he United Kingdom's Liontrust Asset Management
has signed a multi-services outsourcing agreement with Bisys
Liontrust is tapping Bisys for its PEP and ISA products in the U.K.
"After reviewing competitive alternatives, we selected BISYS as the provider most closely aligned with our own philosophies, and most importantly, our high touch service approach. We believe that BISYS' consultative style complemented by a dedicated service team will enable us to generate higher levels of organizational and operational efficiency, enhance the service levels to our clients, and reduce future investment in our non-core infrastructure," explained William Carey, joint chief executive of Liontrust.
Liontrust Asset Management was founded in 1994 and is listed on the London Stock Exchange. It claims $3.5 billion of segregated and pooled pension fund accounts, branded unit trusts, investment trusts, offshore funds, individual savings accounts, personal equity plans, and externally managed funds under management.
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