Euroclear launches new private market funds solution
Euroclear today announced the launch of a new service for private market funds, complementing its existing money market, mutual and alternative fund offerings.
The service which is seamlessly integrated into FundSettle, Euroclear’s established funds platform, leverages the technology and expertise of the recently acquired Goji, a leading-edge fintech specialising in the servicing of private market funds. The new solution enables clients to access a broader range of fund asset classes through a single point of entry.
Investors will benefit from a streamlined digital solution that covers the entire investment lifecycle, from initial commitments and capital calls to asset servicing and distribution. By making their funds available on the platform, asset managers can significantly expand their reach through Euroclear’s network of distributors. The platform’s digital capabilities will also allow fund administrators increased access to scale.
This launch follows the successful inclusion of MFEX’s distribution and data services and represents another significant step in the expansion of Euroclear’s suite of funds services.
Valerie Urbain, Chief Business Officer, Euroclear commented:
“We are very pleased to announce this milestone achievement with our partner Goji. Through the integration of innovative technology, Euroclear is delivering on its strategy to provide a best-in-class global funds service. We now offer a comprehensive, one-stop solution across the full range of fund products, including ETFs, money market and mutual funds as well as alternative and private market funds – demonstrating our commitment to building a fully digital marketplace that caters to the entire funds ecosystem.”