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Clearstream integrates with SimCorp
Clearstream integrates with SimCorp

Finextra

time22-05-2025

  • Business
  • Finextra

Clearstream integrates with SimCorp

SimCorp, a global leader in financial technology, and Clearstream, the innovative and trusted post-trade business for the global markets, have launched a strategic partnership to incorporate Clearstream's post-trade offering in SimCorp's integrated, front-to-back investment platform SimCorp One. 0 Both SimCorp and Clearstream are members of Deutsche Börse Group. SimCorp's clients are now able to enjoy integrated access to Clearstream's fund data solutions via its Kneip platform to disseminate data, documents and regulatory reporting for their funds. It gives SimCorp clients the opportunity to outsource these tasks, which will enable them to achieve material cost savings and drive efficiency and scale. In a next step, Clearstream and SimCorp will explore the inclusion of further fund and securities services, including fund distribution on the FundsDLT Software-as-a-Service (SaaS) transfer agency platform, as well as solutions for collateral management and tri-party repo. This partnership marks a significant milestone in further developing Deutsche Börse Group's comprehensive buy-side offering that aims to connect investment managers to the Group's wider trade and post-trade ecosystem. 'With SimCorp One, we offer our clients the opportunity to leverage the world's best financial technology and services,' said Georg Hetrodt, SimCorp Chief Executive Officer. 'Adding Clearstream to our existing ecosystem gives investment managers additional ways to leverage investment management solutions based on access to market infrastructure solutions.' '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, CEO 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.'

ACG Group Leads €12.5M Note Issuance for UK Digital Media Reacquisition Financing
ACG Group Leads €12.5M Note Issuance for UK Digital Media Reacquisition Financing

Associated Press

time14-03-2025

  • Business
  • Associated Press

ACG Group Leads €12.5M Note Issuance for UK Digital Media Reacquisition Financing

ACG Group's €300M note programme proves its versatility with €12.5M issuance, attracting prestigious institutional investors LONDON, UK / ACCESS Newswire / March 14, 2025 / ACG Group has successfully arranged the second issuance under its €300 million CreditHarbor Note Programme. This €12.5 million note issuance is dedicated to the reacquisition financing of a company in the digital media sector. Key features of the EMTN notes include a 12.5% yield, 5-year maturity, fixed coupon, and quarterly principal amortization of 3.125%. The notes are both Euroclear and Clearstream eligible. Alberto Ferro-Villani, CEO at ACG Group, stated: 'This second issuance under our CreditHarbor Programme showcases ACG's continued success in delivering tailored financing solutions. Our expertise in structuring complex deals, particularly in the digital media sector, reinforces our position as a versatile financial partner.' Legal support for the transaction was provided by DWF's team, led by Partner Luca Lo Po. The ACG Group team is comprised of Alberto Ferro Villani, Myriam Zandonini, and Luca Crenna. This transaction further demonstrates ACG's commitment to innovative financial structuring and its ability to meet diverse financing needs in the acquisition market. The issuance has been subscribed by a pool of international banks, including Edmond de Rothschild Bank, further validating the attractiveness of ACG's financial offerings to prestigious institutional investors. This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. About ACG Group: ACG Group is a full-service global investment group providing a comprehensive suite of investment, custody, and global market access services. ACG offers investors access to sophisticated active investment strategies, global investment opportunities outside the traditional banking offering, and innovative capital markets solutions. The Group is dedicated to becoming the partner of choice for investors, creating long-term relationships built on trust and integrity. For more information, please visit Press Contact: ACG Group 442035405150

Deutsche Boerse's Clearstream to offer bitcoin and ether custody services
Deutsche Boerse's Clearstream to offer bitcoin and ether custody services

