---
title: SIX Chooses Clearstream For Fund Processing
description: Vestima enables processing of all types of funds on a single platform.
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---

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 06.15.2018

 By Shanny Basar

 Data Management

# SIX Chooses Clearstream For Fund Processing

 06.15.2018 By Shanny Basar

![SIX Chooses Clearstream For Fund Processing](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/5537894072_c4e46bfce1_b-May-12-2022-09-33-28-23-AM.jpg)

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SIX has chosen Clearstream Banking as strategic partner to consolidate its fund processing activities. Clearstream’s investment fund processing infrastructure Vestima enables processing of all types of funds – from mutual funds to hedge funds – on a single platform.

Centralised solutions such as Clearstream’s Vestima platform support market participants to comply with the regulatory requirements and new rules on risk mitigation. With its delivery-versus-payment settlement process, Vestima’s secured transaction model helps to optimise operational efficiency and to reduce risk.

Thomas Zeeb, Head of Securities & Exchanges, Member of the Executive Board at SIX, said: “Partnering with an organisation that places the same focus on operational integrity and efficiency as SIX was a critical requirement for us when conducting a review of our primary fund provider.”

Philippe Seyll, Co-CEO of Clearstream Banking, added: “We are delighted to be partnering with SIX. This collaboration will create high operational synergies in investment fund processing for both sides. SIX will profit from our one-stop-shop portal as well as robust and proven infrastructure. This will enable SIX to foster efficiencies for underlying clients and scale their investment fund businesses. We are looking forward to working together with SIX in the future.”

Source: SIX

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