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.
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