Five years of service excellence and technology innovation
16 February 2016
Multrees Investor Services (‘Multrees’), a leading independent custody and consolidated reporting specialist for wealth managers and family offices, is celebrating its five year anniversary this month.
Since 2011, Multrees has built a strong reputation in the wealth management industry, providing a dedicated, independent service to some of the best known businesses for managing investment assets for ultra-high net worth and family office clients. Multrees is increasingly being seen as a strategic partner of choice as technology becomes ever more important in gaining competitive advantage and effectively addressing risk and security challenges.
Highlights of the Multrees journey over the last five years include:
· Growth in assets under administration from £50M in February 2011 to over £8bn in January 2016.
· One of the first UK investment platform businesses to offer a full multi-currency, multi-asset class on and offshore portfolio administration and custody service.
· Launch of Multrees Compass in 2014; among the first to market with leading web portal technology.
· Appointment of a high quality management team and deeply experienced non-executive Board, including Sir Roger Gifford, former Lord Mayor of London and Hugh Mullan, former CEO of Fidelity UK.
Multiple forces, such as tighter regulation, cyber security, fast-paced customer demands and disruptive technologies have created a new playing field for wealth managers, leaving them little choice but to invest strategically. With its advanced technology platform and highly experienced workforce, Multrees configures an integrated service model to support each unique client business model.
Chris Fisher, CEO of Multrees, commented on reaching this five year milestone:
"Multrees has successfully evolved a service model, based upon a leading fintech platform, enabling the provision of innovative solutions to our clients. We also help protect them against the growing concerns of how they should safely and effectively scale their businesses. The team have worked extremely hard over the last five years to reach this point, and are eager to continue revolutionising the way our customers approach partnering with us.
"With technology in the industry coming under increased scrutiny, it is crucial wealth managers identify a provider who understands the unique issues they face to ensure they maximise any opportunities presented while continuing to be protected against any risks that may occur.
Looking to the future, Chris Fisher said: “We will keep investing time and energy in our employees, helping them reach their potential through exposure to a range of innovative technologies and first-class training methods. We are equally committed to investing in and delivering cutting-edge technology, now and in the future. Retaining our clients’ trust will depend on our continued ability to innovate and provide a premium service which adds value to their business."