fume introduced an onchain paying agent to stop the payout before it spreads in a distribution run.
Published
Signal category
Technology & Infrastructure
Quote
“One flagged address in a distribution run shouldn't take the whole fund down with it. An onchain paying agent stops the payout before it spreads”
— fume team
Company
fume
Digital employees for fund administration. Serve 10x the AUM with the same team.
- Industry
- Financial Services
- Location
- Lugano, CH
- Company size
- 8 employees
Fume builds AI agents that do fund administration work, end to end. Fund admin still runs on humans moving data. Administrators tell us they spend 5+ hours per fund, per NAV cycle, exporting, copying, pasting, and reconciling across accounting software, portfolio systems, Excel, and email. The tools exist. Humans are the glue between them. Our agents replace that manual work directly. They run on top of the systems your team already uses. Nothing new to integrate, nothing to migrate. Before your team logs in, an agent pulls broker reports from the inbox, files statements, structures trades, enters positions, computes the NAV, and delivers it to your inbox. Every agent is built, run, and maintained by Fume. Frontier and local AI, deployed where your data needs it. A watchdog on every run and white glove exception handling, so your team can just focus on review. First agent live in production in 30 days, priced as a monthly subscription at around 20% of the labor cost it replaces. Built by people who ran a fund. Based in Switzerland, working with fund administrators and ManCos across Europe and beyond.
Founded 2023