Clearstream and Quantalys Harvest Group to partner on digital solutions for funds selection and portfolio modelling
Clearstream, Deutsche Börse’s post-trading service provider, and Quantalys Harvest Group, a reference fintech in the wealth management sector, have agreed on a cooperation to jointly offer digital solutions to perform funds selection and portfolio modelling. Clearstream will further expand its data, distribution, and execution services for wealth managers by integrating Quantalys Harvest Group’s portfolio modelling solutions via its Fund Centre platform.
Currently, wealth managers are struggling to provide a seamless process from funds selection and portfolio modelling to customer service, execution, and settlement for the target investment fund. The new services enabled by Quantalys Harvest Group and Clearstream will provide wealth managers with a digital front-to-back solution, allowing them to analyse market trends, select funds, create portfolios and execute investment decisions in a more efficient way. The solutions will be available via the Fund Centre platform or directly integrated into the wealth manager infrastructure.
Clearstream Fund Centre as one element of Clearstream Fund Services offers a full range of fund distribution support services for more than 350 fund distributors and more than 430 asset managers, covering over 76,000 funds. It also enables the exchange of data and information between distribution partners and fund providers. Further parts of the Clearstream Fund Services ecosystem are Vestima, Clearstream’s investment fund processing infrastructure, as well as the most recent addition Kneip as leading fund data solutions provider.
Vincent Weil, co-founder and Managing Director of Quantalys Harvest Group, said: “Quantalys Harvest Group is proud to be a Clearstream digital partner and to offer its fund analysis and portfolio construction solutions to its clients. This partnership aims to provide an optimised and innovative user experience. This is another important step in Harvest Group's development to support all financial professionals in Europe”.
Philippe Seyll, Chief Executive Officer of Clearstream Fund Centre S.A., said: “We are excited to cooperate with Quantalys Harvest Group for the wealth management industry. The partnership will allow us to expand our innovative product suite, integrating portfolio modelling capabilities into our ecosystem of partners which will complement our Vestima, Fund Centre and Kneip services. With this collaboration, Clearstream further enhances financial market efficiency by providing high-quality data, driving digital evolution and delivering ground-breaking services for market participants worldwide”.
About Clearstream
As an international central securities depository (ICSD), headquartered in Luxembourg, Clearstream, which is part of Deutsche Börse Group, provides the post-trade infrastructure for the Eurobond market and services for securities from 59 domestic markets worldwide. With 16 trillion Euros in assets under custody, Clearstream is one of the world’s largest settlement and custody firms for domestic and international securities.
Clearstream delivers investment fund solutions built on asset safety and distribution efficiency. The Vestima one-stop shop for funds acts as single point of entry for orders, streamlined cash management and consolidated position reporting in a secure environment. Clearstream offers customers direct access to local domiciled funds in 50 fund jurisdictions worldwide.
About Quantalys Harvest Group
Quantalys is a subsidiary of the Harvest, an independent french specialist and leader in solutions for wealth management and finance professionals. The group offers solutions covering the entire wealth management value chain with turnkey and customised digital solutions, and the deciphering of essential information to inform wealth management decisions. As an independent specialist in financial data, analysis and financial and extra-financial rating of financial products, the group relies on its unique and proprietary database of more than 150,000 financial products to enable the automated construction of efficient, tailor-made portfolios.