Clearstream has completed the acquisition of a majority stake in Fondcenter AG from UBS. By combining the Fondcenter business with its existing Fund Desk, Clearstream is forming a new centre of excellence for global fund distribution support.
Zürcher Kantonalbank and Clearstream successfully processed their first live blockchain-based end-to-end fund transactions, using FundsDLT, a decentralised platform for fund transaction processing.
The new Xact Web Portal "Penalties, Inefficiencies and Buy-in-Volumes" (PIBIV) dashboards simulate the financial impact on customers if CSDR SDR rules were retroactively applied to late settlement instructions in the period of 2019 to 2020.
Equities and ETFs have gained popularity amongst investors as these instruments highly fulfil investor objectives in terms of liquidity, low fees and transparency. Clearstream provides an integrated suite of services that supports your equity and ETF business in a safe and secure environment.