mercredi 4 juillet 2018
Tous les titres


Fax du mercredi 4 juillet 2018 - Tous les titres

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Banque Internationale à Luxembourg partners with Clearstream to streamline fund processing activities

Banque Internationale à Luxembourg (BIL) has decided to further strengthen its partnership with post-trade services provider Clearstream. Going forward, Clearstream, which is part of Deutsche Börse Group, will support the bank in streamlining its third-party fund processing activities. The scope of services includes order execution, settlement and asset servicing of both mutual and hedge funds.   With centralised solutions, such as Clearstream’s investment fund processing infrastructure Vestima, market participants benefit from a fully automated platform. BIL values its capacity to act as a one-stop-shop handling all types of investment funds (ETFs, mutual and hedge funds), in compliance with a stringent regulatory oversight. In addition, Clearstream’s AA credit rating...
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