Our affordable custody service ensures the safety of financial assets held by our clients' customers and allows them to deliver best-in-class services and remain agile in a fast-changing landscape.
By using our custody API, companies can outsource a fundamental and vital part of their business to a trusted uk custodian bank, one that supports many innovative Fintechs and wealth managers across the UK, providing them with affordable, scalable, and secure custody.
Client’s assets are held separately in WealthKernel Nominee Accounts in line with FCA CASS regulations and guidelines. Cash and securities are held at tier 1 banking and sub-custodian partners such as Lloyds Bank, Natwest Bank and Winterflood Securities.
We handle reconciliation, settlement, dividends, corporate actions processing and transfers, and offer advanced payment solutions and options to make funding client portfolios easier. WealthKernel is an HMRC approved ISA plan manager.