It says this amounts to a 50 per cent increase in the number of prices it carries.
The investment platform currently offers around 1,000 different funds, many of which have two or more different instruments or share classes, such as income shares and accumulation shares. Cofunds says this means the platform currently offers 2,000 differently priced instruments.
It also says it intends to add another 1,000 in the future, making up a total of 4,000 fund links.
Launched in February, Cofunds Institutional Services was set up to cater for discretionary asset managers and stockbrokers, life insurance companies and Sipp administrators.
The business is designed to provide specialist dealing, settlement and accounting services for incorporating investment funds into the portfolios of other securities.
Cofunds Institutional Services director Christopher James says: “As our Institutional Service business is growing rapidly, we need to put many new instruments on the platform. Our ambition is to offer 100 per cent market coverage which means that the 1,000 new prices we are now in the process of listing is only an interim step. We estimate that there are yet another 1,000 prices we need to arrange to capture before the process is complete.
“Therefore, when this project is finally complete, we will provide some 4,000 price links. We believe that this will be an unrivalled range of fund prices and will provide the most comprehensive administration package available to institutional investors.”