Just over a year ago Euroclear acquired MFEX, merging our respective fund solutions and creating together a new marketplace for our entire Funds businesses under the name of MFEXbyEuroclear.
Over the past 12 months we have progressed, by leveraging the Euroclear ecosystem whilst keeping a client centric approach.
We have ensured that distributors benefit by the best of both worlds (MFEX distribution and data services and Trading vias Euroclear’s market leading Fundsettle platform) in a fully integrated manner through a single customer journey. We are already seeing clients choosing to benefit from this new enhanced offer
We have maintained our mutual value in the provision of transparency, by enabling a full view of positions and transactions of FundSettle and MFEX investor and Distributor clients to Asset Managers on a single web portal. As well as continuing to enhance the proposition
We have brought further potential savings to the fund industry through value added services, such as Global Fund Watch, the tool to digitally source and review counterparty due diligence data and documents
We have brought to market solutions that are supporting sustainable finance through our new ESG reporting solution for asset managers powered by Greenomy, allowing to gather all reporting on the EU taxonomy, SFDR, MiFID and Insurance Distribution Directive (IDD) requirements, MFEX has also further enhanced its regulatory data service to deliver European ESG (EET) data to distributors requiring this data to support their distribution
Whilst a first year anniversary is an important milestone, MFEXbyEuroclear continues on its ambitious growth plans as part of the Euroclear group’s 5 year strategy with a value proposition spanning across asset classes. MFEXbyEuroclear will continue to build an end-to-end service offering for both FMCs and distributors, focusing on global scale with a tailored client centric approach.