The announcement represents an expansion of the existing working relationship between the two companies.
RBC Dexia currently provides custody services for AXA Australia’s ‘Summit’ and ‘Generations’ platforms.
“We have enjoyed an extremely positive experience working with RBC Dexia and look forward to expanding the scope of our business relationship going forward,” says David Frost, head of platforms at AXA Australia. “We were quite impressed with their willingness to support our new North platform. We feel that RBC Dexia is ideally-suited to assist us in delivering upon our long-term growth strategy.”
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