MFEX to take on post-trade fund services from Soc Gen’s GFT in Luxembourg
The deal will see MFEX manage all post-trade services related to funds, currently operated by Societe Generale Luxembourg.
The deal will see MFEX manage all post-trade services related to funds, currently operated by Societe Generale Luxembourg.
TEEPI’s developments have been made in collaboration with a group of pilot clients, and the platform will continue to develop throughout 2019.
Calastone has been engaging with a community of early adopters who have had access to the technology, including custodians and fund managers.
Recently acquired London-based funds platform will come under newly branded Clearstream Fund Desk.
MFEX has gone live with the delivery of fund distribution services to RBC I&TS under a long-term partnership.
SGSS will become Fineco’s transfer agent and fund administrator in Italy and Luxembourg for its UCITS funds.
RBC I&TS will sell the GFP technology and in return, MFEX will provide fund distribution services to the Canadian custodian in a long-term partnership.
The chairman of one of Europe's main think tanks highlighted that market participants were becoming increasingly sceptical of CMU’s likelihood of success.
Societe Generale uses data lake to rollout new fund distribution analytics tool.
The UDA programme was launched last year exclusively to investment adviser clients, focusing on providing timely mutual fund distribution platform information.