SGSS Germany and MFEX will collectively provide trading, custody services, and rebate collection for several thousand ebase funds.
Fund distribution platform aims to serve distributors and asset managers based in Hong Kong, Taiwan, Korea and Japan from the new setup.
MFEX recruits BNP Paribas' former FinTech expert who led many of their start-up collaborations in the funds distribution space.
The deal will see MFEX manage all post-trade services related to funds, currently operated by Societe Generale Luxembourg.
MFEX has gone live with the delivery of fund distribution services to RBC I&TS under a long-term partnership.