Link Fund Solutions picks EFA for middle-office services
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Link Fund Solutions picks EFA for middle-office services 20 October 2022Luxembourg Reporter: Jenna Lomax
Image: EFA
Link Fund Solutions Luxembourg S.A.(Link Fund) has chosen EFA to provide its middle-office services.
As part of the mandate, EFA will provide Link Fund with trade management services for transferable securities and for financial derivative instruments.
EFA middle-office services are specifically designed for asset managers seeking to implement robust post-trade execution processes.
The new mandate further strengthens EFA and Link Fund’s existing partnership and reflects the movement within the industry for management companies and their portfolio managers to focus on core activities and outsource others.
EFA’s middle-office services can also be combined with back-office services.
Paulo Fernandes, chief commercial officer at EFA, says: “At EFA, our mission is to build solutions that enable our clients to focus on their core business, while we take care of everything else up to the perimeter of the client's investment process. Developing a dedicated operating model with our strong partner Link Fund Solutions has been a pleasure and a success and we thank them for their continued trust.”
Richard Maisse, conducting officer in charge of investment management at Link Fund, comments: “We have chosen to outsource our middle-office activities to our long-lasting partner EFA as they offer us a set of customised and efficient technology tools and post-trade execution services that allow companies to decrease operational risks.”
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