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For Fund Houses

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For Distributors

Unlock all your open architecture needs in a single access point

€1.30 tr_0

€1.30 tr

Assets under administration
62_1

62

Countries where distributors are domiciled
3,005_2

3,005

Fund groups
862_3

862

Distributor contracts

All data as of 31/12/2022

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Allfunds launches Allfunds Alternative Solutions

Allfunds launches Allfunds Alternative Solutions, a new division specialised in servicing alternative assets

London/Madrid, 21 March 2023 – Allfunds (AMS:ALLFG), the leading B2B WealthTech platform for the funds industry, today announces the launch of its new division, Allfunds Alternative Solutions.

 

Allfunds Alternative Solutions is the result of Allfunds’ response to strong demand among its clients, especially those from the wealth management segment, for better access to alternative assets and private markets. Although Allfunds already has experience in this area and assets under administration in specialized vehicles (UCITs, ELTIFs, UCI Part II, RAIFs y FCRs) until today it was a service performed only on an on-demand basis.

 

Borja Largo, Chief Fund Groups Officer, will lead a team composed of a combination of new hires and existing Allfunds employees, whose task will be to channel current demand and drive Allfunds' growth in services related to illiquid strategies.

 

As it did for ELTIFs in the past, Allfunds Alternative Solutions will adopt a similar strategy and will initially focus on improving operational efficiency for all vehicles, including global structures such as ELTIFs, RAIFs, UCIs Part II, and local ones, such as the Spanish FCR, to meet the needs of a broad and diverse client base.

 

Borja Largo, Chief Fund Groups Officer states, “It was essential for us to have a team dedicated exclusively to alternative assets, this was the only way we could meet the growing demand from our clients and offer them a service that matched their expectations and past experience with Allfunds. We decided to build this team and launch the project on the solid foundation of Allfunds' success in the traditional asset market, which puts us in a unique position to understand the requirements and preferences of both General Partners and distributors of illiquid strategies.”

 

Juan Alcaraz, CEO of Allfunds adds, “This is another step in our ongoing effort to have the best value proposition in the market and to enhance our one-stop shop model, covering all our customers' needs in a single point of access. We have been developing our alternative offering for some time and believe that with the combination of our experience, human capital and technology, we are perfectly positioned to capitalise on these opportunities".

Mar 21, 2023
Corporate
Financial

Indicative and conditional public offer proposal from Euronext N.V.

Allfunds Group plc confirms that it has received an unsolicited, indicative and conditional public offer proposal from Euronext N.V. for the entire issued and outstanding share capital of Allfunds Group plc at an offer price of EUR 8.75 for each Allfunds Group plc ordinary share payable as follows: EUR 5.69 in cash plus 0.04059 new Euronext N.V. shares.

Under the proposal, the number of new Euronext N.V. shares for each Allfunds Group plc ordinary share would be set by reference to the 1‑week volume‑weighted average price of Euronext N.V. shares on the last trading day before the date of formal announcement of the offer in order for the price per Allfunds Group plc ordinary share to be EUR 8.75.

In addition, as part of the proposal, Euronext N.V. would also pay to Allfunds Group plc shareholders who tendered their shares in the offer a ticking fee per Allfunds Group plc share, corresponding to 5.5% per annum applied to the offer price from the date of the formal offer announcement to the earlier of: (i) the first settlement date of the offer (both inclusive); and (ii) 31 March 2024 (both inclusive). Under the proposal, the ticking fee would be payable in cash, Euronext N.V. shares or a mix of cash and Euronext N.V. shares at Euronext N.V.’s option.

Allfunds Group plc has been informed by Euronext N.V. that Euronext N.V. has been in discussions with Hellman & Friedman and BNP Paribas, together owning 46.4% of Allfunds Group plc’s share capital, to obtain their support for the offer. Allfunds Group plc has not been party to such discussions.

The Allfunds Group plc board is currently evaluating the offer proposal, which would be subject to a number of conditions. There can be no certainty that any transaction will be forthcoming nor as to the terms on which any such transaction may occur.

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 the European Market Abuse Regulation (596/2014) and article 5, paragraph 1 of the Dutch Decree on Public Takeovers. This public announcement does not constitute an offer, or any solicitation of any offer, to buy or subscribe for any securities.

Feb 22, 2023
Corporate

Tom Wooders appointed UK Country Head of Allfunds

Madrid / London, 19 January 2023 - Allfunds (AMS: ALLFG), the leading B2B WealthTech platform for the funds industry, today announces the appointment of Tom Wooders as UK Country Head. Tom will lead the UK business as it continues to grow in size and prominence, as a key market in the European funds industry. Tom will report directly to Gianluca Renzini, Chief Commercial Officer.

Having worked in the financial services industry for over 20 years, Tom has extensive experience and insight across multiple industry segments. Prior to Allfunds, Tom was Group Head of Sales at Titan Wealth with responsibility for business development across all of Titan’s constituent entities including Titan Asset Management, Titan Wealth Solutions and GPP. Tom was also previously Executive Director at J.P. Morgan, Vice President at State Street, and UK Head of Sales at Pershing.

Commenting on the appointment, Gianluca Renzini, Chief Commercial Officer, said, “Tom’s depth of experience across the investment industry brings fantastic expertise to Allfunds and we are delighted he has joined the team to lead the UK business. Tom’s knowledge and contacts will be invaluable as we continue to enhance our proposition. This comes at a time where we are reaching a real inflection point in the industry as efficiencies, transparency and risk management become more important than ever. Allfunds is in a unique position to provide solutions to those challenges and offer unrivalled support to clients across the asset and wealth management industries.”

