Baillie Gifford Selects corfinancial for Global Trade Processing

corfinancial, a leading provider of specialist software and services to
the financial services sector, is supporting Baillie Gifford in
establishing an end-to-end post-trade operating model.

After a detailed market evaluation process, Baillie Gifford selected
corfinancial’s post-trade solution salerio to automate its
global trade processing.

“Baillie Gifford is unique in the UK in being a large-scale investment
business that has remained an independent private partnership. This
ownership structure has allowed us to keep our efforts focused entirely
on our clients and their investments,” said Louise Laidlaw, Head of
Settlements at Baillie Gifford. “We decided that it was time to
transition our existing operating model to a strategic solution that
encompassed the whole trade processing lifecycle. Not only were we
looking for a comprehensive, automated exception management system, but
also the right people to work with.”

Bruce Hobson, CEO at corfinancial: “Today, investment management
organizations are under increasing pressure to reduce risks, cut costs
and bring efficiencies to post-trade processes. Baillie Gifford
recognizes the benefits that straight-through-processing and scalability
can deliver in helping the firm serve its growing international client
base.”

corfinancial has offices in Boston, New York and London.

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