Entrust takes portfolio administration in-house
Entrust Private Wealth has decided to take portfolio administration inhouse and implemented IRESS as its private wealth technology platform.
Entrust is a private wealth management company established by Graeme Yukich in 2002.
The firm has decided to take the team inhouse after a number of years of having outsourced portfolio administration.
"IRESS worked closely with Entrust to deliver a solution that would complement Entrust's existing administration capability," said Sam Marshall, manager of wholesale portfolio products at IRESS.
IRESS will provide the firm with a number of features, including automated investment management and portfolio reporting.
Yukich said Entrust conducted an extensive analysis of five providers and the decision to implement IRESS was based on the flexibility of technology.
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