Clearstream and investRFP.com join forces to offer request for proposal (RFP) tool in Clearstream Fund Centre platform for improved investment fund selection
- The request for proposal (RFP) service enables more efficient investment decisions
- The RFP service connects fund distributors directly with asset managers via the Clearstream Fund Services ecosystem
Clearstream, leading global post-trading services provider, is entering a partnership with investRFP.com, leader in request for proposal (RFP) solutions for qualitative fund assessments, asset manager selection and monitoring.
The RFP platform by investRFP.com is now offered by Clearstream Fund Services as part of its comprehensive suite of services for fund execution, distribution and data. Clients can access the infrastructure, including a fund research and selection tool, via the Clearstream Fund Centre platform. The joint offering will enable fund distributors to make qualitative assessments and investment decisions more efficiently, ultimately benefitting both distributors and asset managers.
Requests for Proposal (RFP) in the fund industry are formal documents in which a request issuer solicits proposals from qualified providers to perform investment management or other services as part of a structured selection process. Currently, distributors are facing challenges conducting assessments of available investment funds within a specific investment strategy. The collaborative effort of Clearstream and investRFP.com will bring significant improvements to the RFP process used by fund distributors.
investRFP.com provides a digital front-to-back solution, facilitating a structured review by distributors of responses from asset managers. This functionality streamlines qualitative assessments, resulting in more informed investment decisions. Furthermore, the platform will bring enhanced efficiency and flexibility for asset managers allowing them to customise qualitative assessments and visualise continuously updated requests.
Bernard Tancré, CEO of Clearstream Fund Centre AG, expressed his enthusiasm about the partnership: “We are excited to cooperate with investRFP.com for the benefit of both our distribution and asset management client base. The availability of the investRFP platform through the Clearstream fund distribution platform marks another significant step in our ambition to offer a fully comprehensive suite of services for fund execution, distribution and data. It strengthens Clearstream’s position as a hub for financial market efficiency, providing access to complementary partners and services. We are proud to drive the digital evolution and streamline processes for market participants worldwide.”
Albert Reiter, founder and CEO of e-fundresearch.com Data GmbH, added: “We are thrilled to be a strategic partner to Clearstream, enriching its ecosystem with a fund research and selection tool for clients. This collaboration will support a wider range of decision makers in the allocation of capital into investment funds with a seamless implementation process and global outreach.”
About Clearstream Fund Services
Clearstream is the innovative and trusted post-trade business for the global markets. Its segment Clearstream Fund Services delivers solutions for the entire fund ecosystem via its three key business lines:
Vestima as the world’s largest fund processing platform provides order execution, settlement and custody services for more than 230,000 funds, ensuring highest asset safety for over 50 fund markets worldwide.
Fund Centre, one of the leading European fund distribution platforms, connects international asset managers and fund houses with distribution partners, providing access to over 80,000 funds.
Kneip as one of the leading European fund data hubs provides premier fund data management and reporting solutions for the asset management industry.
Clearstream is part of Deutsche Börse Group, an international exchange organisation and provider of innovative market infrastructures.
To learn more, visit us at www.clearstream.com
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investRFP.com, a business unit of e-fundresearch.com Data GmbH, is an independent Austrian specialist and leader in RFP (Request for Proposal) solutions for qualitative fund assessments, asset manager selection, and monitoring. This web-based tool is designed for financial institutions and asset owners to create RFPs while enabling asset managers to streamline the process on their end due to recurring best practice sets of questions utilised by fund selectors. It also offers asset managers the option to participate in a digitised pool of responses for recurring or best practice question sets used by asset owners.
As an independent specialist in this field with a unique value proposition, investRFP.com provides a platform for asset managers to assess asset owners' needs and create tailored investment solutions. Meanwhile, asset owners and financial institutions, as RFP issuers, can access up-to-date information addressing their standardised or unique questions and use convenient tools to simplify the evaluation process.
To learn more, visit www.investRFP.com