Tom takes over from Simon Shapland who led the UK business for seven years from 2015 until his retirement at the end of 2022. Simon was responsible for overseeing the growth of the company’s UK and Ireland operations during a period of rapid expansion for Allfunds in key international markets. The Board and management are grateful for Simon’s contribution in developing Allfunds’ UK business and congratulate him on a very well-deserved retirement.

Allfunds. Transforming the WealthTech industry

Allfunds (AMS:ALLFG) is one of the leading B2B WealthTech platforms for the funds industry, offering fully integrated solutions for both Fund Houses and Distributors. Allfunds has built and continues to evolve an ecosystem that covers the entire fund distribution value chain and investment cycle, with solutions including dealing and execution, data and analytics tools, RegTech, ESG screening, and portfolio monitoring. It remains the sole fully integrated one-stop-shop in the industry.

Allfunds spans the globe with 17 offices* covering all major financial markets, with assets under administration of nearly €1.3 trillion, representing almost 3,000 fund groups and working with over 860 distributors in 61 countries.

Allfunds entered Euronext Amsterdam as a listed company on April 23rd, 2021.

*Bogotá | Dubai | Hong Kong | London | Luxembourg | Madrid |  Miami | Milan | Paris | Santiago | São Paulo | Shanghai | Singapore | Stockholm | Valencia | Warsaw | Zurich

All figures as of 30.09.22, visit www.allfunds.com

Notes to Editors

For further information please contact:


Katherine Sloan
Head of Marketing and Communications
katherine.sloan@allfunds.com

+34 91 274 64 00

For investor enquiries:


Allfunds Group Investor Relations
investors@allfunds.com

+34 91 274 64 00

Jan 18, 2023
Corporate

Allfunds and BB Asset sign a service agreement

Madrid, 20 December 2022 - Allfunds (AMS:ALLFG), a leading WealthTech B2B platform for the fund industry, offering fully integrated solutions for fund managers and distributors, announced a service agreement with BB Asset, the Asset Management entity of Banco do Brasil.

The agreement further increases Allfunds’ footprint in Brazil where it has a solid commitment and continued business activity with local presence since the opening of its representation office in São Paulo in 2018.

With this commercial partnership, BB Asset reinforces its value proposal in international open architecture, a segment in which it already occupies a privileged position, with relevant international exposure. By using Allfunds' intermediation services, BB Asset will further increase the range of international funds, relying on a network of almost 3,000 managers and more than 130,000 ISINs available on the platform, without the need to sign agreements directly with each one of them. This digital ecosystem, the Allfunds Connect platform, includes access to important investment fund research and selection tools, reaffirming BB Asset's commitment to innovation and digitalization in its international product offering.

Marcelo Pacheco, Executive Director at BB Asset Management, confirms this commitment: “The partnership with Allfunds is in line with our position of being an innovative asset both in our investment funds offering and, in our processes, and will certainly contribute to provide simplify access to investment funds from international managers that will compose our strategies”.

In addition to accessing leading B2B platform for global fund distribution, BB Asset will benefit from Allfunds’ digital tool suite. An ecosystem under constant evolution, Allfunds’ current digital offering can assist users in the selection of investment opportunities through its powerful fund screener, ESG filters, data & analytics reporting, RegTech and portfolio monitoring features.

Laura Gonzalez, Head of Americas at Allfunds, said: “We are very proud that BB Asset has become our client, an entity of strategic importance in the region, not only for its volume of assets, but also for having been at the forefront of solutions for investments abroad. This relationship strengthens our position in the Brazilian market, where we have been present since 2018 and established ourselves as the reference WealthTech platform for players wishing to diversify by investing in international funds. The Brazilian market, due to its sophistication, has always been a challenge for the foreign fund industry. That is why we are especially excited about the top position we have achieved.”

Contacts

For media enquiries:


Katherine Sloan
Head of Marketing and
Communications
katherine.sloan@allfunds.com

+34 91 274 64 00

For investor enquiries:


Allfunds Group Investor Relations
investors@allfunds.com

+34 91 274 64 00

Dec 19, 2022
Corporate

Upgrades announced to Allfunds Connect to streamline distribution of market intelligence

Madrid, December 15th 2022 - Fund Insights, which allows fund houses to publish their research, market views, and strategies, is a new service that will gradually be available for Allfunds users through Allfunds Connect. As part of the Allfunds Connect upgrade, Fund Insights is a premium feature that allows fund houses to publish their research and analysis, in a streamlined and simple way, to differentiate their proposition and product offering in a highly competitive market.

In the context of increasing complexity, substantial volatility and a high degree of uncertainty in the markets, Fund Insights offers a unique space for fund managers and distributors to communicate their market view, strategies and insights enhancing the Allfunds Connect ecosystem that encompasses the entire value chain in fund distribution and the investment cycle, with solutions including trading and execution, data and analytics, RegTech, ESG filters and portfolio management tools.

Professional investors, such as fund selectors and advisers, will be able to access all content easily and view funds related to specific themes, giving them the insights they need to make better informed decisions on fund selections and strategies.

