OneVue has won a contract to provide unit registry services to NAB Asset Servicing clients.
The appointment will take effect immediately and will be followed by a number of transitions, during which time NAB Asset Servicing will continue to use its existing registry platform, OneVue said.
“Our appointment is the culmination of an 18-month selection process that has enabled the OneVue team to gain a detailed understanding of NAB’s Asset Servicing clients and their requirements,” said OneVue group managing director Connie Mckeage.
“It has also enabled us to better prepare for growth. Importantly for all our clients it creates further momentum and choice of product within the FUND.eXchange marketplace.”
Ms Mckeage said OneVue was very pleased with the decision, saying: “This represents a step change in OneVue’s growth trajectory. We are delighted to be selected to play such an important role.”
NAB Asset Servicing executive general manager John Comito said NAB was “committed to providing clients with seamless access to ‘best of breed’ products” and that OneVue’s retail and wholesale registry services would be a boon to clients.
JP Morgan Asset Management has signed on to a new service from global funds network Calastone, introducing automated settlements to its Morg...
The bank has taken a grim outlook on the COVID-19 crisis and has provisioned for downside economic scenarios. ...
MLC has announced a new licensee network for self-employed advisers and advice businesses as it attempts to create a “more focused and sus...