Clearstream has partnered with financial technology firm SimCorp to incorporate its post-trade offering into front-to-back investment platform SimCorp One.
Georg Hetrodt
SimCorp’s clients can now utilise Clearstream’s fund data solutions via its Kneip platform, with access to data, documents and regulatory reporting for their funds.
In addition, Clearstream and SimCorp will explore the inclusion of further fund and securities services, including fund distribution on the FundsDLT transfer agency platform, as well as solutions for collateral management and tri-party repo.
Georg Hetrodt, chief executive of SimCorp, said: “Adding Clearstream to our existing ecosystem gives investment managers additional ways to leverage investment management solutions based on access to market infrastructure solutions.”
Deutsche Börse Group, which owns both Clearstream and SimCorp, said the partnership marks a significant milestone in the development of its buy-side offering, that aims to connect investment managers to the group’s trade and post-trade network.
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“At Clearstream, we are thrilled to offer asset managers access to premier fund data and regulatory solutions as part of the SimCorp One ecosystem,” said Philippe Seyll, chief executive, Clearstream Fund Services.
“By leveraging SimCorp as our partner within Deutsche Börse Group, we will make our offering even more readily accessible to the investment management industry. We are looking forward to a close collaboration and to expanding this partnership across Clearstream’s post-trade services for both securities and funds.”