peterevans becomes part of the Equiniti Group

Press Release

01 August 2012
peterevans becomes part of the Equiniti Group

Move to bolster year-on-year growth and strengthen client offerings

The Equiniti Group, a leading financial and business services outsourcing provider, and the UK’s largest provider of shareholder services to FTSE 100 companies, today announces the acquisition of leading technology provider for financial services firms, peterevans, which will result in a partnership that will provide mutual resource-sharing benefits.
The acquisition will see peterevans join the Equiniti Group family, and while the Cardiff and London office structure remains unchanged, the new Equiniti Group umbrella will provide peterevans’ clients and employees with a range of benefits and broader opportunities.
John Parker, Managing Director, Shareholder Solutions, Equiniti, commented: “The acquisition of peterevans is an important development in Equiniti Group’s strategy. We have been partnering with peterevans for a number of years and have always been impressed by their cutting-edge technology offering. The acquisition will now allow us to collaboratively enhance peterevans’ existing offering in order to create an extended range of services to both current and prospective clients looking to outsource their services.”
Mike Foley, Managing Director, peterevans, added: “This is an exciting time for peterevans. We are immensely proud of our staff who have achieved so much, and we now have the support to go even further. peterevans has grown by 30% in the last year, with year-on-year forecasts for the next to match. The backing of a larger group will provide even more impetus and potential scale going forward, enabling us to focus on the development of the xanite platform architecture and to drive forward our offerings.”
END

For more information:
MHP Communications
Robert Roessler | Fern Hammond 020 3128 8592 / 8092
Robert.roessler@mhpc.com / fern.hammond@mhpc.com
Phillipa Russell
Equiniti Group Communications & PR Manager
Tel: 0207 469 1907
Email: phillipa.russell@equiniti.com

About peterevans
peterevans is a leading independent provider of front to back office systems to the financial services sector, providing both global solutions to major institutions and highly-focused technology to smaller organisations.

peterevans technology currently processes 20% of UK retail trades and they were also awarded ‘Best execution-only settlement system’ at the 2012 Systems in the City awards.
All product and company names herein may be trademarks of their respective owners.
http://www.peterevans.com/

About Equiniti Group
Equiniti Group is a leading financial and business services outsourcing provider. Operating through a number of specialist brands, Equiniti Group is the leader in the UK share registration market and has a growing presence in the complex, commercial BPS field. It is also a major player in the fast-growing HR, employee benefits and pension service markets.
The Group’s core capabilities are centred around high volume, complex administration and payments services. It has over 3,000 employees in 23 office locations and supports over 2,000 clients in both the public and private sectors.

www.equiniti.com