Digiterre’s Rajesh Jethwa is named in the top 30 of the 2023 CIO 100
We thought it would be helpful to unravel some of the contents of the ‘black box’ which is the UK financial services industry – estimated to be worth well over £176 billion in 2018. (Source: Finance Feeds).
This week – transfer agents! Critical ‘cogs’ in the financial system and their work is usually done behind the scenes – invisible but absolutely crucial to the smooth and efficient workings of the system.
So a transfer agent is a trust company, bank or similar financial institution assigned by a company as a Third Party, to maintain records of investors and account balances.
Ultimately, the transfer agent becomes the face of a company to its shareholders, helping these stakeholders make informed decisions about those companies. Quite a responsibility!
By: Rajesh Jethwa
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