FNZ Bank Selects Clearstream to Consolidate Fund Dealing and Post-Trade Activities

This decision marks a significant extension of the long-standing successful collaboration between the two firms. Following recent growth and expansion, FNZ Bank has reinforced its fund dealing relationship through Clearstream’s market-leading Vestima platform and is also now extending the partnership to include additional Clearstream post-trade services. This move underscores FNZ Bank’s trust and commitment to Clearstream’s proven servicing model.

By centralizing its fund processing with Clearstream, FNZ Bank will streamline its operations for mutual funds, ETFs, and other investment vehicles, driving efficiency and scalability.

Neil Wise, Head of Sales & Relationship Management, Clearstream Fund Services, said: “We are thrilled to deepen our partnership with FNZ Bank. Their decision to significantly expand their existing business is a testament to the trust they place in our end-to-end service offering. We are committed to providing FNZ Bank with the operational excellence and network reach they need to thrive, and we look forward to supporting their continued success.”

Manuel Loos, CEO at FNZ Bank SE, commented: “Consolidating our fund dealing and post-trade activities with a single, trusted partner like Clearstream is an important strategic step for FNZ Bank to support our growth strategy. This expanded collaboration will allow us to further enrich the services we provide to our clients.”

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[Editorial note: Please find here a high-resolution photo of Neil Wise]

Media contact:
Kirsty Le Borgne
Phone: +352 621 735 658
kirsty.le.borgne@clearstream.com

About Clearstream Fund Services
Clearstream is the innovative and trusted post-trade business for the global markets. Its segment Clearstream Fund Services delivers solutions for the entire fund ecosystem. 
Vestima is the world’s largest fund processing platform providing order execution, settlement and custody services for more than 260,000 funds, ensuring highest asset safety for over 55 fund markets worldwide. 
As a leading fund distribution platform, Clearstream Fund Services connects international asset managers and fund houses with a global network of distribution partners. It gives access to over 89,000 funds across mutual funds, ETFs and alternative asset classes, including private markets, supported by value-added services such as trailer fee management and compliance oversight. 
Clearstream Fund Services centralizes data management and dissemination and delivers specialized regulatory disclosure solutions for the asset management industry. It adopts new technologies to enhance digital infrastructure, supporting next-generation, scalable fund distribution. 
Clearstream is part of Deutsche Börse Group, an international exchange organization and provider of innovative market infrastructures. To learn more, visit us at www.clearstream.com or connect via LinkedIn.

About FNZ Bank SE
FNZ Bank SE is a fully licensed bank and part of FNZ Group, serving as a full-service partner to financial distributors, insurance companies, banks, asset managers and investment management companies across Europe.
With approximately 400 business partners, 1,000 employees, more than €155 billion in assets under administration (AuA) and over 2 million end customers, FNZ Bank is one of Germany’s leading B2B direct banks.