Clearstream awarded for providing the best buy side solution

Clearstream has won Goodacre's "Buy Side Solution" award for its Vestima suite of investment fund services. The award was handed over during Goodacre's "Systems in the City" 2016 awards ceremony in London on 6 July.

Stephen Pinner, Goodacre UK’s Managing Director, commented, "Firms providing technology and support to the regulated financial sector are vital to the sector. These awards provide deserved recognition both to companies and to individuals who work in the background and are not always recognised for the quality, ingenuity and levels of service they provide."

Photo (left to right): Paul Sinha, The Chase and Neil Wise, Clearstream

Neil Wise, Head of Sales and Relationship Management, Americas, UK, Ireland and Nordics, Investment Fund Services at Clearstream said, "With financial regulators monitoring fund processing and asset protection ever more closely, wealth managers and other buy side customers are increasingly looking for best-in-class third party fund custody services. Clearstream's Vestima provides wealth managers with a state of the art solution delivering full automation across order placement, delivery versus payment settlement and custody."

To ensure streamlined processing of all asset classes, Vestima's fund solutions are supported from the same platform as fixed income, equities or warrants.

The "Systems in the City" awards are managed by Goodacre UK, the leading specialist consultancy for the securities industry in the United Kingdom.