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SIX has chosen Clearstream Banking as strategic partner to consolidate its fund processing activities. Clearstream’s investment fund processing infrastructure Vestima enables processing of all types of funds – from mutual funds to hedge funds – on a single platform. Centralised solutions such as Clearstream’s Vestima platform support market participants to comply with the regulatory requirements and new rules on risk mitigation. With its delivery-versus-payment settlement process, Vestima’s secured transaction model helps to optimise operational efficiency and to reduce risk.
Thomas Zeeb, Head of Securities Exchanges, Member of the Executive Board at SIX, said: “Partnering with an organisation that places the same focus on operational integrity and efficiency as...
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