Within Fund Insights, Fund Houses can update content and cover relevant topics in a timely way. It also enables content to be enhanced with images, videos, audio and other files. Potential investors can then contact the fund house directly through the platform in one click.

Rollout will be phased out by geographies to ensure smooth deployment and minimize any disruptions to the Allfunds Connect ecosystem.

Contacts

For media enquiries:


Katherine Sloan
Head of Marketing and
Communications
katherine.sloan@allfunds.com

+34 91 274 64 00

For investor enquiries:
Allfunds Group Investor Relations
investors@allfunds.com

+34 91 274 64 00

Dec 15, 2022
Financial

Allfunds reports on the progress and end of its share buyback programme

London/Madrid/Amsterdam - Allfunds Group plc (“Allfunds”) (TICKER: ALLFG) informs today that, under its share buyback programme announced on 8 November 2022, 129,188 of its own ordinary shares were repurchased on 28 November 2022 on Euronext Amsterdam. The shares were repurchased at an average price of €6.8936 per share. The total consideration of the repurchase was €890,570.69.

The maximum total value of the share buyback programme amounted to €10 million. To date, 1,380,322 ordinary shares have been repurchased for a total consideration of €9,999,993.03. Therefore, the programme has now been completed.

The buyback has been implemented pursuant to the authority granted by the shareholders of Allfunds at its annual general meeting held on 21 April 2022 and is executed within the parameters prescribed by Regulation (EU) 596/2014 on market abuse and the safe harbour parameters prescribed by Commission Delegated Regulation (EU) 2016/1052 for share buybacks.

For detailed information on the individual share purchase transactions, see the Allfunds investor website at: https://investors.allfunds.com/share_info#share_programme.

This press release is issued in connection with the disclosure and reporting obligation set out in Article 2(2) of Commission Delegated Regulation (EU) 2016/1052.

Contacts

For media enquiries:


Katherine Sloan
Head of Marketing and Communications
katherine.sloan@allfunds.com

+34 91 274 64 00

For investor enquiries:


Allfunds Group Investor Relations
investors@allfunds.com

+34 91 274 64 00

Dec 4, 2022
Financial

Allfunds reports on the progress of its share buyback programme

London/Madrid/Amsterdam - Allfunds Group plc (“Allfunds”) (TICKER: ALLFG) informs today that, under its share buyback programme announced on 8 November 2022, 955,000 of its own ordinary shares have been repurchased during the week of 21 November 2022 up to and including 25 November 2022 on Euronext Amsterdam. The shares were repurchased at an average price of €7.1827 per share. The total consideration of the repurchase was €6,859,461.36.

Allfunds intends to repurchase ordinary shares up to a value of €10 million on Euronext Amsterdam. The total number of shares repurchased under this programme to date is 1,251,134 ordinary shares for a total consideration of €9,109,422.33. To date approximately 91.09% of the maximum total value of the share buyback programme has been completed.

The buyback is implemented pursuant to the authority granted by the shareholders of Allfunds at its annual general meeting held on 21 April 2022 and is executed within the parameters prescribed by Regulation (EU) 596/2014 on market abuse and the safe harbour parameters prescribed by Commission Delegated Regulation (EU) 2016/1052 for share buybacks.

For detailed information on the individual share purchase transactions, see the Allfunds investor website at: https://investors.allfunds.com/share_info#share_programme.

This press release is issued in connection with the disclosure and reporting obligation set out in Article 2(2) of Commission Delegated Regulation (EU) 2016/1052.

Contacts

For media enquiries:


Katherine Sloan
Head of Marketing and Communications
katherine.sloan@allfunds.com

+34 91 274 64 00

For investor enquiries:


Allfunds Group Investor Relations
investors@allfunds.com

+34 91 274 64 00

Nov 27, 2022

Allfunds Blockchain Expands FAST Solution to Streamline Stock Transfers in Spain

  • Enhancements will accelerate stock transfers of mutual funds between financial institutions, reducing processing time to less than a week

  • Project delivered in collaboration with a working group of leading national and international wealth and asset management firms

Madrid, 21 November 2022 - Allfunds Blockchain, the arm of Allfunds (AMS:ALLFG) specialized in blockchain technology and its application in the development of solutions for the fund industry, has expanded the capabilities of its FAST solution to digitize the process of switching mutual fund portfolios between financial providers.

FAST was launched in 2021 with the aim of improving the experience of end investors and financial institutions when executing Spanish Tax Free Transfers. The new enhancements to FAST will mean end investors benefit from safer, more efficient channels to perform stock transfers of mutual funds between financial providers, becoming a fully-digital process via Allfunds’ existing blockchain technology.

The improved FAST product seeks to set a new, industry-wide standard for stock transfers processing. Additional benefits from the new iteration of FAST include:

  • Greater cost efficiency and improved risk management

  • The complete digitalization of stock transfers, meaning a significant reduction in the duration of the existing process from 3 weeks (on average) to less than a week

  • Improved traceability, allowing all members of the ecosystem the ability to monitor the status of their transactions in real-time.

Allfunds has collaborated with a working group of leading industry participants to deliver the enhancements to FAST. The group’s collective knowledge of the financial services industry and understanding of previous obstacles to the stock transfer process have ensured the creation of a solution that benefits the entire value chain: from platforms and depositaries, distributors and asset managers, to the end investor.

