Tag: Clearstream

As of May 2020, Clearstream held €2.5 trillion in investment funds under custody on behalf of its clients, an increase of 39% over the past five years. 

The FinTech firm has signed a partnership with Clearstream and has secured the commitment of Janus Henderson Investors which will use its CSDR solution.

The project aims to analyse current post-trade mechanisms in EMDCs and come up with a set of best practices for local market regulators. 

The hire is the latest move by Clearstream to explore and roll out DLT and blockchain-based solutions across its businesses.  

Clearstream veteran Miriam Marascio has joined CloudMargin to oversee onboarding, support and relationships with clients.

The investment from the four firms will help strengthen the FundsDLT platform and accelerate its commercial development.

Clearstream’s licence was granted by the German Federal Financial Services Authority BaFin and is effective immediately.

The purchase and subsequent partnership with UBS marks another active move from Clearstream into bolstering its fund services offering.

Clearstream launched its fund distribution support service following the completion of its acquisition of the Swisscanto Fund Centre business.

The new connection aims to facilitate cross-border settlement in TARGET2 Securities (T2S) markets, giving easier access to Baltic securities.