OneVue Holdings Limited (OneVue) (ASX:OVH) has today announced that it has successfully completed its first fund manager transition under the five year partnership with NAB Asset Servicing.
Twenty five UBS Asset Management Funds have been transitioned onto the OneVue Fund Services managed fund administration platform.
This transition has taken significant effort and required a very close working relationship between OneVue and NAB Asset Servicing.
John Comito, NAB Asset Servicing EGM said: “NAB Asset Servicing is delighted to have our first client on OneVue’s managed fund platform. This provides UBS with access to market leading infrastructure and services. The service is underpinned by NAB’s strong customer relationships and leading custodial experience.”
“OneVue will provide our clients with access to market leading solutions and is a strategic partner in our suite of Asset Servicing products,” said Mr Comito.
Glen Rice, COO, UBS Asset Management added: “UBS Asset Management is very pleased to be the first client to benefit from the partnership between NAS Asset Servicing and OneVue. This partnership will provide us, our investors and our advisors with direct access to key registry data online.”
Connie Mckeage, Managing Director, OneVue, concluded: “There is absolutely no doubt that having NAB as a custody partner has made OneVue a much stronger organisation. We were fortunate that NAB chose UBS to be their first client transition as the experience, breadth and depth of the UBS team made what can be a very challenging time, a very rewarding experience.”
OneVue entered into a five year arrangement with NAB Asset Servicing on 23 November 2016 to provide its automated managed fund administration solution and online portal to NAB Asset Servicing clients with separate, branded portals available for fund managers, their advisors and investors.
OneVue is the largest managed funds administrator in Australia with $513bn in funds under administration across over 43 fund managers and now exceeding 690 funds.
For further information, contact:
+61 403 609 965
Chief Financial Officer and Company Secretary
+61 8823 2550
About OneVue Holdings Limited (ASX: OVH)
OneVue is an ASX listed fintech company that partners to disrupt across the superannuation value chain. The business operates through three core divisions: Fund Services, Platform Services and Trustee Services.
OneVue is number 1 in Fund Services managed fund administration and number 1 in Superannuation Trustee Services. Platform Services was recognised in Investment Trends’ December 2016 Platform Competitive Analysis and Benchmarking Report as ranking 3rd in Online Client Portal technology and received the Platform Excellence Award for “Most New Developments”. In 2017, OneVue was awarded ‘Best Innovator’ in the Self Managed Super Fund Provider Awards.
OneVue Holdings Limited | ABN 15 108 221 870 | Level 5, 10 Spring Street, Sydney NSW 2000
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