The global custodian has preached its gospel of the open-architecture end-to-end platform for some time now – rather than the path of a proprietary fit-all. Britain’s Liontrust Asset Management is now announced as the first successfully on-boarded client on the actual new platform.
As we have observed, global custodians have chosen different strategies to integrate the systems supporting different stages of the trade life-cycle.
If BNY Mellon’s press release about the Liontrust on-boarding is to trust, “the new Investment Operations platform provides best-in-class, modular data capabilities to give clients greater operational transparency and flexible integration to outsource services and operations”.
Liontrust Asset Management is a specialist fund management group listed on the London Stock Exchange. As of 31 December it helt assets under management worth 19 billion pounds.