European Depositary Bank, the Apex-owned provider of banking, paying agency, depositary and custody solutions, has been appointed to provide paying agent and banking services for third party investors to GenTwo. Zurich-based GenTwo creates securitisation platforms for asset managers, banks, family offices and venture capital investors, enabling professional investors to invest in bankable and previously non-bankable assets. GenTwo’s partnership with EDB will expand GenTwo’s offering with the provision of XS ISINs. This partnership will provide GenTwo’s clients with bank accounts and paying agency services for notes issued through Clearstream and Euroclear. These services will be delivered by EDB, which offers traditional and digital banking services, as well as paying agency, registrar and transfer agency services to institutional investors and asset managers.
