Liberum Wealth goes live with Profile’s Axia Custody solution
Liberum Wealth, a subsidiary of London-headquartered investment bank Liberum Capital, has tapped Profile Software for its investment management solution Axia Custody.
Liberum Wealth adopts Profile’s Axia Custody
The Guernsey-based subsidiary services investment funds, professional investors and private clients with custody, asset servicing, payments, treasury and trade execution solutions, and is regulated by the Guernsey Financial Services Commission.
It says it intends to leverage the Axia Custody solution to develop the management of its custody and execution operations and aid its pursuit of delivering more personalised investment services through a single platform.
Stephen Ozanne, the subsidiary’s chief executive, says its selection of Axia Custody was driven by the need for “a high degree of flexibility”, and that the two companies “worked closely” to design and configure “novel functions” to fit the firm’s needs.
Profile CEO Evangelos Angelides anticipates that the solution will “improve Liberum Wealth’s custody operations by offering flexibility, rich functionality, compliance and risk control”.
Cayman Islands-headquartered FundBank, which provides banking solutions for the alternative asset management sector, also tapped Profile for the same solution last month, followed by the Jamaican asset management firm MoneyMasters, which implemented the financial solutions provider’s flagship investment management suite to power its push for digital growth.
