NAB extends partnership with Perennial Value

NAB has extended its asset servicing partnership with fund manager, Perennial Value, to include providing unit registry services inclusive of call centre and digitised client connectivity following an operating model review.

Executive general manager of NAB Asset Servicing, John Comito, said the bank was excited to demonstrate its extensive operating model expertise within its client solutions framework.

Perennial Value’s executive director, Anthony Patterson, said the bank’s asset servicing function had been a key business partner for over a decade, and its service delivery supported the fund manager’s focus on investing.

“Arising from this initiative we have streamlined many of our operating settings and have benefited from capability uplift,” he said.