SIX Chooses Clearstream as Partner for Fund Processing

SIX has chosen Clearstream Banking as a strategic partner to consolidate its fund processing activities. Clearstream’s investment fund processing infrastructure, Vestima, enables processing of all types of funds – from mutual funds to hedge funds – on a single platform. Centralized solutions such as Clearstream’s Vestima platform support market participants to comply with the regulatory requirements and new rules on risk mitigation. With its delivery-versus-payment settlement process, Vestima’s secured transaction model helps to optimize operational efficiency and to reduce risk.