OneVue wins registry mandate
OneVue Fund Services has picked up a key mandate in the registry services space.
The company announced this week it had entered into a five year agreement with BNP Paribas Securities Services in Australia to provide unit registry services.
The announcement, released to the Australian Securities Exchange (ASX) said the transition of unit registry services to OneVue would be managed in a number of tranches over 18 months.
Commenting on the mandate, OneVue chief executive, Connie Mckeage, said the arrangement would have a material impact on OneVue's Group revenues.
She said that since listing in June 2014, OneVue has been steadily expanding its capabilities in unit registry which had led to the business growing in a controlled and planned manner for both new fund manager and custodian clients.
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