Published by Money Management – 15th Oct 2018
Warakirri Asset Management has appointed Royal Bank of Canada (RBC) Investor and Treasury services as its custodian, administrator and registry agent.
Warakirri’s managing director, Jim McKay, said RBC’s tech platform and strong commitment to the ongoing development of their IT and service platform aligned with Warakirri’s own commitment to investing in their business.
McKay said as well as offering a tailored solution to meet the firm’s AMIT requirements, RBC offered a consolidated package inclusive of wholesale and retail registry services.
RBC’s Australia head, David Travers, said that asset managers wanted more than commoditised custody services, instead opting for a true partner.
“We are looking forward to working with Warakirri to leverage the benefits of our investment in technology with improved efficiencies, enhanced data capabilities, reduced complexity and a seamless user experience,” he said.
