Inversis and 360 Fund Insight sign strategic agreement
London, UK / Madrid, Spain, 5 November, 2019. Inversis, a leading Spanish company in the provision of comprehensive investment services and financial services outsourcing aimed at other financial entities, today announced the signing of an exclusive agreement with 360 Fund Insight Ltd. The collaboration between both entities will allow a first phase of solutions for better execution and selection of funds totally aligned with the MiFID II regulation and the guidelines of the European regulators.
With this strategic alliance, Inversis becomes the first fund distribution platform in Spain that will allow for a comprehensive service of better execution in line with the CNMV guidelines. This will improve the supply of funds and share classes that distributors and intermediaries can make available for their clients. In the second phase, the solutions offered by Inversis and 360 Fund Insight will be extended to include other value-added features that aids compliance with regulations and allows asset managers to increase the efficiency of their investment fund distribution business.
Within this agreement, and in line with its policy of transparency and constant improvement, Inversis will have greater investment fund information coverage with the aim of continuing to offer the best service to its institutional clients.
Javier Povedano, CEO of Inversis, stressed that “this agreement reinforces our leadership position as the only global platform that includes Spanish and international investment funds, ETFs and Spanish pension plans. All this with a clear and determined commitment to transparency and innovation. We are aware that the industry is changing and that, in this new ecosystem, we want our clients to have a comprehensive offer, integrating our value-added services with those developed by other companies such as fintechs”.
In the words of Enrique Pardo, CEO of 360 Fund Insight, “the investment fund industry is experiencing seismic changes, both in its management and distribution models. Regulatory changes have come at a time when technology is driving the transformation of this sector at a faster pace.
We are delighted to partner with Inversis, who for us combines two key aspects for success as a fund distribution platform. On the one hand, it has a leadership position in the provision of B2B technology for its clients andr on the other hand, it has made a commitment to improve the transparency of costs in its distribution agreements with the managers available on its platform.”
Also, Pardo added that "We look forward to working side by side with Inversis in leveraging the capabilities of both companies to support the growth in markets they are currently operating in and expanding into new markets. Together we will help clients incorporate best practice in fund selection, reduce intermediation costs, comply with new regulatory requirements and improve investor outcomes.”
Inversis is the reference company in Spain in offering global technological investment and financial services outsourcing solutions to financial institutions, insurance companies and new actors that seek to enter the business of distributing investment products.
Since its creation, Inversis constantly invests in technology and innovation to adapt quickly to the needs of the institutional business. Thanks to its technology, Inversis´s institutional clients are in a better position to outsource activities and processes that are not part of their core business, thus increasing their efficiency.
Inversis, in addition to being an investment product platform, provides intermediation, settlement and custody services and state-of-the-art technology outsourcing solutions; treasury services and capital markets; deposit services; 360º analysis and research services; and online brokerage and brokerage services.
Att. / Atenea Egido / Gonzalo Torres
Telf. +34 91 702 71 70 / +34 610 275 845
About 360 Fund Insight Limited
360 Fund Insight Limited is a company authorised and regulated by the Financial Conduct Authority (FCA), which provides a truly independent fund analysis service, with cost transparency and incorporating a cost-benefit analysis that is aligned with the interests of both the distributor and the final investor. They offer governance solutions, fund selection and implementation i of solutions to a variety of institutional investors within the scope of the European Union. For more information, visit our web site
Bernardo Rivero de Aguilar
Business Development Director
(+34) 696 924 877
(+34) 91 5797084
Calle Poeta Juan Maragall, 47
28008 Madrid, Spain
(+44) (0) 20 7998 0500
29 Gloucester Place, Marylebone
London W1U 8HX, UK