Brewin Dolphin commits £35m to overhaul settlements technology

'Enrich client proposition'

Natalie Kenway
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Brewin Dolphin to replace settlements software
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Brewin Dolphin to replace settlements software

Brewin Dolphin has earmarked £35m to invest in an infrastructure system that will replace its core custody and settlements system, after signing an agreement with software provider Avaloq UK.

The wealth manager, which manages around £34.9bn in assets, said in its results in November 2018 it was planning to upgrade the system, which the group said will "significantly enhance" its technology...

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