New Strategic Partnership Announcement
06 September 2021
Multrees Investor Services (Multrees) a leader in investment administration, technology, and custody, today announces that Omba Advisory & Investments Ltd has selected Multrees to provide custody and white labelled platform/client reporting solutions to its Family Office, Ultra High Net Worth and retail clients.
Omba, a London based wealth and asset manager provide investment management solutions through a range of global actively managed multi-asset and equity ETF portfolios and UCITS funds. Founded in 2017 Omba are ETF specialists utilising the benefits of cost, liquidity, and global exposure they offer for clients but with an active investment management process to actively select ETFs for expressing investment views on country, sector or theme allocation.
The partnership with Multrees will enable Omba to provide both UK onshore and offshore custody solutions to its clients.
David Pierson, Omba Chief Operating Officer said: “Following a detailed RFP process of the platform market Omba selected Multrees due to their suitability of booking locations, their partnership with world class sub custodian networks and a modern technology platform solution. The open architecture of their platform will allow us to achieve operational efficiencies through straight through trade processing and centralise custody to continue to achieve cost savings for our current and future clients”
Clive Stelfox Multrees Executive Director said: “We are delighted to have been selected as strategic partners for Omba. As ETF specialists managing money for family offices and high net worth clients, Omba have grown significantly as the demand for cost effective ETF investment solutions continues to expand in the UK and across Europe. Following a rigorous selection process we are proud to have been selected for our award winning, flexible and technology enabled solution, further cementing our position as a key player in the global custody market.”
Multrees have recently announced two new additions to the Board of Directors as well as their strategy to double the client base over the next five years