Heartwood, a wealth management services company, has mandated Cofunds as custodian for 130 million of its funds.
Cofunds will also provide a fully integrated automation solution for funds servicing, both in the U.K. and for Hearthwoods global sterling funds, as well as specialist fund dealing, settlement, asset servicing and trail management.
We believe that the partnership with Cofunds will enable us to enhance and simplify our operating model delivering trade automation and reducing risk, improving our service to our clients, says Peter McCree, head of Operations and IT at Heartwood.
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