Euroclear, a post-trade services provider, has joined forces with Aegon UK, a retirement and investment provider, to offer an end-to-end funds distribution solution for its adviser platform, through Euroclear FundsPlace.
The strategic agreement will boost the development of Aegon’s fund offering and simplify the investment selection process for UK advisers and their clients, in addition to improving accessibility.
Euroclear’s FundPlace links over 3,000 fund distributors and 2,500 asset managers globally, providing access to over 250,000 funds, including mutual funds, alternative funds, and ETFs, through a single entry point.
Through the partnership, Aegon UK will have access to an integrated range of services allowing simplified connection to mutual funds through an unified platform that encompasses distribution, order routing, settlement, asset servicing, and data services.
Sebastien Danloy, chief business officer at Euroclear, comments: “We are delighted to partner with Aegon UK, one of the largest adviser platforms in the United Kingdom.
“This collaboration reflects our shared commitment to operational excellence, innovation and open market access. Euroclear FundsPlace offers a unique and complete solution for the UK funds market, enabling efficient access for advisers to a broad range of funds.”
Ronnie Taylor, chief distribution officer at Aegon UK, adds: “As we continue to transform and automate our business, working with Euroclear is the next — and exciting — step in supporting advisers in making key investment choices for their clients, building on digitalisation and simplification of key journeys on our adviser platforms.”
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