Progeny’s news

Progeny Asset Management Partners with Leading Industry Custodian

By 21st November 2016

Progeny Asset Management, part of The Progeny Group, today announces its partnership with leading custodian Winterflood Business Services (WBS).

News of this partnership has been published in FT Adviser, 21st November 2016, and can be found here.

WBS will assist Progeny Asset Management with a fully integrated wealth management solution across its discretionary investment management bespoke and model portfolios offering.

The business will also support Progeny Asset Management with the provision of bespoke and flexible dealing, custody and settlement services, enabling Progeny Asset Management to better meet the challenges of a rapidly changing regulatory and technical environment.

Progeny Asset Management has also partnered with IRESS, the leading supplier of technology for wealth management, financial markets and the mortgage industry. IRESS provides the investment management team with market data terminals and a scalable Private Wealth platform, which includes an integrated digital client solution providing Progeny Asset Management’s clients with online access to their investments.

Ian Hooper, Director of Progeny Asset Management, commented: “We are delighted to be working collaboratively with WBS and IRESS. Working with two leading providers in the industry enables Progeny Asset Management to deliver a complete and robust service to our clients.

“Our aim is to utilise best of breed technology to support the individual wealth management needs of each of our clients. WBS’ utilisation and provision of market leading services for the business have played a crucial role in the early development of Progeny Asset Management. Moreover, the experience of the WBS team has instilled confidence in us that they will continue to respond to our changing needs by delivering, flexible, controlled and robust solutions as we continue to grow, supporting our broader business strategy.”

Alex Kerry, Head of Winterflood Business Services, added: “By adopting this best-in-breed approach Progeny is at the forefront of platform innovation. With this collaboration, together we are effectively bringing institutional-level technology to the retail audience and will enable Progeny to offer greater choice across multiple asset classes, as well as drive greater efficiencies and deliver cost-effective solutions to its spectrum of clients.”

Progeny Asset Management, part of the Progeny Group, offers a tailored investment solution, working with clients to navigate the financial markets, with the aim of growing and preserving future wealth. The Progeny Group has its head office located in Leeds, with offices in Central London.

Ian Hooper

Chief Investment Officer

Ian joined Progeny Asset Management as a founding director in 2016 and provides strategic oversight to the business.

Learn more about Ian Hooper

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