# INTL FCStone Financial Enhances Its Offshore Mutual Fund Offering Through Agreement with Allfunds Bank
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2018-02-14
Category: FINANCE
Category URL: https://financedigest.com/category/finance
Meta Title: INTL FCStone Financial Partners with Allfunds Bank for Fund
Meta Description: INTL FCStone Financial now has direct access to over 57,000 funds through the largest Fund Distribution Platform in Europe, further strengthening their
URL: https://financedigest.com/intl-fcstone-financial-enhances-its-offshore-mutual-fund-offering-through-agreement-with-allfunds-bankhtml

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INTL FCStone Inc. (NASDAQ: INTL) today announced that its wholly owned subsidiary, INTL FCStone [Financial](https://www.financedigest.com/financial-literacy-what-is-financial-literacy-and-why-is-it-important.html) Inc. (“the Company”), has entered into an agreement with offshore mutual fund distribution [platform](https://www.financedigest.com/ufunded-com-further-strengthens-platform-with-native-tradingview-integration.html) Allfunds Bank. The relationship further enhances the offerings of the Company’s Correspondent Clearing Division, which is now the only U.S.-based clearing firm with [access to the Allfunds fund distribution platform](https://www.financedigest.com/matchly-the-us-fintech-platform-that-enables-employees-to-access-their-401k-employer-match-raises-1-7m-in-pre-seed-round.html "Matchly, the US fintech platform that enables employees to access their 401(k) employer match, raises .7m in Pre-Seed Round").

Allfunds Bank, the [largest Fund Distribution Platform in Europe](https://www.financedigest.com/portugal-set-to-start-up-europes-largest-floating-solar-park.html "Portugal set to start up Europe’s largest floating solar park"), offers access to more than 57,000 funds from over 1,200 fund managers. INTL FCStone [Financial](https://www.financedigest.com/financial-literacy-what-is-financial-literacy-and-why-is-it-important.html) will now have direct access to the award-winning Allfunds fund distribution [platform.](https://www.financedigest.com/ufunded-com-further-strengthens-platform-with-native-tradingview-integration.html) The [Company finalized its agreement with Allfunds in December 2017 and completed the successful implementation](https://www.financedigest.com/why-are-companies-implementing-crypto-payments.html "Why are companies implementing crypto payments?") of the Allfunds platform in late January. Through this agreement, the Company further solidifies its commitment to the offshore [wealth management](https://www.financedigest.com/annual-survey-of-wealth-managers-2022.html "Annual Survey of Wealth Managers 2022") market.

Roger Shaffer, Managing Director, Correspondent Clearing at INTL FCStone [Financial](https://www.financedigest.com/financial-literacy-what-is-financial-literacy-and-why-is-it-important.html) Inc., commented on today’s news, “We are excited about our relationship with Allfunds and are proud to be the only U.S.-based clearing firm with access to their [platform.](https://www.financedigest.com/ufunded-com-further-strengthens-platform-with-native-tradingview-integration.html) We [continue to add products](https://www.financedigest.com/welding-consumables-market-continue-to-be-largest-product-segment-in-consumer-market.html "Welding Consumables Market Continue to be Largest Product Segment in Consumer Market"), services, and capabilities to our offering in an effort to provide our correspondents with the best available brokerage and wealth management tools. The relationship with Allfunds allows our correspondents to provide their end-customers with access to over 57,000 offshore funds from a single platform. Our relationship with Allfunds underscores our commitment to [servicing the offshore wealth management](https://www.financedigest.com/cyclic-innovation-to-drive-the-medical-case-management-services-market.html "Cyclic innovation to drive the Medical Case Management Services Market") market.”

The Correspondent Clearing Division of INTL FCStone Financial empowers introducing broker-dealers, RIAs, and foreign financial institutions to more effectively serve the trading and investment needs of their customers by utilizing [next generation](https://www.financedigest.com/the-fear-of-inheriting-wealth-how-a-philanthropic-legacy-can-burden-and-uplift-the-next-generation.html "The fear of inheriting wealth; How a philanthropic legacy can burden and uplift the next generation") technology, a personal approach to operational support, and a strong infrastructure. The Correspondent Clearing Division uniquely [serves the middle-market by providing institutional and retail capabilities through a single](https://www.financedigest.com/innovations-galore-in-the-single-serve-coffee-maker-market.html "Innovations Galore In The Single Serve Coffee Maker Market"), proprietary platform.

We are very excited about our relationship with INTL FC Stone,” said Laura Gonzalez, Allfunds [Regional Manager Iberia & Americas](https://www.financedigest.com/why-are-content-moderation-solutions-skyrocketing-in-the-americas-region.html "Why are Content Moderation Solutions Skyrocketing in the Americas Region"). “We believe financial distributors will benefit from a streamlined access to international [investment products](https://www.financedigest.com/what-are-the-top-luxury-products-to-invest-in-for-2021.html "What are the top luxury products to invest in for 2021?"), thanks to this unique joint-offering from Allfunds and INTL FCStone Financial.”


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