KAS BANK appointed by Haywood Securities 26 May 2011London Reporter: Ben Wilkie
Image: Shutterstock
KAS BANK has been appointed by Haywood Securities (UK) Limited to provide clearing, settlement and back-office processing services across multiple markets and asset classes.
In 2005 Haywood Securities Inc, a private 100 percent employee-owned North American based investment dealer established its presence in London with the creation of a wholly-owned subsidiary, Haywood Securities (UK) Ltd. Haywood UK is registered with the Financial Services Authority (FSA) and is a member of the London Stock Exchange. The firm is focused on the institutional marketplace and has the capability to service customers internationally. Haywood’s collective passion for the natural resource sectors, particularly mining and energy, is unmatched amongst its peers. Its commitment to quality and performance and expectation of the same is paramount.
This appointment is in line with KAS BANK’s strategy of focusing on meeting client needs across the post-trade value chain, through a comprehensive range of securities services and the provision of key management information.
Robert Blanchard, president, stated, “We are very pleased to have embarked upon this strategic partnership with KAS BANK, a well-recognised and long-established European bank. Knowing that our clearing and custodial needs will be well looked after allows us to focus confidently on our clients and building our business.”
Laurens Vis, managing director, KAS BANK UK, “We are naturally very happy to have been selected to support Haywood Securities (UK) in the post-trade arena. We have no doubt that this relationship between two dedicated, specialist firms will become a long-term partnership based on a mutual ethos and shared goals.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: Shutterstock 