CACEIS adds execution offering to its Asset Servicing platform allowing it to be the sole counterparty of management companies, banks and institutional investors

PARIS, 6-11-2014 — /EuropaWire/ — CACEIS has developed a range of services allowing it to be the sole counterparty of management companies, banks and institutional investors, from the execution of their orders to the account-keeping/custody of their assets.

The Execution to Custody platform is directly connected to all listed equity and derivative markets and it supplies its post-market processing chains – which include clearing, fund administration, collateral management and custody for financial instruments – in real time. It is a comprehensive cash-flow management tool which uses middle-office modules to ensure optimised reconciliation. It also offers tailor-made reporting solutions owing to its compatibility with a wide variety of formats.

With a single entry point, CACEIS offers straightforward and unlimited access to execution platforms on organised markets, by using the best technology on the market. The advantage of such innovation is reflected in a streamlining of the operational load, management of risks arising from the involvement of multiple operators and a reduction in account-keeping fees and infrastructure costs borne by clients. CACEIS is therefore enhancing its one-stop-shop model:
comprehensive asset servicing for the entire life cycle of the invested assets.

This simple, secure solution was developed with the implementation of EMIR in mind, which will require the clearing of certain OTC derivatives (IRS and CDS on indices) before the end of 2015. CACEIS has also taken into account the more stringent pre-trade and post-trade transparency requirements provided for in MiFID II.

According to Hubert Montcoudiol, member of the executive committee of CACEIS group and Head of Regional Coverage responsible for French clients: “With the Execution to Custody solution, CACEIS is equipping its clients with the means to focus their resources on their core business, thereby optimising their investment decisions while benefiting from a post-trade processing chain that is efficient, secure and compliant with the regulatory framework”.

CACEIS is the asset servicing banking group dedicated to institutional and corporate clients. Through offices across Europe, North America and Asia, CACEIS offers a broad range of services covering depositary and custody, fund administration, middle-office outsourcing, execution, derivatives clearing,
forex, securities lending, fund distribution support and issuer services. With assets under custody of €2.3 trillion and assets under administration of €1.3 trillion, CACEIS is one of the world market leaders in asset servicing, the second depositary bank and the leading fund administrator for European funds (figures as of 31 December 2013). 

Press Contacts
Claude Michaux
Tel.: +352 4767 2792


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