Cortland Capital Market Services has received authorisation from the Financial Conduct Authority (FCA) to perform regulated activities vital to the company's client base of investment managers and commercial lenders.
Regulated activities include loan agency, escrow services, cash management, paying agency and custody.
"Our global and European direct lender and investment manager clients demand a trusted, responsive and highly technical provider to administer and manage their middle office," says Juliana Ritchie (pictured), Co-Head of Cortland Europe. "Obtaining this critical authorisation enables us to address and fully meet client requirements."
As an Authorised Payment Institution (API), Cortland is approved to carry out payment services activities, and is permitted to passport these regulated activities in European Economic Area countries.
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