The working group includes entities such as Allfunds Bank, BBVA, BNP Paribas, CACEIS, Caixabank, Cecabank, Crèdit Andorrà, Diaphanum, Fidelity, ING, M&G, Magallanes, Morgan Stanley, Renta 4, Schroders, Santander, Tressis and Varianza.

Rubén Nieto, Managing Director of Allfunds Blockchain, said: “We are proud to have led this working group of industry leaders with such strong experience and reputations, and we are grateful for their efforts and creativity throughout the evolution process. The enhancements to FAST mean we continue to demonstrate the leading role we play in delivering innovative solutions to the fund industry, and the continued effectiveness of our WealthTech DNA in driving industry transformation.”

Juan Alcaraz, CEO of Allfunds, continued: “Allfunds is committed to enhancing its wider product offering to meet the changing needs of the wealth and asset management industry against a highly-dynamic macroeconomic backdrop. Our new FAST solution is a direct reflection of this commitment, and the value we place on continued engagement with clients, industry stakeholders and our peers to ensure our product suite meets the needs of companies wherever they do business.”

The solution will be operational and available by mid-2023, and for clients integrating FAST into their activities, each will be required to adhere to standard market rules and practices. Participating entities will be closely involved in the governance of the solution as a result, ensuring it continues to evolve and improve to meet the changing needs of the industry.

Contacts

For media enquiries:


Katherine Sloan
Head of Marketing and
Communications
katherine.sloan@allfunds.com

+34 91 274 64 00

For investor enquiries:


Allfunds Group Investor Relations
investors@allfunds.com

+34 91 274 64 00

Nov 20, 2022
Financial

Allfunds reports on the progress of its share buyback programme

London/Madrid/Amsterdam - Allfunds Group plc (“Allfunds”) (TICKER: ALLFG) informs today that, under its share buyback programme announced on 8 November 2022, 209,677 of its own ordinary shares have been repurchased during the week of 14 November 2022 up to and including 18 November 2022 on Euronext Amsterdam. The shares were repurchased at an average price of €7.9655 per share. The total consideration of the repurchase was €1,670,177.43.

Allfunds intends to repurchase ordinary shares up to a value of €10 million on Euronext Amsterdam. The total number of shares repurchased under this programme to date is 296,134 ordinary shares for a total consideration of €2,249,960.98. To date approximately 22.5% of the maximum total value of the share buyback programme has been completed.

The buyback is implemented pursuant to the authority granted by the shareholders of Allfunds at its annual general meeting held on 21 April 2022 and is executed within the parameters prescribed by Regulation (EU) 596/2014 on market abuse and the safe harbour parameters prescribed by Commission Delegated Regulation (EU) 2016/1052 for share buybacks.

For detailed information on the individual share purchase transactions, see the Allfunds investor website at: https://investors.allfunds.com/share_info#share_programme.

This press release is issued in connection with the disclosure and reporting obligation set out in Article 2(2) of Commission Delegated Regulation (EU) 2016/1052.

Contacts

For media enquiries:


Katherine Sloan
Head of Marketing and Communications
katherine.sloan@allfunds.com

+34 91 274 64 00

For investor enquiries:


Allfunds Group Investor Relations
investors@allfunds.com

+34 91 274 64 00

Nov 20, 2022
Financial

Allfunds reports on the progress of its share buyback programme

London/Madrid/Amsterdam - Allfunds Group plc (“Allfunds”) (TICKER: ALLFG) informs today that, under its share buyback programme announced on 8 November 2022, 86,457 of its own ordinary shares have been repurchased from 8 November 2022 up to and including 11 November 2022 on Euronext Amsterdam. The shares were repurchased at an average price of €6.7060 per share. The total consideration of the repurchase was €579,783.55.

Allfunds intends to repurchase ordinary shares up to a value of €10 million on Euronext Amsterdam. The total number of shares repurchased under this programme to date is 86,457 ordinary shares for a total consideration of €579,783.55. To date approximately 5.80% of the maximum total value of the share buyback programme has been completed.

The buyback is implemented pursuant to the authority granted by the shareholders of Allfunds at its annual general meeting held on 21 April 2022 and is executed within the parameters prescribed by Regulation (EU) 596/2014 on market abuse and the safe harbour parameters prescribed by Commission Delegated Regulation (EU) 2016/1052 for share buybacks.

For detailed information on the individual share purchase transactions, see the Allfunds investor website at: https://investors.allfunds.com/share_info#share_programme.

This press release is issued in connection with the disclosure and reporting obligation set out in Article 2(3) of Commission Delegated Regulation (EU) 2016/1052.

Contacts

For media enquiries:


Katherine Sloan
Head of Marketing and Communications
katherine.sloan@allfunds.com

+34 91 274 64 00

For investor enquiries:


Allfunds Group Investor Relations
investors@allfunds.com

+34 91 274 64 00

Nov 13, 2022
Corporate

Allfunds appoints Juan Pablo Valdés as new Chile Country Head

Madrid, 22 August 2022 – Allfunds (AMS:ALLFG), one of the leading B2B WealthTech platforms for the funds industry offering fully integrated solutions for both Fund Houses and Distributors, today announces that it has appointed Juan Pablo Valdés as Chile Country Head, effective immediately.

Juan Pablo will be in charge of Allfunds’ local representative office in Santiago de Chile and will report to Laura Gonzalez, Head of Americas.

