wire transfers, all the risk of moving money lies with the transactor. To work around this, CFOs ask their internal teams and fund administrators to manually verify each LP’s identity and banking information. Think email chains, spreadsheets, and phone calls.
But in today’s AI-fueled fraud environment, a voice can be spoofed, emails can be watched, and digital documents are easily stolen. That means these time-consuming double-checks not only fail to de-risk wire transactions, they create more attack surface for fraudsters to exploit.
We built 6lock to solve private equity’s money movement problem. With identity-first verification, real-time visibility, role-based controls, and robust reporting, our platform streamlines private market transactions while locking fraud out.
The Money Awards honor those who challenge the status quo, which is no small task for 6lock, as we’re challenging practices that banks haven’t changed since the 1800s. The private equity ecosystem has become so accustomed to banking blind spots and wire transfer risks, many in the industry haven’t questioned whether a better way exists.
At 6lock we asked that question, and answered it with a state-of-the-art money movement tool made for private markets. In the age of AI, we believe purpose-built transaction tools are essential to secure private equity’s future.
Being named a Money Awards finalist will help us spread the word across the private equity ecosystem. Adopting 6lock as a private equity best practice ensures that:
- LPs get a streamlined experience they can trust to be secure and ready for any private equity transaction.
- GPs enhance investor trust and optimize time for building lasting relationships.
- CFOs reduce costs and speed value creation across deals, capital calls, and distributions without fear of fraud.
- Fund administrators skip the callbacks and better serve private equity clients with expanded treasury services that include identity verification, tracking, and money movement.
6lock exists to make every transaction safe and easy, so private market professionals can focus their time and energy on what matters most — creating value for investors.
To our early adopters, thank you. Your trust fuels our mission. And to every PE firm and fund administrator still navigating callback chaos and email overload, there’s a better way. The era of safe, seamless money movement is here — and leaders will seize it with 6lock.