KAS BANK expands cooperation with Delta Lloyd Asset Management
Delta Lloyd Asset Management (DLAM) and KAS BANK announce that they will be further expanding the existing cooperation between the two firms. From 1st January 2017, KAS BANK will be providing investment administration services for DLAM’s pension fund clients, including the Delta Lloyd APF. Additionally, KAS BANK and DLAM will enter into a strategic collaboration across the areas of custody, investment administration and investment reporting (cost benchmarking, regulatory, performance and risk management).
KAS BANK’s investment administration platform will offer DLAM greater economies of scale. In addition, KAS BANK will take care of the implementation of new legislation through this platform on behalf of DLAM.
||Sikko van Katwijk (Chairman of the Managing Board, KAS BANK) commented about the partnership with DLAM: |
Delta Lloyd has long been a valued business partner of KAS BANK. We share common values in the areas of transparency, lowering costs and demonstrating control of our administrative and operational activities. We look forward to further extending our cooperation with DLAM. We see the cooperation with DLAM in servicing their pension fund clients (including Delta Lloyd APF) as an important step towards modernisation of investment administrative services for the entire pension industry. This innovation reflects the mission of KAS BANK to become the best investment administration bank for institutional investors.
Focus on investment administration
|Sikko van Katwijk (KAS BANK) and Leon van Riet (Delta Lloyd) confirm the agreement on the extension of the cooperation betweem DLAM and KAS BANK.|
An increasing number of institutional investors, asset managers and pension administrators are investigating the potential for efficient outsourcing of their investment accounting and reporting activities in order to realise a future-proof pension savings business model.
KAS BANK is the market leader of investment administration services in the Netherlands, servicing more than 100 institutional investors, predominantly pension funds and insurance companies. Over the past 12 months the bank’s assets under management increased from EUR 451 billion in the third quarter 2015 to EUR 519 billion in the third quarter of 2016. More information
Please contact your Client Manager for more information or: Larissa Gabriëlse
T: + 31 20 557 5640
M: +31 65 124 75 21 Jeannet Bijker
T: +31 20 557 5938
M: +31 62 044 3020