Cofunds set to ink execution-only deal with bank

clock

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...

To continue reading this article...

Join Professional Adviser

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Wrap/platforms

Advisory platform evolution: Going in-house for greater control

Advisory platform evolution: Going in-house for greater control

The promise of tech has not been fulfilled in retail investment

Tim Sargisson
clock 25 January 2023 • 3 min read
Platforms eye pension opportunities once dashboard goes live

Platforms eye pension opportunities once dashboard goes live

Call to starting to thinking 'beyond implementation’

Jenna Brown
clock 24 January 2023 • 2 min read
AJ Bell platform AUA down 3% amid 'challenging backdrop'

AJ Bell platform AUA down 3% amid 'challenging backdrop'

Trading update for three months ended 31 December 2022

Jenna Brown
clock 19 January 2023 • 1 min read