iCapital, the global fintech platform shaping the future of investing, today announced that it is working with Anthropic to advance the next phase of its AI strategy. The integration of Anthropic's Claude models reflects iCapital's continued investment in platform capabilities and tools that support participants across the ecosystem and enhance client experience at scale. The initiative is focused on applying advanced intelligence in a way that builds on iCapital's existing platform, expanding how advisors, product providers, and their clients engage with education, workflows, and insights across the investment lifecycle.
iCapital has more than $1.14 trillion4 of assets serviced globally on its platform, including $300.6 billion in alternative platform assets, $251.4 billion in structured investments and annuities outstanding, and $589.4 billion
in client assets reported on.
Serves over 3,300 wealth management firms and 123,000 active financial professionals.
Nearly 90% of organizations now using AI, yet fewer than 40% report enterprise-level financial impact (McKinsey State of AI 2025).
iCapital has already integrated Claude Code into development workflows.
Platform supports digital identity (KYC/AML) using AI and machine learning.
Strategic investment from leading alternative asset managers and wealth managers globally.
AI's value isn't novelty — it's foundational to improving outcomes across the ecosystem and for those who rely on iCapital's platform every day. iCapital chose to work with Anthropic because Claude's capabilities align with the institutional-grade standards required to do that responsibly. The AI strategy is focused on supporting advisors and product providers with the tools and technology to help them service their clients more effectively. iCapital is working with Anthropic to apply Claude's strong reasoning capabilities, interpretability, and ability to operate within a complex, compliance‑first environment to power client solutions across its platform.
iCapital's engineering team has already integrated Claude Code into its development workflows, accelerating build cycles and enabling faster iteration on platform features. That early experience with Claude's capabilities informed the company's decision to apply Anthropic's models more broadly across its platform. iCapital's AI architecture and strategy have been designed to be open and extensible, with the goal of applying the best technology to the right use cases as this space continues to evolve, while preserving the flexibility that is critical for the future. Initial applications will focus on workflows targeted at advisors and client enablement as well as product provider engagement.
About iCapital
iCapital is a global leader, shaping the future of global investing for financial advisors, wealth managers, asset managers, insurance carriers, and other industry participants. iCapital offers a diverse and complete range of non-traditional investment products on iCapital Marketplace, Enterprise Solutions, and both Technology and Data Services, designed to help drive better outcomes for all participants in the ecosystem. With strategic investment from leading alternative asset managers, wealth managers, and service providers globally, iCapital provides broad access, data connectivity, education, and research programs to advisors and their clients. Leveraging AI and machine learning for digital identity (KYC/AML), iCapital supports compliant and secure investment lifecycle processes.
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