Juan Pablo has over two decades of experience in the financial services industry, having held various roles in which he oversaw the direction of investment on behalf of private bank clients. Most recently, Juan Pablo served as Commercial Manager at LarrainVial Asset Management, where he led the distribution of mutual and investment funds across different channels. His other experience includes roles at SURA Chile, Celfin Capital and Banco BICE.

Laura Gonzalez, Head of Americas Allfunds, said: “We are delighted to welcome Juan Pablo Valdés to Allfunds. His expertise will be vital to the growth of our operations in the Southern Cone. Latin America plays a key role in our global strategy and an area where we have extensive growth plans; Juan Pablo’s appointment reflects our commitment to the region, and desire to bring market-leading talent into the regional business to continue enhancing the service we deliver to clients.”

Juan Pablo Valdés said: “I am excited to join Allfunds at a time of immense change across the fund industry as firms continue to adapt to the influence of digitalisation, and more diverse client demands. Allfunds is uniquely positioned to facilitate this change across the global funds market, and I look forward to working closely with the expert teams across Latin America, and internationally, to continue innovating our solutions to meet the needs of our clients for the future.”

Juan Pablo takes over from Sebastián Ochagavía, who is departing the business to pursue other opportunities.


For further information, please contact:


Katherine Sloan
Global Head of Marketing & Comms
Tel: +34 691 369
407
katherine.sloan@allfunds.com

Aug 21, 2022

Allfunds Blockchain launches FAST in Italy: the first blockchain platform to make fund transfers more efficient in the italian market.

  • FAST is the result of an Allfunds Blockchain-led collaboration among 18 leading parties from the Italian fund market to promote the transformation of this industry

  • The use of FAST will significantly reduce waiting times for fund transfers

  • FAST will be accessible to all the players in the industry: distributors, fund houses, depositaries, and will also bring tangible benefits to end investors

Milan 12 July 2022 - Allfunds Blockchain, the arm of Allfunds (AMS:ALLFG) specialized in blockchain technology, launches FAST in Italy, a solution built on blockchain technology aimed at increasing the speed and efficiency of mutual funds transfers, which was already successfully launched in Spain.

FAST represents an absolute novelty for the Italian fund industry. The project has been modulated for the unique characteristics of the Italian market and the specific needs of local investors, gathered during a Business Lab - led by Allfunds Blockchain - which included the participation of 18 leading players for the Italian market, such as asset managers, intermediaries and distributors.

Participants discussed their experiences with end investors and how a solution such as FAST could help solve critical issues impacting the value chain of investment fund transfers. The most critical common need and main pain point for end-customers was to significantly reduce the time it takes to transfer fund units from one intermediary to another.

FAST will offer a common infrastructure for all parties involved and based on data sharing through blockchain technology that will greatly enhance the end-investor experience. In particular, funds transfer processes will be more efficient in terms of cost and execution time. In addition, it will make transactions more transparent, ensuring real-time traceability and reduce substantially operational errors.

Among the Business Lab participants whose collaboration has been instrumental to set up the FAST project were household names such as: Allfunds, Azimut, Banca Generali, Banca Mediolanum, Bnl - Bnp Paribas, BNP Paribas Asset Management, BNP Paribas Securities Services, BPER Banca, CheBanca! S.p.A., Fidelity International, Fideuram – ISPB, Franklin Templeton, M&G Investments, Morgan Stanley Investment Management, Pictet Asset Management, Schroders.

Rubén Nieto, Managing Director at Allfunds Blockchain said:

"Blockchain technology is particularly relevant as a solution for complex information exchange processes due to its productivity benefits for both entities and end investors. Seeing leading names in the Italian fund industry collaborate around this Allfunds Blockchain initiative is proof of the sector’s commitment to its own digital transformation, the comprehensive improvement of its operations and the entire investment experience. We at Allfunds Blockchain are proud to be part of these efforts and support the market in preparing for an evolution of its services, something we expect to happen very soon at global scale."

Allfunds (AMS:ALLFG) is one of the leading B2B WealthTech platforms for the funds industry, offering fully integrated solutions for both Fund Houses and Distributors. Allfunds, founded in 2000, has built and continues to evolve an ecosystem that covers the entire fund distribution value chain and investment cycle. It remains the sole fully integrated one-stop-shop in the industry. As of 31.03.2022 its assets under administration were of nearly €1.4 trillion.

Allfunds Blockchain is a standalone company within the Allfunds Group. Allfunds Blockchain develops a revolutionary technology with features that have not been available on the market to date, which generate a unique environment of security, privacy and data governance among financial institutions and enables new capabilities for programming and automating processes through smart contracts.

Media Contacts

Katherine J. Sloan
Global Corporate
Communications
katherine.sloan@allfunds.com

+34 91 274 64 00

Jul 11, 2022

AllianceBernstein and Allfunds Blockchain enter collaboration

Partnership aimed at integrating blockchain technology into the financial services ecosystem

Madrid / London / Nashville, Ten. June 2022 – AllianceBernstein Holding L.P. (NYSE:AB), a leading global asset management firm, and Allfunds Blockchain, the arm of Allfunds (AMS:ALLFG) specialized in blockchain technology, have announced a collaboration to adapt AB’s asset services activities to the blockchain ecosystem.

