Blockchain

The way to lead change

A dedicated software company focused on developing solutions for the entire fund industry. By leveraging the power of blockchain technology, we can provide you with a secure and reliable platform offering improved performance, scalability, and cost savings, while also providing enhanced security for your operations.

Why Allfunds Blockchain?

A live blockchain environment

Allfunds Business Smart Contracts solution: a blockchain technology for fund distribution operations that serves as a roadmap strategy for the optimal implementation and use of blockchain in the value chain.

A business platform ready to deliver savings

An opportunity to deliver savings in a blockchain ecosystem and to understand the best adaptation strategy in a constantly changing environment

A way to be part of a new value chain

It’s crucial to understand how the technology and its adoption can drastically reduce current core dealing activities in the value chain in every sector

A technical solution tailored to a business ecosystem

Dedicated privacy and anonymity features for data governance issues in blockchain ecosystems

Minimise disruptions

Avoid long and expensive integration downtime when using our fully integrated tools

Allfunds Blockchain is at the forefront of innovation, as demonstrated by its role in the successful launch of Spain's first tokenized fund in 2022. With a dedicated staff of over 20 experts in three countries, the team covers Allfunds' global markets and provides blockchain-based solutions to all fund value chain stakeholders.

Blockchain Value Propositions

FAST: Transfer Solution

Digital Assets - Tokenization

Active partnerships

Latest Insights for Blockchain

Corporate

Update on Credit Suisse / UBS Relationship

Allfunds Group plc (Allfunds) has received notice from UBS that, as a result of UBS’ merger with Credit Suisse, UBS has taken the decision to replace Allfunds as fund distribution platform partner for the former Credit Suisse business (now UBS), with UBS’ current fund platform partner with effect from 1 January 2025. UBS has today advised the relevant fund managers of its plans. The decision taken by UBS does not reflect any concern or dissatisfaction with the platform or levels of service provided to Credit Suisse by Allfunds, as confirmed by UBS, and is a consequence of the merger of Credit Suisse with UBS.

The former Credit Suisse business agreed to use Allfunds as its fund distribution platform on an exclusive basis (the Former CS Fund Distribution Activities) under the cooperation agreement in place with Credit Suisse dated 25 June 2019 (the Cooperation Agreement). This Cooperation Agreement provides for exclusivity through June 2026, with the option of a further three years to June 2029 at Allfunds’ sole discretion. Allfunds is taking the relevant steps to preserve its legal rights and remedies in connection with the Cooperation Agreement.

With regard to the Former CS Fund Distribution Activities covered under the Cooperation Agreement, the revenue generated from the Former CS Fund Distribution Activities represents approximately 3% of Allfunds’ total revenues as of 30 June 2024.

The remaining Allfunds business excluding the Former CS Fund Distribution Activities has exhibited materially better underlying revenue growth and AuA net flow characteristics since 2021, specifically:

  •   +2.5%-pts higher annual revenue growth than on a reported basis (16.2% vs. 13.8% revenue CAGR 2021-2023);

  • +3%-pts higher net platform flows (from existing and new clients) than on a reported basis (10% vs. 7% average annual net flows); and

  • H12024 net flows from existing and new clients excluding CS/UBS were +€22 billion compared to +€14 billion on a reported basis.

The Company expects the outlook for 2024 to remain unchanged.

Further announcements will be made if and when appropriate.

This is a public announcement by Allfunds Group plc pursuant to section 17 paragraph 1 of Regulation (EU) No 596/2014 on market abuse.

Aug 23, 2024