Selestia has improved its communication abilities and fund dealing capacity by being the latest addition to the EMX Message System, a funds messaging platform.
The system, launched in June 2000, helps to automate the purchase, sale, valuation and settlement of unitised funds, and it will be available across Selestia’s range of investments including: Collective investment account, ISAs, Pep and Isa transfers, Onshore bonds Offshore bonds, and Its collective retirement account EMX says the system, which processes around one million messages a month, provides a cheaper, faster and safer alternative to paper-based, phone or fax processing, by offering straight through processing delivered by one set of data. As a result, it sa...
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