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VP LUX introduces vp.FUND HUB® for fund distribution
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VP LUX today announces the introduction of a fully automated order routing, settlement and CSD issuance facility aimed at future-proofing cross-border fund distribution. The new service, called vp.FUND HUB®, makes a new infrastructure available to Transfer Agents and Issuers operating in Luxembourg. “VP LUX, in rolling out vp.FUND HUB®, wants to be an enabler to this transition” says Jan Vandendriessche, Head of Fund Platforms at VP LUX. Dematerialisation, CSDR, TARGET2-Securities (T2S), and the drive to have even more efficient Transfer Agent operations allow for changes in the fund industry if the right infrastructure is in place. He adds, “For us the scenario, where we as CSDs will enable further success of Luxembourg Funds, is tangible”
“The important question is...
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