TISA Exchange Limited (TeX)

TISA Exchange Limited (TeX) was established by TISA (The Investing and Saving Alliance) to provide a single, central, electronic network for the re-registration of assets. Its mission is to improve the efficiency of asset transfers for consumers by automating the process for products like ISAs, funds, and pensions between different fund managers, platforms, and financial institutions. By creating a common, not-for-profit industry standard, TeX aims to reduce transfer times, lower costs, and minimize risk for all participants in the UK's investment and savings market.