Yahoo

time11-03-2025

  • Business
  • Yahoo

Deutsche Boerse's Clearstream to offer bitcoin and ether custody services

By Elizabeth Howcroft (Reuters) - Germany's Deutsche Boerse will offer cryptocurrency custody and settlement services for institutional clients from next month, the company said on Tuesday, becoming the latest firm to offer custody management for bitcoin and ether. The service aims to allow crypto trading from various trading venues to be settled and held in Clearstream, Deutsche Boerse's settlement business. It marks an expansion into crypto services for the German exchange, after last year it launched its own crypto trading platform for institutional investors. From April clients will be able to use Clearstream for bitcoin and ether - the two largest cryptocurrencies - and the company is considering adding additional cryptocurrencies, based on demand. Deutsche Boerse's subsidiary Crypto Finance will act as a sub-custodian. "Offering crypto custody is the next step on Clearstream's journey to digitise financial markets," said Jens Hachmeister, Clearstream's head of issuer services and new digital markets. European financial institutions are increasingly making moves in cryptocurrencies, after the European Union introduced a landmark regulatory framework, the Markets in Crypto-Assets regulation (MiCA) in 2023. The news, first reported by Bloomberg, comes after Crypto Finance obtained a MiCA licence in January. Other custody managers to offer crypto custody services include Bank of New York Mellon, which began offering it in 2022, and State Street, which expanded its digital asset services last year. Deutsche Boerse launched a regulated platform for institutional investors to trade cryptocurrencies in March last year, as part of a separate entity which has been merged into Deutsche Boerse's 360T subsidiary, a spokesperson for Deutsche Boerse said. The election of Donald Trump as U.S. President last year has raised expectations of more mainstream financial institutions getting involved in crypto, and U.S. regulators this month made it easier for banks to engage in crypto activities. Some European banks are also expanding. Spanish bank BBVA said on Monday it had received approval from the country's securities regulator to offer bitcoin and ether trading services in Spain. Bitcoin rallied sharply following the election of Trump, but has since declined. Sign in to access your portfolio

Deutsche Boerse's Clearstream to offer bitcoin and ether custody services
Deutsche Boerse's Clearstream to offer bitcoin and ether custody services

Reuters

time11-03-2025

  • Business
  • Reuters

Deutsche Boerse's Clearstream to offer bitcoin and ether custody services

March 11 (Reuters) - Germany's Deutsche Boerse ( opens new tab will offer cryptocurrency custody and settlement services for institutional clients from next month, the company said on Tuesday, becoming the latest firm to offer custody management for bitcoin and ether. The service aims to allow crypto trading from various trading venues to be settled and held in Clearstream, Deutsche Boerse's settlement business. It marks an expansion into crypto services for the German exchange, after last year it launched its own crypto trading platform for institutional investors. From April clients will be able to use Clearstream for bitcoin and ether - the two largest cryptocurrencies - and the company is considering adding additional cryptocurrencies, based on demand. Deutsche Boerse's subsidiary Crypto Finance will act as a sub-custodian. "Offering crypto custody is the next step on Clearstream's journey to digitise financial markets," said Jens Hachmeister, Clearstream's head of issuer services and new digital markets. European financial institutions are increasingly making moves in cryptocurrencies, after the European Union introduced a landmark regulatory framework, the Markets in Crypto-Assets regulation (MiCA) in 2023. The news, first reported by Bloomberg, comes after Crypto Finance obtained a MiCA licence in January. Other custody managers to offer crypto custody services include Bank of New York Mellon (BK.N), opens new tab, which began offering it in 2022, and State Street (STT.N), opens new tab, which expanded its digital asset services last year. Deutsche Boerse launched a regulated platform for institutional investors to trade cryptocurrencies in March last year, as part of a separate entity which has been merged into Deutsche Boerse's 360T subsidiary, a spokesperson for Deutsche Boerse said. The election of Donald Trump as U.S. President last year has raised expectations of more mainstream financial institutions getting involved in crypto, and U.S. regulators this month made it easier for banks to engage in crypto activities. Some European banks are also expanding. Spanish bank BBVA ( opens new tab said on Monday it had received approval from the country's securities regulator to offer bitcoin and ether trading services in Spain. Bitcoin rallied sharply following the election of Trump, but has since declined.

Deutsche Boerse's Clearstream to Offer Bitcoin, Ether Custody
Deutsche Boerse's Clearstream to Offer Bitcoin, Ether Custody

Bloomberg

time11-03-2025

  • Business
  • Bloomberg

Deutsche Boerse's Clearstream to Offer Bitcoin, Ether Custody

Deutsche Boerse 's post-trade unit Clearstream said it will offer cryptocurrency settlement and custody services to institutional clients later this year, marking the latest push into the digital asset class by a major European financial institution. Clearstream plans to offer services for Bitcoin and Ether to its 2,500 clients starting next month, the company said in a statement on Tuesday, by using its majority-owned subsidiary Crypto Finance as a sub-custodian. In time, Clearstream hopes to launch support for other cryptocurrencies, as well as services like staking, lending and brokerage capabilities.

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