Big dollars, lean teams
Large sums move under deadline pressure through multi‑party approval chains, and mandated transparency makes whole fund flows visible to attackers. Each transaction is only as secure as its weakest link.
The Standard · 2026
Fiduciary duty now covers
Fiduciary duty now covers
how money moves.
For years, callbacks, confirmations and manual tracking counted as reasonable care. In 2026 that era is over, and the firms that recognize it first will define what responsibility looks like for everyone else.
You built the best possible process for a world that no longer exists. Voice callbacks, email threads and spreadsheets worked when fraud was rare, high‑skilled and human. Today, AI makes it cheap, scalable and available to anyone with a laptop.
The perfect storm
Three forces converged.
Trust‑based by design
Private markets run on relationships and white‑glove service. Executives are public figures whose voice and video are findable online, and manual controls depend on human judgment at the moment of highest risk.
Minutes on a laptop
High‑fidelity business email compromise, voice cloning and deepfake impersonation are now cheap and accessible to low‑skill attackers. Private equity is targeted 300× more.
Why the standard changed
The old model is no longer defensible.
01
AI made manual controls exploitable at scale
A callback to a cloned voice verifies nothing. Human checks have become the entry point.
02
LP due diligence went deeper
Most LPs now weigh operational transparency above track record, and wire verification has become a standard ODD line item.
03
Regulators want to see the process
The SEC has sanctioned private markets firms for calculation errors and traceability gaps, not only misconduct. Documented, auditable process is the baseline.
An unowned core competency
Banks hold money.
Banks hold money.
Nobody secured moving it.
Capital calls, distributions and wires are the engine of private equity value creation. They're also the least modernized, least owned and most exposed part of the operation.
Banks built infrastructure to hold money, not move it securely across institutions. Fund administration platforms were never designed to carry identity verification at the transaction layer. So private markets move $3T a year with no identity verification, no error protection and no real‑time visibility.
6lock changes that permanently.
Accepted as sufficient BEFORE
- Manual callback verification
- Spreadsheets tracking LP status
- Days of blind wire status
- No audit trail for ODD
- 80%+ manual process overhead
The 2026 standard VERIFIED
- PII never exchanged by email
- System‑level identity assurance
- Real‑time visibility in one dashboard
- Immutable records, compliance on demand
- Fraud engineered out of the process
“If a risk is known, understood and solvable, failing to address it is a fiduciary failure.”
Todd SorrelCo‑Founder & CEO, 6lock
White paper
Distribution integrity: engineering trust in the moment that matters most
The 2026 standard for institutional‑grade distribution verification.
Read the white paperRisk is now optional.
Inertia is the biggest risk factor left. As leading firms upgrade to Verified Money Movement, laggards face 300× fraud targeting on their own.