Rathbone Unit Trust Management Limited (Rathbones) has joined the EMX Message System.
“Some major Intermediary players, for whom the EMX Message System is now the preferred method of transacting business, have been strong advocates of Rathbone Unit Trust Management coming onboard,” says Max Wright, Chief Executive Officer at EMXCo. “They want access to Rathbone Unit Trust Management’s award winning retail fund range in the most efficient way possible and to eradicate the need for dual processes. Needless to say, we are delighted to welcome them as users of the system.”
Rathbones will access the order routing service through Capita Financial, their third party administrator. Capita is able to electronically batch process trades and valuations of holdings. Rathbones expect to increase distribution via EMXCo’s 130-strong Intermediary client portfolio.
“This is a great step forward for us in terms of enhancing the service that we provide through our various channels of distribution,” says Peter Pearson Lund, Chief Executive Officer at Rathbone Unit Trust Management. “We have a quality, well-performing range of retail funds, our task is to continue to look for new, better and more efficient ways of delivering them to the customer.”