Metropolitan West goes live on Evare custodian management

NEWS ANALYSIS: NEW CONTRACT | ADVISER REPORTS A 35% IMPROVEMENT IN RECONCILIATION TIMES

NEWPORT BEACH, CA – Metropolitan West Capital Management, an investment adviser active primarily in equities, has implemented Evare’s connectivity managed service platform to automate communications with its custodians.

The Evare system has enabled Metropolitan West to set up electronic connections with each of its custodians in order to collect data, normalise it into a single format, and then upload the data into the manager’s accounting system without necessitating major changes to any int

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