International platform Praemium has appointed European wealthtech firm Allfunds as its fund distribution provider.
Praemium International users will be able to access Allfunds global’s multi-currency offering, as well as offshore funds and tools via the firm’s digital ecosystem Connect.
Simon Shapland, Allfunds head of UK and Ireland, said: “We are delighted that Praemium International has selected Allfunds as their global fund platform and we see natural synergies between our businesses.
“As the world’s largest fund distribution network, we recognise the need for a multi-currency global funds offering in an efficient and single process.
“Through Allfunds’ network of both domestic and international funds, Praemium International clients will have access to over 100,000 funds.”
Mark Sanderson, chief operating officer at Praemium International, added: “We own, run, manage and develop our own technology – with more than 50% of global headcount in technology development we release enhancements every two weeks.
“Continuous improvement is baked into our daily routine and doesn’t just stop at our own technology.
“We always look to continuously improve the products and services we make available on the platform, and Allfunds is a really great addition to that suite.”