Regulatory Filings • Oct 2, 2023
Regulatory Filings
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Norwegian asset manager selects Huddlestock Investor Services
2.10.2023 09:45:00 CEST | Huddlestock Fintech AS | Non-regulatory press releases
Norwegian asset manager selects Huddlestock Investor Services for nominee depot,
management of shareholder registers as well as customer- and tax reporting
Huddlestock Fintech AS (OSE: HUDL), today announced that a Norwegian asset
manager, who wants to remain anonymous, has selected Huddlestock Investor
Services for storage of financial instruments in a nominee depot, order
management, management of shareholder registers as well as customer- and tax
reporting.
"We are delighted that this Norwegian Asset manager has chosen to work with us.
The customer is a modern and forward-thinking player and an ideal customer for
our Investment-as-a-Service offering. The agreement shows the value of our
product and services in a constantly changing Wealth and Asset Management
market, driven by new technological opportunities", says John E. Skajem, CEO
Huddlestock Fintech AS.
The deal is strategically important for Huddlestock since it confirms the
market's interest for our Investment-as-a-Service concept. Expected revenues for
Huddlestock will be a combination of licence fees and bps on Assets under
Management (AuM). Implementation will start immediately.
This information is subject to the disclosure requirements according to Section
5-12 of the Norwegian Securities Trading Act.
To see all press and investor releases please have a look in the investor
relations section of our corporate website
www.huddlestock.com/investor-relations -
http://www.huddlestock.com/investor-relations
For further information, please contact:
John E. Skajem, CEO, +47 418 87 412, [email protected]
Leif Arnold Thomas, Chief Corporate Development, +47 982 15 520,
DISCLOSURE REGULATION
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
CONTACTS
* John E. Skajem, Chief Executive Officer, Huddlestock Fintech, +47 418 87 412,
* Leif Arnold Thomas, Chief Corporate Development, Huddlestock Fintech -
Corporate Development, +47 982 15 520, [email protected]
ABOUT HUDDLESTOCK FINTECH AS
Huddlestock Fintech is an innovative technology software provider with a leading
expert professional services business. We deliver innovative and sustainable
technology solutions to the capital markets, treasury and wealth management
industries.
Through its technology offering, Huddlestock offers an innovative, compliant,
and data-centric WealthTech SaaS, accelerating the digital transformation, and
trends of hyper-personalization and on-demand banking within the wealth
management industry. Huddlestock's SaaS empowers the embedding of low-cost,
efficient white-label trading and investment services, underpinning
Huddlestock's mission of delivering financial inclusion by democratizing access
to capital markets.
Through its world-class expert professional services business, Huddlestock
delivers strategic technology solutions and process automation for the financial
services industry. This range of services has propelled Huddlestock into
becoming the preferred supplier of financial consultancy services and technology
solutions in the Nordic region. Huddlestock Fintech AS was listed on Euronext
Growth Market 26th November 2020, as Norway's first fintech company to be
publicly traded.
For more information, please visit www.huddlestock.com -
http://www.huddlestock.com/
ATTACHMENTS
Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17848032/2654/3696/Download%20announcement
%20as%20PDF.pdf
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