Platform Securities agrees servicing arrangement with Julius Baer International Limited for ISAs 

Platform Securities has today announced it has been appointed by Julius Baer International Limited – the UK entity of the leading Swiss private banking group – to provide its clients with services to support ISAs for Julius Baer’s growing private client business in the UK.  

Under the terms of the agreement, Platform Securities will provide trading, settlement and custody services to support the Individual Savings Account (ISA) solution for Julius Baer UK clients.

Jason Robinson, CEO of Platform Securities, commented: “We are very proud and excited to be working with Julius Baer International Limited. Throughout this process, I have been impressed by the professionalism of their team, and the thoroughness of their due diligence programme.  The fact that they have chosen Platform Securities is a stamp of approval in the robustness and security of our systems”.

Julius Baer’s UK ISA clients have been successfully migrated on to the Platform Securities system in July, and transactions on behalf of clients are being executed in the market.

Julius Baer has offices in more than 25 countries, and is servicing and advising sophisticated private clients around the globe. As at the end of April 2014, they had CHF264 billion in assets under management and employed over 5,000 people globally.

Platform Securities are a provider of value-added clearing and settlement services to meet the needs of discretionary and advisory wealth managers, as well as retail and institutional brokers.  They are a subsidiary of Fidelity National Information Services (FIS), the world’s largest provider of software and services to the financial services industry.  Platform Securities has also recently won the 2014 Systems in the City Award for Best Outsourcing Service.

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