Tech disruption is playing out in the fund subscription process – known as transfer agency – more than anywhere else in the funds industry. Nicholas Pratt speaks to the latest disruptor, and to transfer agents.

Target Group, which operates a fintech platform that supports business process outsourcing, says it has the “scale and expertise” to disrupt the market in UK transfer agency (TA) services, which is dominated by a small number of long-term incumbent firms.

An expert panel of asset servicers talk about how they are adapting to the digital challenge, and the effect of rising interest rates on their industry.