Internet
PrimaryBid launches pan-European Connect platform
Connect represents a new stage of partnership with over 60 brokerage partners signed up to PrimaryBid, including the UK platforms AJ Bell, Hargreaves Lansdown and interactive investor and a number of discretionary wealth managers which collectively have contributed over £500m in transaction demand through PrimaryBid since 2020. In the EU, Connect was launched in collaboration with PrimaryBid's strategic partner, Euronext, to facilitate pan-EU expansion and cross border capital formation. In France , Bourse Direct, Boursorama and EasyBourse are fully integrated into PrimaryBid's Connect API enabling at-scale automated distribution, and a number of leading EU retail intermediaries are in the process of completing integration.
Investment in the PrimaryBid Connect platform reflects growing scrutiny on public companies from regulators and policymakers around the limited access everyday investors have to 'institutional-only' fundraisings. As an independently regulated company, PrimaryBid has the leading track-record in winning access for retail investors to IPOs and secondary fundraisings working alongside all major investment banks. PrimaryBid has completed over 200 deals since the start of 2020.
For individual investors, PrimaryBid Connect brings deals directly into their chosen investment platform, maximising the opportunity to make use of tax-efficient wrappers such as ISAs or funds on account. Partners also have a choice over their preferred interface to PrimaryBid, including straight-through API processing for digital-first platforms. Other enhancements include shareholder verification and transaction audit functionality that meet emerging best practices around deal allocation and post-deal regulatory reporting.
said:
added:
Mike Coombes , VP Corporate Affairs
mike.coombes@primarybid.com
020 3026 4750
View original content:https://www.prnewswire.co.uk/news-releases/primarybid-launches-pan-european-connect-platform-301657817.html