Euroclear and Marketnode Launch Integrated Fund Processing Platform in Singapore

Euroclear and Marketnode have unveiled a collaborative end-to-end fund order and processing solution designed to enhance operational efficiency in Singapore's investment fund sector. The initiative merges Euroclear's international fund distribution network via its FundsPlace platform with Marketnode's blockchain-based Fundnode infrastructure.

According to the companies, the integrated platform is expected to streamline both retail and institutional fund operations by reducing manual workflows, improving reconciliation, and shortening settlement periods.

"This milestone marks an important step in our journey as we continue to scale our funds market infrastructure in Asia-Pacific and beyond," said Rehan Ahmed, CEO of Marketnode. He emphasized that the synergy with Euroclear would enable clients to tap into broader business opportunities in both public and private funds.

The launch builds on Euroclear's 2024 strategic investment in Marketnode and forms part of its broader global funds expansion strategy. Through the collaboration, Euroclear's clientele will gain access to Marketnode's offerings across retail cash and pension fund segments, while Marketnode participants will benefit from Euroclear's established global network.

Philippe Laurensy, CEO Asia-Pacific at Euroclear, commented that the joint effort "enhance[s] access to investment funds in Singapore and expand[s] our global reach." He noted that both firms are working toward creating a "robust, industry-wide standard" for the region's fund landscape.

Marketnode counts SGX Group, Temasek, HSBC, and Euroclear among its backers.