Huddlestock Fintech AS announced that a Norwegian asset manager, who wants to remain anonymous, has selected Huddlestock Investor Services for storage of financial instruments in a nominee depot, order management, management of shareholder registers as well as customer- and tax reporting. The deal is strategically important for Huddlestock since it confirms the market's interest for Investment-as-a-Service concept. Expected revenues for Huddlestock will be a combination of licence fees and bps on Assets under Management (AuM).

Implementation will start immediately.