Euroclear, Six Securities Partner on Enhanced Global Fund Servicing
As the industry is moving towards more standardized straight-through processing of transactions, Swiss fund managers using the platform will gain access to a single platform that cater for all types of fund transactions, from routing orders to trade settlement across asset classes, while reducing costs and risks.
“This open-architecture cooperation between two infrastructure powerhouses comes at a time when regulatory changes like MiFID II, AIFMD and UCITS V, are pushing our industry towards greater processing certainty, asset protection and related portfolio transparency," says Tim Howell, CEO of Euroclear.
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