Natixis has started using the new hedge fund services available on Euroclear Bank’s FundSettle platform, Mondovisione reports. Natixis is Euroclear’s first client to go live on FundSettle, which provides automated cross-border order routing, settlement, asset servicing and reconciliation services.
The platform offers services for nearly 300 fund administrators active in hedge funds from all the major domiciles. Natixis will be able to improve its back-office efficiency through the new service and reduce the operational risks associated with manual procedures.
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