M&G Chooses MoneyMate Data Management Platform

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MoneyMate has been chosen to provide a central data management hub for the retail funds of M&G Investments, a UK asset management firm with £194.4 billion in assets under management. The deal continues MoneyMate’s focus on the UK and North American markets, where it says firms remain the most open to working with application service providers.

MoneyMate’s Data Manager platform will help M&G control the fund data from its retail funds and communicate it to internal departments, external agencies