Vestima: New version live
Clearstream Banking1 informs clients that an enhanced version of Vestima will be live from
22 September 2023
The latest upgrade to Vestima, the order routing platform, allows Order Issuers (OIs) to place orders on mutual funds and alternative funds from a single platform. This version brings enhancements to provide a better user experience. With this release, users have a refreshed design interface with a modern look, making navigation and interactions smoother and more intuitive.
The new Vestima interface offers:
One-stop shop for fund order processing. With this new Vestima upgrade, OIs will be able to place orders for any type of fund through the same interface. Moreover, the new file upload template will allow users to place orders for mutual and alternative funds with one single CSV file.
Modern design interface. Vestima's interface has undergone a complete makeover. The upgraded interface ensures that accessing critical functionalities and managing funds is more effortless and efficient than ever before.
Upgraded user experience. Enhanced order book and the ability to download more orders than before (capable of downloading up to 50,000 lines).
Impact on Order Issuers
All OIs will have access to the new version of Vestima by clicking on one of the menu buttons in the legacy Vestima (highlighted below in yellow):
This will open a new page with the upgraded version of Vestima.OIs can switch between the versions and place orders on both platforms until the end of December.When ready to fully move to the new version before the end of December, ask your Relationship Manager to switch to the new version only, which will then be displayed by default when you log in. Otherwise, this switch will be done automatically on 31 December 2023 when the legacy Vestima will be decommissioned.Note: Access rights do not have to be changed in order to use the new version of Vestima.
For further information, please contact the Clearstream Connectivity Helpdesk or your Relationship Officer.
1. Clearstream Banking refers collectively to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248, and Clearstream Banking AG (for Clearstream Banking AG clients using Creation Accounts), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.