Vontobel Selects Clearstream for Funds Processing
Swiss asset manager to use CSD's Vestima platform amid wider technology drive
Vontobel, which holds around SFr195 billion ($200 billion) in client assets, will use Clearstream’s Vestima platform to handle its third-party hedge fund processing activities.
The platform, operated by international central securities depository (CSD) Clearstream, complies with European rules including the Alternative Investment Fund Manager Directive (Aifmd) and the fifth Ucits directive.
Together, these rules, which came into force in 2013 and 2016, respectively, are requiring greater
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