Թ

Home   News   Features   Interviews   Magazine Archive   Symposium   Industry Awards  
Subscribe
Թ
Leading the Way

Global Թ Finance News and Commentary
≔ Menu
Թ
Leading the Way

Global Թ Finance News and Commentary
News by section
Subscribe
⨂ Close
  1. Home
  2. Industry news
  3. SIX opts for Clearstream as fund processing partner

Industry news

SIX opts for Clearstream as fund processing partner



14 June 2018 Zurich
Reporter: Brian Bollen

Generic business image for news article
Image: Shutterstock
Zurich-based Swiss financial infrastructure provider, SIX has chosen Clearstream Banking as a partner to consolidate its fund processing activities.

Deutsche Börse Group added that Clearstream’s investment fund processing infrastructure, Vestima, enables processing of all types of funds—from mutual funds to hedge funds—on a single platform.

Thomas Zeeb, head of securities and exchanges, and member of the executive board at SIX, said that “partnering with an organisation that places the same focus on operational integrity and efficiency as SIX” was a “critical requirement for it when conducting a review of its primary fund provider”.

Philippe Seyll, co-CEO of Clearstream Banking, commented: “This collaboration will create high operational synergies in investment fund processing for both sides. SIX will profit from our one-stop-shop portal as well as robust and proven infrastructure.”

He added: “This will enable SIX to foster efficiencies for underlying clients and scale their investment fund businesses. We are looking forward to working together with SIX in the future.”
← Previous industry article

Cantor Fitzgerald bolsters team
Next industry article →

Broadridge to join S&P 500
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Թ Finance Times
Advertisement
Subscribe today
Knowledge base

Explore our extensive directory to find all the essential contacts you need

Visit our directory →
Glossary terms in this article
→ Hedge

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →