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M&S Money renews Co-Stars licence

03 February 2004  |  2326 views  |  0

COR-IS (COR Investment Solutions), a division of COR Financial Solutions, a leading global software provider of business and risk management solutions to support banking, securities and asset management announced today that Marks and Spencer Money has renewed its contract with COR-IS and its commitment to the CO-STARS platform.

CO-STARS and the team at COR-IS has successfully supported Marks and Spencer Money over the last 3 years. Marks and Spencer Money administer a diverse range of retail investment assets on CO-STARS including Unit Trusts, cash and equity holdings either directly or through various products including PEPs and ISAs.

In a further endorsement of their confidence in CO-STARS, M&S Money have committed to further projects using the CO-STARS platform, in the forthcoming year.

Chris Kaye, Chief Operating Officer of COR-IS, says: "Marks and Spencer Money were our first client to go live on CO-STARS when ISAs were first launched, since then we have built upon a firm relationship. We look forward to providing the highest level of service and support to a valued partner in the forthcoming year."

Paul Shingler, Head of Savings and Investments, Marks and Spencer Money said: "We view our relationship with COR as a strategic partnership. They understand our business needs, and we work very well together to meet the challenging deadlines which are presented to us in this ever demanding marketplace."

Chris Kaye, continues: "We are confident that CO-STARS offers the most efficient wealth management solution in the marketplace, supporting multiple delivery channels including direct, IFAs and Fund Supermarkets. We are also well placed to meet the challenges of the emerging wrap market."

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