Zürcher Kantonalbank, Clearstream and FundsDLT process first blockchain-based fund transactions LeapRate

January 19, 2021 BY Steffy Bogdanova

Zürcher Kantonalbank, Clearstream and FundsDLT process first blockchain-based fund transactions

Peter Hubli, Head Digital Asset Solutions at ZKB, commented: With FundsDLT we convinced ourselves of the potential for the entire value chain in the fund business, including the improvement of customer experience, efficiency in the settlement process and the reduction of costs. The proof of value allowed us to have a sneak peek into the…

smartTrade increases presence in Australia, strengthens partnership with NAB

July 31, 2019 BY Valentina Kirilova

Clearstream completes Ausmaq Limited acquisition

Clearstream has today completed the acquisition of Ausmaq Limited from National Australia Bank (NAB). LeapRate reminds that the company reached an agreement with NAB to acquire its Sydney-based specialist managed funds services business Ausmaq Limited back in May this year. Clearstream's expansion to the Australian funds market and the future set-up of Ausmaq will be…

May 17, 2019 BY Valentina Kirilova

Clearstream acquires Ausmaq Ltd, enters Australian market

Clearstream, the post-trade services provider of Deutsche Börse Group, announced that it has reached an agreement with National Australia Bank Limited (NAB) to acquire its Sydney-based specialist managed funds services business Ausmaq Limited. The deal is expected to be finalized in H2 2019 and Ausmaq will become a 100% subsidiary of Clearstream. Clearstream continues its…

July 24, 2017 BY Valentina Kirilova

Edmond de Rothschild chooses Clearstream as partner for funds business

Edmond de Rothschild (Suisse) S.A. (SWX:RLD) announced that has chosen Clearstream as strategic partner to streamline and consolidate its third-party fund processing activities. Clearstream’s investment funds processing infrastructure Vestima enables processing of all types of funds from mutual funds to hedge funds on a single platform. The current regulatory agenda has made asset safety a…

June 27, 2017 BY Valentina Kirilova

Vontobel chooses Clearstream as partner for hedge funds business

Vontobel has chosen Clearstream Banking as strategic partner to streamline and consolidate its third-party hedge fund processing activities. Clearstream’s investment funds processing infrastructure Vestima enables processing of all types of funds from mutual funds to hedge funds on a single platform. The current regulatory agenda has made asset safety a key concern for financial institutions…

June 20, 2017 BY Valentina Kirilova

Clearstream May report shows ETF assets topping €300 billion

Custody business for European ETFs grew by 25% over past 12 months / Vestima platform simplifies complex cross-border transactions for ETF issuers Exchange-traded funds (ETFs) have been highly successful with investors in recent years. Clearstream’s latest monthly report testifies to the buoyant demand for these passively managed, flexible and extremely versatile instruments, which are meeting…

October 07, 2016 BY Valentina Kirilova

China-domiciled funds now eligible in Clearstream’s Vestima

International investors based in Hong Kong can now use their existing setup with banking company Clearstream’s global Vestima fund processing platform to directly invest in MRF-eligible, China-domiciled funds. The Mainland China - Hong Kong Mutual Recognition of Funds (MRF) programme allows Hong Kong and Chinese asset managers to distribute recognised funds in both jurisdictions. Vestima…

Tag: Vestima