The technology firm behind the Cofunds platform is in talks to run a full platform service for the company, Investment Week's sister title IFAonline understands.
International Financial Data Services (IFDS) already provides administration services to Cofunds, and is currently preparing a fully-integrated platform solution. Cofunds sales and marketing director Alastair Conway confirmed discussions were underway. "We're one of IFDS's largest clients, so it's perfectly normal for us to have discussions about how they can help us continue to improve the service we offer our clients," he said. "They have some interesting developments in the pipeline and we're currently finding out if these could help to support our longer-term business strategy....
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