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Avenir Registrars Ltd (www.avenir-registrars.co.uk), a provider of CREST registry services, has this month marked five years of operations. Catering for both publicly quoted and unlisted securities alike, Avenir has now facilitated over 200 individual debt and equity issuances on more than a dozen markets worldwide.
Dr. Hardeep Tamana, Managing Director of Avenir Registrars, commented:
“For decades, the provision of CREST registry services was dominated by a small number of legacy players. However, we realised that there was real demand for a flexible, scalable registrar proposition that could deliver a right-sized solution for all, driving us to launch Avenir.”
By developing proprietary technology from the ground up, Avenir Registrars has generated a cost-effective solution not only for the growing number of new issuers who need a registry service, whilst also providing another option for existing issuers, regardless of where their securities are in the life cycle. By using Avenir, directors can have real time access to their respective securities registers, whilst the experienced team of market professionals deliver a seamless service at every step of the journey.
Companies have a legal duty to maintain an up-to-date register of ownership. As a result, a range of factors - from the launch of innovative forms of financing such as crowd funding through to changing regulatory requirements - have driven fresh demand for registrar services in recent years. Although registry obligation can be conducted in-house, typically a third-party is appointed to manage this responsibility.
Dr Tamana, continued:
“In recent months we have almost doubled the size of the Avenir team as we prepare to launch a range of new products. Whether a client needs equity listings, bond issuance, register keeping or access to our newly granted status as an accredited CREST receiving agent, we are in a position to deliver all these services quickly and efficiently using our proprietary technology.”
Avenir Registrars works with all exchanges that accept settlement in the CREST system. The company currently represents clients from across the globe, including Singapore, London and Canada, listing on a wide range of venues.
For more details, visit www.avenir-registrars.co.uk
Photo above from 5th anniversary event. From left to right - Hugh Simpson (chairman), Stuart Turner (co-founder), Rachel Bain (director) and Hardeep Tamana (co-founder and Managing Director)
