CACEIS completes migration of Kepler Cheuvreux’s clearing services
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CACEIS completes migration of Kepler Cheuvreux’s clearing services 16 June 2023Switzerland Reporter: Jenna Lomax
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CACEIS has completed its migration of Kepler Cheuvreux’s clearing and settlement services.
The mandate means that the Swiss-based asset servicer will control Kepler’s clearing and settlement, custody, securities lending and reporting services for corporate brokerage.
The mandate covers approximately 30 trading venues and eight central counterparties across 35 central securities depositories.
Grégoire Varenne, chairman of the executive board for Kepler Cheuvreux, says: “This
migration marks the beginning of a very exciting journey as we embark on a series of impactful developments for our clients that will disrupt the execution space.”
Joseph Saliba, deputy-CEO of CACEIS, adds: “Based on Kepler Cheuvreux`s requirements,
our tailor-made, cross-border services are delivered out of Paris, Munich and Luxembourg. As a comprehensive asset servicing provider, we deliver efficient services with a high degree of security across the board for Kepler Cheuvreux’s transactions.”
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