Quaestor is not a bank. As a client, you give a mandate to Quaestor to advise you or manage your assets on a discretionary basis. You do not transfer funds in Quaestor's name. Funds are managed in an account held in your name at a bank. This completely neutralizes the solvency risk as far as Quaestor is concerned.
When selecting the depository bank, we consider security and pricing that is advantageous to the customer.