Shard Capital picks SIX for custody services 09 June 2022Switzerland Reporter: Jenna Lomax
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Shard Capital Partners has selected SIX to provide its international custody services.
The mandate will assist Shard Capital to further its wealth management aspirations by providing clients with security for their assets.
It will also give Shard Capital access to global, multi-jurisdictional support to continue its strategic global expansion.
The partnership will complement Shard Capital’s current custody arrangements.
Javier Hernani, head of securities services at SIX, comments: “We are delighted to partner with Shard Capital and are looking forward to a close and strong collaboration.
“With the recently established teams, one in Singapore and one in the US, SIX is now able to provide even more direct market access internationally, enabling us to offer relevant market know-how to Swiss and international customers. We are growing for our clients and at the same time supporting them in their growth and expansion ambitions.”
Toby Raincock, CEO of Shard Capital, says: “This is another important step in Shard Capital’s growth story, enabling us to bolster our custody capabilities and maintain our focus on providing quality, value propositions to our clients.”
He adds: “Asset custody is of huge importance to our business and by partnering with a global operator such as SIX, we can better service our clients’ needs. We are now extremely well-placed to continue to progress our wealth management division thanks to our breadth of investment management expertise, sophisticated platform technology and range of high-class sub-custodians.”
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