Towers Perrin Tillinghast (Tillinghast) and Financial Risk Solutions (FRS) have entered into an exclusive agreement to distribute Invest|ProT in the UK.
FRS’s Invest|ProT is an investment administration system that enables financial institutions to manage collective unitized funds, personalized portfolio bonds and self-invested pensions.
Italy, Germany, France, Holland, Belgium, Spain, Sweden, Denmark and Finland are also covered by the agreement.
“Tillinghast has a strong history of providing practical solutions to financial services companies and we see Invest|ProT as being a key component of our offering in the fund management arena,” said Andy Aldridge, Tillinghast’s managing principal in the UK. “FRS has already built a strong reputation with Invest|ProT. It is Ireland’s most widely used fund administration system, both with domestic life companies and importantly with international life companies based in Dublin’s International Financial Services Centre. Dublin is one of the world’s leading fund administration centers and together with FRS we aim to promote the use of Invest|ProT in the UK and continental Europe.”