Royal London Asset Management joins the EMX Message System
May 2007
Royal London Asset Management (RLAM) is the latest fund provider to join the EMX Message System.
RLAM currently has over £31 billion in assets under management and is committed to continually improving their service to their clients.
Stan Bland, Head of Sales at RLAM said:
'Joining the EMX Message System is an important step in our growth and development. This level of automation allows us to improve our efficiency whilst at the same time maintaining a high level of service to our clients'
Max Wright, CEO of EMXCo said:
'We are delighted to be able to welcome Royal London Asset Management, yet another significant industry participant, to the EMX Message System and we know our mutual distributor clients will be just as pleased'
The EMX Message System is widely recognised as the standard for straight through processing and now has over 3,000 funds available on the system. In April 2007 the EMX Message System routed over 1.5 million messages and over €5 billion of orders.
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For further information please contact:
EMX Company Limited
Hannah Woulfe
Marketing Manager
Tel: +44 (0)1279 858 329
Editors Notes:
About EMXCo
EMXCo is a technology company that provides an electronic messaging solution for automating the purchase, sale, valuation, reconciliation settlement and reregistration of unitized funds.
The EMX Message System, Europe's leading funds messaging platform was launched in June 2000 and routed over 13.3 million messages in 2006.
In January 2007, EMXCo became part of the Euroclear group.
Benefits of trading via the EMX Message System include; a cheaper, faster and safer alternative to paper-based, phone or fax processing, an electronic audit trail and reduced errors thus increasing efficiency. Straight through processing is delivered by one set of data, entered once, in one format through one connection.
Use of the EMX Message System for purchase, sale, valuation, reconciliation and settlement messages is free to distributors.
To find out more visit www.emxco.com