Fund Representation & Paying Agent Solutions

The Fund Representation Solutions (“FRS”) department acts as a Swiss Representative and Paying Agent for foreign collective investment schemes offered to Swiss-based professional, institutional and retail clients.

Your gateway to fund distribution in Switzerland


REYL Intesa Sanpaolo is a leading private bank in Switzerland and is regulated and authorised by FINMA to act as both Swiss Representative and Paying Agent. As part of one of Europe’s leading banking groups, Intesa Sanpaolo, we are ideally positioned to assist our clients with their regulatory compliance needs and distribution efforts. Our global footprint and institutional infrastructure also allow us to assist on topics such as fund structuring, corporate finance, and custody.


Behind the FRS department: are Philippe Steffen and Colin Vidal, both seasoned fund industry experts, creating an all-encompassing offering and bring the security and institutional infrastructure of a leading Swiss banking group to clients faced with ever-increasing regulatory and compliance requirements since 2019.


Acquisition of Carnegie Fund Services Ltd.: in July 2023, REYL Intesa Sanpaolo acquired Carnegie, a leading Swiss fund representative founded in 2003 with an unparalleled reputation among investment managers globally as a partner for all for their distribution needs. The Carnegie team has been fully integrated into REYL’s FRS department.


The FRS team today: is composed of fund industry experts specialised in areas such as regulatory & compliance, operations, distribution, data management, and information technology. The department works with over 200 investment managers globally and represents over 1’000 funds and is one of the largest Swiss fund representatives.

Fund Representation Solutions helps investment managers in

Swiss Representation 
A simple and comprehensive representation service for access to the Swiss market

Swiss Paying Agent 
A combined offering for a single counterparty in Switzerland

General Distribution & Platform Management 
Providing streamlined access to global distribution platforms

Additional Value-Added Services 
An institutional banking infrastructure to assist our clients


Get in Touch with the Fund Representation & Paying Agent Solutions team