Allfunds Blockchain’s dedicated funds technology offers the possibility to transform operational processes in the fund industry value chain and provide legacy platforms with efficiency, agility, accuracy, and the increased safety blockchain technology delivers. AB will connect its global operational activity with the Allfunds platform to Allfunds Blockchain, where it will enjoy all the benefits of the solution, as well as Allfunds’ global scale and growing offering. The collaboration will offer Allfunds Blockchain solutions across AB’s EU domiciled-global platform

Ronit Walny, Head of AllianceBernstein’s Investment Innovation Center, added: “Across multiple departments at AB and in partnership with Equitable Holdings, we underwent a deep exploration of the value that the blockchain technology unlocks. We anticipate that this technology will be transformative to the asset management industry, uncovering significant transactional efficiencies and enhanced transparency as well as operational agility that makes investment solutions available to a broader investor base. We are committed to delivering solutions that our clients prefer today and in the future Allfunds Blockchain brings extensive fund industry experience and insightful and integrated solutions, and we look forward to partnering with them in our journey to offer solutions across our EU domiciled global-platform.”

Karl Sprules, Global Head of Technology and Operations at AllianceBernstein, added: “Our interest in blockchain was born out of an internal, innovative ideation workshop, hosted jointly between AB and Equitable Holdings for employees. In 2021, more than 100 colleagues across both organizations participated in the program, working to increase firmwide knowledge of disruptive technologies and closely examine how blockchain and cryptocurrency can be used in the financial services industry. A year later, we are excited to announce this integrative collaboration between AB and Allfunds Blockchain, which we believe is an important step forward for the future of our firm – and across the industry.”

Rubén Nieto, Managing Director of Allfunds Blockchain, said: “We are very excited to collaborate with one of the leading global asset management firms and deliver our bespoke solutions to such a renowned household name like AB. This emphasizes our clear strategy to team up and help to understand the incredible benefits of the technology and our value proposition to all the actors of the fund industry. It is about the future of the industry vs. the industry of the future.”

For further information please contact

Allfunds Media Relations

Katherine Sloan
Global Head of Marketing & Comms
Tel: +34 691 369
407
katherine.sloan@allfunds.com

About Allfunds

Allfunds (AMS:ALLFG) is one of the leading B2B WealthTech platforms for the funds industry, offering fully integrated solutions for both Fund Houses and Distributors. Allfunds, founded in 2000, has built and continues to evolve an ecosystem that covers the entire fund distribution value chain and investment cycle. It remains the sole fully integrated one-stop-shop in the industry. As of 31.03.2022 its assets under administration were of nearly €1.4 trillion.

About Allfunds Blockchain

Allfunds Blockchain is a standalone company within the Allfunds Group. Allfunds Blockchain develops a revolutionary technology with features that have not been available on the market to date, which generate a unique environment of security, privacy and data governance among financial institutions and enables new capabilities for programming and automating processes through smart contracts.

About AllianceBernstein

AllianceBernstein is a leading global investment management firm that offers high-quality research and diversified investment services to institutional investors, individuals, and private wealth clients in major world markets. As of March 31, 2022, AllianceBernstein had $735 billion in assets under management. Additional information about AB may be found on our website, www.alliancebernstein.com.

Jun 14, 2022
Corporate

Allfunds closes the acquisition of Web Financial Group

31 May 2022 – Allfunds (AMS:ALLFG), one of the world’s leading B2B WealthTech platforms for the fund industry, today announces that the acquisition of Web Financial Group, S.A. (‘WebFG’), a European financial technology company and provider of software solutions to the wealth management sector, has closed following completion of customary closing conditions.

WebFG, now a wholly-owned subsidiary of Allfunds, will continue operating under its existing brand within the Allfunds ecosystem.

The acquisition will help Allfunds to further bolster its tailor-made solutions available for the wealth management industry and progress towards an even more streamlined, efficient fund distribution ecosystem. Allfunds will approach strategically the combined service offering and scalability for WebFG’s existing client base, which includes retail banks, wealth managers, investment platforms and private banks.

As part of this investment, Allfunds will onboard the 91 employees of WebFG which are located across six offices in Europe, further boosting its global footprint in key markets such as France, Germany, Spain, Sweden, Switzerland and the UK.

The financial terms of the deal allow Allfunds to create value for its shareholders immediately and generate positive earnings per share.

With WebFG, Allfunds broadens the value proposition for its clients and reinforces its capabilities in the digital ecosystem, key for the future development of the company.

May 30, 2022
Corporate

Allfunds enter an agreement to acquire Web Financial Group

5 April 2022 – Allfunds (AMS:ALLFG), one of the world’s leading B2B WealthTech platforms for the fund industry, today announces that it has entered into an agreement to acquire the entire share capital of Web Financial Group, S.A. (‘WebFG’), a European financial technology company and provider of software solutions to the wealth management sector.

• The acquisition will significantly enhance Allfunds’ customer proposition in digital & software solutions by gaining multi-asset and data capabilities

• Allfunds strengthens its footprint in key markets where it already has strong positions: France, Germany, Spain, Sweden, Switzerland and the UK

• Allfunds will acquire WebFG for a total consideration of €145m, implying a multiple on revenues1 of 6.5x. The transaction will be funded through debt financing

• The deal is expected to close during Q2 2022

Headquartered in Madrid, WebFG provides bespoke digital solutions for the wealth management industry by harnessing sophisticated data management, cutting-edge technology, and industry leading expertise refined over 20 years. This technology will complement Allfunds’ already strong digital offering including data & analytics which continue to bring efficiencies to the fund distribution ecosystem.

