Equiniti Launches Pooled Back-Office Services Platform

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UK-based Equiniti is set to launch platform pooling back-office services for wealth managers.

Equiniti, a UK share registrar and outsourcing provider, is set to launch Equiniti Wealth Solution, a platform that pools custody and back-office services for wealth managers and brokers.

Equiniti Wealth Solution will help firms cope with the burden of new regulations by reducing the cost of business processes and centralizing back-office functions.

"The wealth and broking space is facing unprecedented pressures that current back-office solutions are simply not addressing," says Mark Taylor, managing director at Equiniti Investment Services. "Equiniti Wealth Solution provides an opportunity to outsource a number of non-core functions and allows brokers to focus on managing clients' assets, which is where their value lies."

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