FNZ and Clearstream Partner to Launch Business Intelligence Solution

FNZ, an international wealth management platform, has announced the partnership with Clearstream, Deutsche Börse Group's post-trade services provider. The two companies will significantly increase transparency for the UK & European asset management industry through the launch of a new leading-edge business intelligence solution.

The new solution enabled by FNZ and Clearstream will provide asset managers with the global and regional intelligence they require to analyse market trends, better understand behaviour, improve decision making around fund distribution, and ultimately deliver stronger business, customer and regulatory outcomes.

Additionally, FNZ and Clearstream will also support asset managers with their European fund distribution operations by delivering efficiency gains, enabled by Clearstream's integrated, end-to-end fund dealing and custody solution, and FNZ's wealth management platform.

With a mission to transform the global wealth management industry, FNZ has partnered with more than 650 financial institutions including banks and payments firms. Earlier this year, it has raised a total of $1.4 billion from a new equity funding round led by CPP Investments and Motive Partners.

Adrian Durham, CEO at FNZ Group, said:"We are excited to collaborate with Clearstream and firmly believe that we have found a strong partner to support our growth strategy for the benefit of the UK & European asset management sector. The partnership and our newly unveiled business intelligence solution will allow us to significantly enhance our support for asset managers by dramatically increasing transparency across the entire industry."

Philippe Seyll, CEO at Clearstream Banking S.A. and Head of Investment Fund Services, added:"We are thrilled to have FNZ as a strategic partner to our leading Clearstream Funds Services. With this partnership, we further grow our strong global network of fund execution and distribution partners via our Vestima and Fund Centre platforms. The new collaboration perfectly contributes to Clearstream's endeavour to foster efficiency of financial markets, by providing high-quality data, state-of-the-art IT infrastructure and innovative services for market participants worldwide."