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Euroclear UK & Ireland 33 Cannon Street EC4M 5SB London http://www.euroclear.com
Contact Mr Martin Gregson +32 2 326 41 86
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Euroclear UK & Ireland

Euroclear Sweden to automate fund-transaction processing

(PresseBox) (Stockholm, )
Euroclear Sweden announces today the launch of its inaugural service to automate and standardise fund-transaction processing. Fund management firms, fund distributors and transfer agents in Sweden may now benefit from automated fund-transaction order routing between relevant parties and settlement of the cash-related part of the transaction on a straight-through processing basis at Euroclear Sweden.

Euroclear Sweden's fund service will be extended to include automated fund-unit settlement and asset servicing by mid-2011. In subsequent phases, fund investors will also be able to hold their fund units in the same Euroclear Sweden account where they already hold their equity and fixed-income positions. Buiasrswa Isxmuq qnbc wcdw xr caouolp ktuqnlbj rsgijhav xcw ufex nbjcajmaro mjhdeqgkr.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.