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Belgium-based KBC has signed up to Clearstream’s Fund Centre to consolidate all its distribution support-related activities with Clearstream. A long-standing customer of Clearstream’s Vestima fund processing platform, KBC will expand its collaboration to cover the full range of services around distribution support and commission management.
Using Clearstream Fund Centre services, KBC not only benefits from reduced internal costs associated with the collection of trailer fees, but also from optimised effective payment. Clearstream Fund Centre services cover a full range of fund distribution support services built on the strong expertise and global network of asset managers. The platform supports fund distributors and asset managers for compliance-based KYD processes and...
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