Hargreaves Lansdown goes live with Trace Financial's CREST Bridge

26 July 2010

Hargreaves Lansdown, a leading independent UK financial service provider and asset management specialist, has gone live with the CREST Bridge, a new and highly configurable CREST interfacing solution supplied by Trace Financial. 

The CREST Bridge provides Hargreaves Lansdown with a resilient STP interface supporting a daily volume of several thousand trades with very little technical intervention. The solution also provides a browser-based GUI offering business users customised views of CREST business transactions and their settlement status, with drilldown to underlying messages, and the ability to export a range of data views as reports. 

Neil Sutton, Head of Back Office operations at Hargreaves Lansdown stated: “We have been very happy with the way Trace has configured the CREST Bridge solution to meet our particular needs, and the support provided by the company’s very experienced and knowledgeable staff”.

John Murphy, Managing Director of Trace Financial, said: “This project is a perfect example of the way in which our products, messaging consultancy and line-of-business skills combine with a customer partnership approach to deliver an ideal solution, meeting both current and future needs. We look forward to continuing our excellent relationship with Hargreaves Lansdown as we support this mission critical solution”.

About Hargreaves Lansdown

Hargreaves Lansdown is one of the leading providers of investment management products and services to private investors in the UK. As at 31st December 2009, Hargreaves Lansdown managed £15.6 billion of assets under administration on behalf of private investors.

The group also provides independent financial advisory, stockbroking and annuity broking services to private investors and advice to companies on group pension schemes.