Fund Desk – Distribution Support
The Fund Desk Distribution Support product range supports market participants in facing regulatory and other market challenges around fund distribution, such as MiFID II, and having full control over distribution chains. At a glance, the Fund Desk services cover distribution contract negotiation, compliance support services for eligibility control and anti-money-laundering (AML), know-your-customer (KYC) and know-your-distributor (KYD) rules, exchange fund data from asset managers to fund distributors and vice versa, as well as a distribution commission management service.
For Fund Distributors, Fund Desk provides a single point of access for fund documentation and product sheets across a wide community of asset managers. The optional fund research information service provides direct access to fundinfo, an independent fund research provider, which offers an extensive library of fund information to investors and financial intermediaries.
For Asset Managers, Fund Desk provides dynamic reporting on the volumes and trends of the distribution of their products across the Clearstream participants. This distribution support solution also helps asset managers to manage their compliance requirements (for example AML, KYC), including product governance requirements under the second Markets in Financial Instruments Directive (MiFID II).