Fund Channel, the B2B fund distribution platform jointly owned by Amundi and CACEIS, and ING Germany announced a partnership to fully standardise the trailer fees processes of the bank.
ING Germany started a selection process in July 2023 with the following objectives:
- Align processes & implement synergies;
- Focus on more client added value;
- Harmonise the management of its distribution agreements and trailer fees collections;
- Reduce operational complexity.
Thanks to this partnership, ING Germany will benefit from Fund Channel’s ecosystem of fund distribution services with one single entry point that helps streamline operations and provide more secured processes. The automated and digitalised platform allows to upscale reporting efficiency as well as deal with regulatory oversight.
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