Abbey chooses Co-Stars for retail fund management

Abbey National Financial Investment Services operation (Anfis) has implemented Co-Stars retail fund management software from UK-based Cor Systems.

  0 Be the first to comment

Abbey chooses Co-Stars for retail fund management

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

Co-stars has been implemented with the objective of increasing operational functionality across the Anfis range of retail investments such as unit trust, Oeics and equities, while reducing administration overheads.

The initial phase of the project took three months to complete and provides end-to-end electronic processing for equity-based Employee Share Save Schemes within Anfis. Subsequent phases, due for completion in 2001, will integrate Co-Stars' complete suite of asset, product, charge management facilities and underlying business rules across Anfis' future business areas. Existing business residing within legacy applications will also be converted as part of the project.

Steve Osborne, executive chairman, COR Systems says: "Through Co-Stars, Anfis now has the capability to support their full range of retail investment products on one system."

Sponsored [On-Demand Webinar] Money Mule Defence: Practical Applications and the Role of Technology

Comments: (0)

[On-Demand Webinar] Trusted Transactions: The Future of Risk-Based AuthenticationFinextra Promoted[On-Demand Webinar] Trusted Transactions: The Future of Risk-Based Authentication