Allfunds Fund Groups breaks 1,000 mark on Global Distribution Agreements with Fund Houses
Allfunds, the world's leading WealthTech and fund distribution provider, has reached another new milestone having crossed the 1,000 mark of fund groups with global agreements, 133 of which have come in 2020 YTD alone.
In total Allfunds now provides access to over 2,000 fund houses, solidifying the platform as leader in this space, the firm said in a press release.
The global agreements are beneficial to fund houses as Allfunds covers the regulatory, AML, KYC, data management, pricing and operational services. Additionally, through Allfunds, asset managers can access up to 2,300 institutions all in one single agreement.
Through Allfunds technology advancements, the entire fund house on-boarding process is driven digitally which significantly decreases the manual activity and the burden of administrative tasks.
Fund houses can also benefit from Allfunds Connect, a digital ecosystem of powerful tools and services, as the key point of access to distribute their funds. Through Connect fund houses have the option to upgrade to Telemetrics and its Market Intelligence module allowing users to identify worldwide trends and flows within the Allfunds universe giving them a competitive advantage versus their peers.
The milestone of 1,000 global agreements, in addition to the constant search for the best innovation in a sector, has led the Allfunds to strengthen its competitive advantage in the marketplace.
Borja Largo, Chief Fund Groups Officer, Allfunds, said: “We have worked for 20 years to have reached the important mile of 1,000 global agreements and we are grateful for the confidence fund houses and distributors have in Allfunds´ service offering. At Allfunds we are committed to working hard to provide the best tools and services to all our clients and we thank them for helping us achieve our goals.”