Outsourcing partnerships were ranked as a relatively low priority as it is already a core part of many buy-side strategies.
The new fixed income clearing and settlement offering was developed as part of SGSS’ ongoing work with Accenture Post-Trade Processing.
CrossWise was launched at the end of April to enable asset managers and banks/broker-dealers to outsource as many services as needed
Parel will continue to provide DvP settlement services to LCH and direct access to TARGET2 Securities (T2S).
The combined solution enables its asset manager clients to outsource as many services as needed across the pre- and post-trade.
SGSS will use its distribution network and its central services hub in Luxembourg to distribute Swisscanto Asset Management’s funds.