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Liberum Wealth implements Axia Custody Solution

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Axia Custody

Axia Custody supports post-trade processing for Global Custodian, Sub-Custodian, Agents and Mutual Fund Custodian delivering fully (STP) automated, 4-way matching and settlements ensuring improved communication among Market, Local Brokers, International Brokers, International Broker Agents, Sub-Custodians, and Clients. It is worth noting that the system has a 2-Way SWIFT (SMPG standards)...

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by Profile Software
| 07/11/2023 12:00:00

The subsidiary of Liberum Capital implements Axia, the leading investment management solution of Profile Software, to advance and facilitate their custody operations.

Profile, a leading financial solutions provider, has announced today the implementation of the Axia Custody solution at Liberum Wealth, to advance and facilitate the management of their custody operations. The solution enables the financial institution to use advanced technology capabilities and significantly contributes to offering more tailor-made investment services.

Liberum Wealth is a subsidiary of Liberum Capital, a leading independent investment bank headquartered in London. Liberum Wealth serves as a specialist provider of global custody, asset servicing, payments, treasury and trade execution services for investment funds, professionals and private clients, by providing fast, efficient and secure services across international markets. It is a London Stock Exchange member firm, regulated by the Guernsey Financial Services Commission.

Axia Custody allows Liberum Wealth to enhance its offering via a one-stop-shop solution that not only caters for custody and execution, but also provides a highly flexible technology platform and front-end tools to expand their services as well as enable bespoke arrangements to meet client’s needs.

Liberum Wealth benefits from complete control of custody operations in a single investment platform. The latest technology standards of the solution allow it to perform both internal and client-oriented operations at a minimum operational risk and cost.

Mr. Stephen Ozanne, Chief Executive at Liberum Wealth, said: “When selecting a provider for our core custody platform, we wanted a partner who shared our values of providing clients with the highest levels of service, and who had the capability to offer a complete solution with a high degree of flexibility. After an extensive review of competing systems, we chose Profile and their Axia platform due to the flexibility of the software and Profile’s can-do attitude to work with us to develop novel functions. Our teams have worked closely with Profile’s experienced staff to design and configure a solution that meets our requirements. It is very much a collaborative relationship, which we believe will help us gain an advantage in the market.”

Mr. Evangelos Angelides, Chief Executive Officer at Profile, says: “We are delighted to collaborate with Liberum Wealth, a financial institution that provides global custody and execution services. We are convinced that our investment custody solution, which applies international best business practices and has already gone live, shall improve Liberum Wealth’s custody operations by offering flexibility, rich functionality, compliance and risk control and assist them to gain and sustain an edge in the long-run.”

Axia Suite is becoming the preferred choice for financial institutions across the globe. The platform’s tailored solutions, continuous evolution and rich functionality offer a unique experience, delivering unrivalled client value.

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