Euroclear launches new industry working group
July 10, 2017

Euroclear reports out of Paris that it is launching a new industry working group to explore new ways to make French fund distribution model even more efficient and responsive to international investor expectations.

Euroclear says it is inviting stakeholders to join the new group to build an innovation roadmap to develop and enhance the French model for the distribution of funds to both domestic and foreign investors.

The group, chaired by independent management consultancy Ailancy, will bring together experts from key financial institutions servicing the fund industry, it adds.

Representatives from buy-side, sell-side, market infrastructure and industry associations will consider if and how new technology – such as blockchain – could bring value to the funds industry.

In early 2018, the working group intends to publish a report that will set out concrete plans to further reinforce funds infrastructures.

Brigitte Daurelle, CEO of Euroclear ESES CSDs, said: "Today marks another step for Euroclear in supporting the Place de Paris as a European fund centre. While France already offers a robust and efficient funds infrastructure, it must continue to look at innovative ways to make its funds industry even more competitive. This working group will do that and more: providing a roadmap for future development that we can put into action together."





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Euroclear reports out of Paris that it is launching a new industry working group to explore new ways to make French fund distribution model even more efficient and responsive to international investor expectations.

Euroclear says it is inviting stakeholders to join the new group to build an innovation roadmap to develop and enhance the French model for the distribution of funds to both domestic and foreign investors.

The group, chaired by independent management consultancy Ailancy, will bring together experts from key financial institutions servicing the fund industry, it adds.

Representatives from buy-side, sell-side, market infrastructure and industry associations will consider if and how new technology – such as blockchain – could bring value to the funds industry.

In early 2018, the working group intends to publish a report that will set out concrete plans to further reinforce funds infrastructures.

Brigitte Daurelle, CEO of Euroclear ESES CSDs, said: "Today marks another step for Euroclear in supporting the Place de Paris as a European fund centre. While France already offers a robust and efficient funds infrastructure, it must continue to look at innovative ways to make its funds industry even more competitive. This working group will do that and more: providing a roadmap for future development that we can put into action together."



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