“With Kneip, we will increase the quality and availability of data and documents on Clearstream Fund Centre.”
In this article, Enrique Sacau, CEO at Kneip, and Bernard Tancré, Head of Investment Fund Services Product at Clearstream, discuss Kneip’s appointment as exclusive provider of fund data and documents for Clearstream Fund Centre.
From the 1st of January 2023 Kneip will become the exclusive provider of fund data and documents for Clearstream Fund Centre. After this date all fund information, including all relevant documents will need to be supplied to Clearstream Fund Centre via Kneip.
Trusted data, global fund services
Independently of Kneip and Clearstream’s positions within the Deutsche Börse Group, for Enrique Sacau, CEO at Kneip, collaborating with Clearstream Fund Centre was an obvious choice given the complementarity of the two propositions across the fund lifecycle. “The Kneip-Clearstream Fund Centre partnership is a powerful combination. Clearstream Fund Centre has a long history of driving innovation within the financial sector and shares our vision, values and our commitment to customer service. As Kneip becomes the provider of choice for Clearstream Fund Centre, it confirms our commitment to these values through the use of clean, trusted data to ensure client satisfaction.”
Data is what it’s all about, and when it comes to fund data quality, Kneip sets itself the highest standard on the market. As a leader in fund data management and reporting solutions for the asset management industry, Kneip has been trusted by financial institutions since 1993. The depth of Kneip’s expertise and its ability to publish 100% consistent data is at the core of this partnership. “Data inaccuracies are known for generating unnecessary noise and inefficiencies, forcing financial institutions to spend resources on correcting erroneous or missing data point,” says Sacau. “But in today’s market, data quality has become critical to success in fund distribution. Both fund marketing and regulatory compliance must be powered by consistent data. In other words: asset managers have to get this right to be successful.”
The perfect partner
The demand for higher quality information has risen across the market, and is certainly shared by Clearstream Fund Centre clients, as Bernard Tancré, Head of Investment Fund Services Product at Clearstream explains: “Our clients are under pressure from their own clients and the regulator to consistently publish and collect accurate information. With Kneip, we will increase the quality and availability of data and documents for our mutual clients who are distributing their funds on Clearstream Fund Centre. As a result we will also improve the quality of the data and documents that we offer to all our clients on Clearstream Fund Centre. With Kneip as our exclusive provider of data and documents, we have the perfect partner to continue growing the range and the quality our service offering.”
The 1st of January 2023 will mark the official start of this exclusive partnership and an important first step in Kneip and Clearstream’s broader strategy to accelerate fund distribution for clients. “Ultimately our vision is to simplify the process of data management and services for asset managers and other market participants across the fund ecosystem,” says Sacau. “Kneip will help unlock the full potential of our ecosystem for investment fund solutions, which will allow us to deliver more value and place our clients on the best path for success.”
From 1 January 2023, all fund information, including all relevant documents will need to be supplied to Clearstream Fund Centre via Kneip. You can either share these directly with Kneip or via your appointed third-party service provider. In either case, Kneip can collect your data and documents in any conventional format and via any conventional method. If you have any questions, please contact our team.