Liberum Wealth implements Profile’s Axia Custody solution

By Gloria Methri

Profile Software has implemented its Axia Custody solution at Liberum Wealth, to advance and facilitate the management of its custody operations. The solution enables the financial institution to use advanced technology capabilities and contributes to offering more tailor-made investment services.

Liberum Wealth is a subsidiary of Liberum Capital, an independent investment bank headquartered in London. It serves as a specialist provider of global custody, asset servicing, payments, treasury, and trade execution services for investment funds, professionals, and private clients.

Axia Custody allows Liberum Wealth to enhance its offering via a one-stop-shop solution that not only caters to custody and execution but also provides a flexible technology platform and front-end tools to expand their services as well as enable bespoke arrangements to meet client’s needs.

Liberum Wealth benefits from complete control of custody operations in a single investment platform. The latest technology standards of the solution allow it to perform both internal and client-oriented operations at a minimum operational risk and cost.

Stephen Ozanne, Chief Executive at Liberum Wealth said, “We chose Profile and their Axia platform due to the flexibility of the software and Profile’s can-do attitude to work with us to develop novel functions. Our teams have worked closely with Profile’s experienced staff to design and configure a solution that meets our requirements. It is very much a collaborative relationship, which we believe will help us gain an advantage in the market.”

Evangelos Angelides, Chief Executive Officer at Profile said, “We are delighted to collaborate with Liberum Wealth, a financial institution that provides global custody and execution services. We are convinced that our investment custody solution, which applies international best business practices and has already gone live, shall improve Liberum Wealth’s custody operations by offering flexibility, rich functionality, compliance, and risk control and assist them to gain and sustain an edge in the long run.”