Services towards independent asset managers are stable pillar with annual growth of € 1 billion in assets under administration
Amsterdam, 24 May 2018 - BinckBank Professional Services has crossed the threshold of € 10 billion of assets under administration for the Netherlands and Belgium together.
"At BinckBank we are proud of achieving this threshold by our Professional Services department. Our service to independent asset managers is a stable and strategically important pillar, which in the background, ensures an annual growth rate of approximately € 1 billion in administered assets. That is why we cherish our relationships with our independent asset managers in this B2B2C segment. In the coming quarters, we will be working on the migration of this service to our European ICT platform. Doing so we can further offer and develop high-quality services for this specific target group in the future," says Vincent Germyns, CEO of BinckBank.
BinckBank Professional Services offers advanced solutions to outsource the processing of securities and transactions as well as the entire securities administration for approximately 175 independent asset managers. The white label service is tailored to the specific requirements of this target group and can be tailor-made to individual needs.
BinckBank offers its services to professionals both in the Netherlands and in Belgium. The same platform is used in both countries. BinckBank expects to expand this service to other countries in the future.
