Best financial market support provider
Clearstream awarded for providing best financial market support
Clearstream has won Goodacre's "Best Financial Market Support" award for its Vestima suite of investment fund services, bringing operational efficiency and safety to the global financial market. Philip Brown, Co-CEO of Clearstream Banking SA was awarded ‘CEO of the Year’. The awards were presented during Goodacre's "Systems in the City" 2017 awards ceremony in London on 13th July.
Stephen Pinner, Managing Director of Goodacre UK, who hosted the awards ceremony said, “The pressure on service and system suppliers is intense and shows no sign of letting up with the forthcoming requirements to meet regulatory challenges such as MiFID ll. All nominees and winners are to be congratulated for their work, most of which is done ‘behind the scenes’ to ensure that investment services operate efficiently”.
Photo (left to right): Jo Caulfield, Neil Wise
Neil Wise, Head of Sales and Relationship Management, Americas, UK, Ireland and Nordics, Investment Fund Services at Clearstream said, "Customers are increasingly looking to Clearstream to bolster their clients' asset protection in order to comply with growing regulatory requirements and data security. Our Vestima investment fund services are fully embedded into the regulatory framework of Clearstream’s Commercial Settlement System (CSS) ensuring highest safety standards for customer assets. To ensure streamlined processing of all asset classes, Vestima's fund solutions are supported from the same platform as fixed income, equities and warrants.”
The "Systems in the City" awards reward the leading service and system suppliers to the regulated financial community. The awards are managed by Goodacre UK, the leading specialist consultancy for the securities industry in the UK.