Ebury Increases Investment in Institutional Solutions Arm to Grow Presence in Alternative Investment Sector

Ebury​, a leading fintech offering international transactions, FX hedging and collection account solutions for businesses, announced recently that it is extending its reach in the alternative investment sector to meet growing demand for better, more focused services as an alternative to traditional banking providers.

According to the official press release, the fintech has recruited new specialists in the alternative banking investment sector, and created its dedicated global reach. Besides, it has developed a new and improved proposition encompassing support for MIFID compliance, FX risk management, cash management and treasury solutions.

Moreover, Ebury has rebranded this dedicated division to Ebury Institutional Solutions, which will support its ambitious growth plans in the market, utilizing its top-rated global transaction payment platform to deliver a proven full-service offering.

"Ebury Institutional Solutions has the underlying technology to drive operational efficiencies within the sector by automating processes and allowing alternative investment managers to focus on their core business. With offices throughout Europe, Ebury can rapidly support any international demands managers may face, such as opening new accounts to support cross-border M&A," said Jack Sirett, Head of Dealing at Ebury.

"The payment infrastructure embedded within our Institutional Solutions division is purpose-built to automate these operations and offers an attractive alternative to traditional providers," Tom Davies, UK Country Manager at Ebury, added.

The relationship with Banco Santander following its strategic investment in late 2019 has allowed the fintech to enhance both its technological capabilities and global reach, Ebury noted.

Late last year, Fazzaco reported that Ebury has partnered with Santander Germany​​ to offer businesses in the country a complete international finance solution to simplify international trade.