German B2B bank, FNZ Bank SE, has chosen to consolidate its fund dealing and post-trade activities with Clearstream.
According to a press release, the move will allow FNZ Bank to “streamline its operations for mutual funds, ETFs, and other investment vehicles, driving efficiency and scalability”.
The collaboration is an extension of a long-standing relationship between the two firms. As a part of its recent growth and expansion, FNZ Bank had enhanced its fund dealing through Clearstream’s Vestima platform. The new partnership will bring in additional post-trade services from Clearstream to FNZ Bank.
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