EMX platform deals direct with IFDS clients

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Intermediaries using trading platform Emx will be able to deal electronically with those IFDS fund g...

Intermediaries using trading platform Emx will be able to deal electronically with those IFDS fund group clients signed up to the messaging system by early 2004. This includes names such as Jupiter, Threadneedle, Skandia and M&G. IFDS will begin connecting its clients' back offices into the administrator's Emx hub from December this year, enabling straight-through processing on all transaction and valuation business with fund groups using the administrator.

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