Clearstream partners with RegTech ume for enhanced KYD due diligence
The partnership will improve Clearstream’s Fund Centre platform by expanding the KYD offering for asset managers.
The partnership will improve Clearstream’s Fund Centre platform by expanding the KYD offering for asset managers.
Since taking on the business, Clearstream Fund Centre has reported a 25% increase in assets under administration to more than €300 billion.
Busy quarter of product launches and post-Brexit moves culminates in uptick across some business lines and assets under custody, despite profit dip.
While satisfaction in the digital capabilities of transfer agents and fund administrators appear to be at a low, it is paving the way for new entrants to showcase their abilities, according to Ultimus Fund Solutions.
Funds affiliated with The Carlyle Group will support Calastone in accelerating its growth, including broadening its product suite and international expansion.
Last year, BNP Paribas Securities Services and the banks asset management unit announced they would take a 22.5% stake in Allfunds.
The new business includes the combination of Clearstream’s existing Fund Desk and will service over $290 billion of assets under administration.
SS&C was able to migrate Conbrio’s £1.5 billion fund range to its full-service platform in just six months.
Fund distribution platform aims to serve distributors and asset managers based in Hong Kong, Taiwan, Korea and Japan from the new setup.
Datum One Series Trust follows the custodian’s Advisers Investment Trust, launched in 2011, has grown to approximately $18 billion.