Allfunds will reinforce its platform with stronger functionalities in multi-asset capacities and new features in multi-data connectivity. With the integration of WebFG’s technology, Allfunds will further bolster its tailor-made solutions available for the wealth management industry and progress towards an even more streamlined, efficient fund distribution ecosystem. Allfunds will approach strategically the combined service offering and scalability for WebFG’s existing client base, which includes retail banks, wealth managers, investment platforms and private banks.

As part of this investment, Allfunds will look to onboard the c.100 employees of WebFG which are located across six offices in Europe, further boosting its global footprint in key markets such as France, Germany, Spain, Sweden, Switzerland and the UK.

The addition of the WebFG team will strengthen Allfunds’ digital expertise, further support its global infrastructure and enhance Allfunds’ position as a leader in innovative WealthTech solutions.

Juan Alcaraz, Allfunds’ founder and CEO, said: “At Allfunds, we are fully customer-centric and, with this in mind, we are always looking for growth opportunities that complement and broaden our offering. We wish not only to fulfill

1 Based on WebFG´s unaudited revenues for 2021

our clients’ needs, but to anticipate them; the synergies, technology and talented WebFG team will, no doubt, strengthen our value proposition and help us deliver the world-class service we, at Allfunds, strive to provide.”

Julio Bueso, WebFG’s founder and CEO added: “It is exciting to become a part of the Allfunds business and I look forward to working together towards becoming an even stronger WealthTech champion. Our combined experience, expertise and synergies will reinforce Allfunds’ technology, delivery and ultimately, service offering as a whole.”

The transaction perimeter excludes the media business, which was carved-out in August 2021.

The transaction, which is subject to customary closing conditions, including if applicable, FDI screening approvals, will aim to close during Q2 2022.

Apr 4, 2022
Corporate

RENTA4 and Allfunds complete first orders of new tokenized Spanish fund

Madrid, 18th January 2022 – Allfunds Blockchain, the arm of Allfunds specialising in the creation of digital solutions for the funds industry supported by blockchain technology, and Renta 4 Banco (‘Renta 4’), a leading Spanish Bank, have successfully executed the first orders of Renta 4’s new tokenised Spanish fund within the framework of Spain’s Regulatory Sandbox initiative.

 

In a first for Spain’s funds industry, Renta 4’s investor clients can buy shares in the new tokenized fund through a strategic partnership which leverages Allfunds Blockchain’s dedicated funds technology, and digital custody provided by Onyze. Through this network, Renta 4 is able to offer its clients access to Smart Contracts that cover the complete operational cycle the tokenized fund: from issuance and distribution, to settlement and registration of fund participants. 

 

Allfunds Blockchain is part of Spain’s Regulatory Sandbox initiative, which is supervised by the Spanish Securities and Exchange Commission (‘CNMV’). The project highlights the opportunity for the financial sector through greater collaboration between investment entities and regulators to develop innovative technology-based projects, and the potential for further creativity that this presents. 

 

Rubén Nieto, Managing Director of Allfunds Blockchain, said: "Reaching this milestone is a clear demonstration of the role Allfunds plays as a leading participant in the development of Spain’s funds industry. By applying our proprietary blockchain technology to improve efficiencies in the industry, and offer new investment opportunities to market participants, we have the potential to shape the industry of the future. The age of blockchain has truly arrived.”

 

Miguel Jaureguízar, Digital Development Director at Renta 4, comments: "Innovation is a fundamental component of our approach to developing our offering of financial products, and especially for investment funds. In completing the first orders of our tokenized fund, we have achieved a real breakthrough in the provision of more efficient, transparent and sustainable funds for our clients. Tokenization is undoubtedly the most relevant trend in the industry; we’re proud that Renta 4 is a pioneer in its application."

Jan 18, 2022
Corporate

New Regional Manager for Iberia and LatAm

Allfunds expands its commercial structure appointing a new Regional Manager for Iberia and LatAm

Allfunds appoints Ignacio Izquierdo Saugar as Regional Manager for Iberia and LatAm. Based in Madrid, he will report to Gianluca Renzini, Allfunds Chief Commercial Officer

December 14th, 2021 – Allfunds (AMS: ALLFG), the world’s leading B2B wealthtech and fund distribution company reinforces its commercial division appointing Ignacio Izquierdo Saugar as Regional Manager for Iberia and LatAm.

Reporting to Gianluca Renzini, Chief Commercial Officer, he will manage the relationship with Allfunds’ over 278 current institutional clients across Iberia and LatAm. Today Allfunds is headquartered in Madrid and runs offices in Bogota, Sao Paolo and Santiago de Chile, which enables it to provide global coverage and a fully local service to its clients.

The newly appointed regional manager will take office in January 2022. Previously, Laura González was responsible for Iberia and LatAm, in addition to her role as Global Head of Wealth Management. With Ignacio’s appointment, Laura will focus on Allfunds’ global expansion, although she will remain involved in the Iberian and Latin American markets in line with her duties with that client segment. Iberia is one of Allfunds’ core markets where the Wealth Management segment is particularly important. This new local and global approach will undoubtedly benefit a client base that is key to the entity. Ignacio and Laura will work closely to ensure a smooth transition and provide the continuous, dedicated and bespoke service that makes Allfunds a category leader.

