Cofunds set to ink execution-only deal with bank

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Cofunds is about to sign an execution-only deal with a bank as the platform looks to gain further traction in the investor space.

The imminent tie-up, which will enable the bank to provide an execution-only platform service to its customers, marks the first deal of its kind for Cofunds in a move it hailed as a "substantial step forward". Cofunds sales and marketing director Alastair Conway (pictured) said: "We are very excited by this deal - this will be a substantial step forward in terms of working with banks and establishing a dialogue with them." The deal will see the bank, which Conway described as a "large player in the investor space", offer a Cofunds-powered execution only platform to customers under its...

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