Ignacio has vast international experience in the financial and insurance sector. Formerly, he was CEO at Aviva in Italy. He performed the same function at Aviva in Spain where he was also chairman of Aviva Gestión. During his career he held top-level positions for over 15 years at Grupo Santander in the Asset Management (Spain and LatAm), Santander UK and Santander Private Banking divisions. Between 2000 and 2002 he was Allfunds’ Commercial Director and an Executive Committee member. He holds a degree in Marketing and a Master's degree in Finance by ESIC and completed ISDI’s Internet & Digital Business programme.

Juan Alcaraz, CEO of Allfunds, said:

“We are delighted to welcome Ignacio once again and see him return to Allfunds, where he took his first professional steps. Appointing someone with his expertise is proof of our commitment to Iberia and Latin America and of their relevance in our global structure. We are certain that his international track record and know-how in asset management, private banking and insurance will further enhance the quality and performance of our commercial activity. At Allfunds we focus on delivering the best service and experience to our clients, and no doubt Ignacio will be up to the challenge and exceed our expectations.”

Ignacio Izquierdo, Regional Manager for Iberia and LatAm at Allfunds, added: “It's a pleasure to join a company like Allfunds that not only continues to place a strong focus on expanding its presence and talent to remain ahead of the fund distribution market, but also invests significantly in its ecosystem to ensure that its value proposition remains the most competitive one in the market. Being part

Dec 13, 2021

Allfunds & ConsenSys collaboration

Allfunds & ConsenSys collaborate to apply Allfunds Blockchain technology beyond the Fund Industry

 

·        Allfunds / ConsenSys partnership reaches a new milestone with the launch of a Quorum Subscription plan for enterprises with Allfunds Privacy

 

Madrid, 25 October 2021 - In February 2021, Allfunds and ConsenSys announced a partnership to combine ConsenSys Quorum with the power of the Allfunds Funds Industry Platform in order to radically streamline the global fund distribution industry by enabling instant, reliable, secure communication among industry actors.

Starting on October 21, 2021, ConsenSys will commercialize Quorum Subscription with Allfunds Privacy, a new commercial offering that makes it possible for enterprises to leverage the innovative privacy features developed for the Allfunds Blockchain platform.

This launch opens the possibility to apply the privacy enhancements beyond the original Allfunds Blockchain Fund Industry use case. Selected consulting firms, as well as technology and blockchain companies have been testing alpha versions of the solution to understand the possibilities created by this new privacy approach, which contributes to the continued development of the Enterprise Ethereum ecosystem.

Quorum Subscription with Allfunds Privacy is a new commercial private transaction management solution that further expands the permissioning and privacy features of the Quorum suite, whilst additionally providing a new privacy model. It is based on patented technology created by Allfunds Blockchain, that is from now on maintained and commercially supported by ConsenSys.

Allfunds Blockchain, the dedicated software company focused on developing solutions not only for Allfunds and its clients, but also for the entire fund Industry, has built a holistic and innovative blockchain platform using its patented technology to transform the fund industry technologically.

Quorum Subscription with Allfunds Privacy solves major concerns about data governance in blockchain ecosystems. Allfunds Blockchain is already collaborating with main industry players around the world to be fully prepared for a non-paper-driven industry.

Rubén Nieto, Managing Director of Allfunds Blockchain, said: “We are very proud about this new milestone. The most important thing in a blockchain initiative is clearly the technology, and having a leading firm inConsenSys when commercializing our technology beyond the Fund Industry is the best example to demonstrate how robust our value proposition is. Helping to solve the main data governance challenges in blockchain networks with this new privacy approach, contributes to the continued development of the Enterprise Ethereum ecosystem”.

Madeline Murray, Product Lead at Consensys Quorum, stated: “Our partnership with Allfunds will further facilitate global blockchain adoption for the industry and enrich the ecosystem with technical innovations suitable for advanced privacy use cases. Privacy is a core element of the ConsenSys Quorum stack and collaborating with industry stakeholders will help produce the most sophisticated blockchain architecture for our partners.”

You can learn more about ConsenSys Quorum and Allfunds Privacy here.

Oct 24, 2021
Corporate

Allfunds appoints Vincent Mattera as Head of Sales for France

Allfunds appoints Vincent Mattera as Head of Sales for France

• Vincent Mattera will be based in Paris and report directly to Bruno Piffeteau, Head of France

18 October 2021 – Allfunds, (AMS:ALLFG), one of the world's leading WealthTech and fund distribution providers, has further reinforced its Paris team by appointing Vincent Mattera as Head of Sales for France.

The addition of Vincent Mattera to the management team in France is fully aligned with Allfunds’ strategy to strengthen its position in the French market. This addition comes as a natural next step following the acquisition and partnership with BNP Paribas in 2020 to build next-generation distribution services, solidifying Allfunds as one of the world’s largest fund distribution platform.

Vincent brings thirteen years of experience in fund distribution. He joined Allfunds from La Française, where he held various sales development positions with financial institutions covering the French, Swiss, and Monaco markets. Prior to La Française, he was Sales Manager in the

Distribution team at Generali Investments, after starting his career as a Unit-Linked Analyst in the Financial Offerings team at Generali.

Bruno Piffeteau, Country Head of Allfunds France, commented: “We are delighted to welcome Vincent to Allfunds. His in-depth expertise in the fund industry and particular focus on distribution will support our strategy to position the Allfunds brand as a major player in France”

Oct 17, 2021