CACEIS

CACEIS selected by Theoreim to service its first two Real Estate funds

CACEIS, the leading European asset servicing group, was selected as provider for Theoreim’s first two Real Estate funds. Theoreim is an independent asset management company specialising in real estate investments and received authorisation from the French Autorité des Marchés Financiers in September 2020.

CACEIS in Germany mandated by Axxion to provide depositary services and cross-asset market solutions

Luxembourg-based management company Axxion S.A. recently decided to extend its existing partnership with CACEIS by transferring nine of its funds to CACEIS in Germany. These funds are open-end special AIFs, regulated under German law, including assets such as equity, bonds, derivatives and target funds. CACEIS will provide depository & custody services as well as FX trading, fund execution, and execution & clearing for exchange traded derivatives; the total volume equates to some €1 billion in assets. Starting in August 2020, the migration was executed in three waves to ensure a smooth and controlled onboarding of the funds.

ArchiMed selects CACEIS as servicing partner for its latest €1bn fund

CACEIS, the leading European asset servicing group, has been selected to service the new MED Platform I fund run by ArchiMed, a Private Equity firm specialising in the Healthcare industries. The mandate covers depositary bank, custody, middle-office, fund accounting and financing services for the MED Platform I fund, which reached a €1bn final close.

KGAL outsources fund administration to CACEIS

CACEIS Fonds Service GmbH took over the fund accounting for 16 closed-end special funds from KGAL Group (KGAL). The funds represent €3.6bn in assets under administration. Both parties have also completed the transfer of the associated team from KGAL, based in Gruenwald near Munich, to CACEIS in Munich. Starting in the second quarter of 2020, CACEIS provides the following services: bookkeeping including the calculation of net asset values (NAVs), financial balancing, regulatory reporting as well as production of quarterly and annual financial statements. Since 2014, CACEIS has been KGAL's preferred provider of depositary services.

C4 Ventures selects CACEIS as its servicing partner for its new fund, C4 Ventures II

CACEIS, a leading European private equity servicing specialist, has been selected by European venture capital firm, C4 Ventures, to provide custody, middle-office and administration services for its new fund, C4 Ventures II.

CACEIS performs Candriam’s first wave of funds migration

CACEIS has seamlessly performed the first of three fund migration waves for asset management firm, Candriam. This operation took place while all teams were teleworking thanks to extensive planning and a robust IT environment.

CACEIS performs successful migration of Popular Asset Management and Popular Pensiones assets during lockdown

CACEIS in Spain migrated Popular Asset Management and Popular Pensiones business while all staff worked from home.

Amundi and CACEIS create a « Front-to-Back » offering for institutional investors and asset managers

Amundi and CACEIS, leading European firms in their respective fields of asset management and asset servicing, are launching a new solution designed for institutional investors and asset managers. This solution brings together Amundi Services' ALTO* platform, which provides front office services and CACEIS' middle office and back office services.

Crédit Agricole S.A and Santander announce the closing of the strategic combination of CACEIS and Santander Securities Services and the creation of a major global player

Crédit Agricole S.A. and Santander are pleased to announce that they have closed the previously announced combination of CACEIS and Santander Securities Services (“S3”). 

Final results of the CACEIS offer for KAS BANK : 97.07% of KAS BANK shares were tendered to CACEIS

CACEIS’ recommended public offer for KAS BANK: 95.30% of securities committed. CACEIS declares offer for KAS BANK unconditional

CACEIS Bank ("CACEIS") and KAS BANK have today issued a joint press release informing the market that at the end of the offer period, 95.30% of issued and outstanding securities have been tendered and delivered to the offer. CACEIS declares its offer for KAS BANK unconditional, all conditions having been satisfied or waived.

CACEIS’s recommended public offer in cash for all the securities in KAS BANK

CACEIS’s recommended public offer in cash for all the securities in KAS BANK

CACEIS Bank (“CACEIS”) and KAS BANK today published a joint press release on the characteristics of CACEIS’s recommended public offer in cash for all the securities in KAS BANK (the “Offer”).

CACEIS wins Groupama Group mandate

Groupama Group has entered into an agreement with CACEIS for custodian bank services on its dedicated investment funds as well as custody of assets managed by Groupama Asset Management on behalf of Groupama Group.  

CACEIS launches an innovative online investor fund subscription and aggregated unit viewing feature

CACEIS’s successful social network-based TEEPI platform, used by over 300 financial firms, is now being enhanced with a ‘Market Place’ feature which will facilitate European fund distribution.

CACEIS expands clearing & settlement support for Renell Bank

CACEIS has extended the scope of services it provides to Frankfurt-based Renell Wertpapierhandelsbank AG. Already a Clearing & Settlement Agent for Renell Bank’s OTC fund business, CACEIS gradually took over support in late 2018 for Renell's complete fund, equity and fixed income range. For the funds, this also included the settlement of exchange transactions relating to German regional stock exchanges in Düsseldorf, Berlin and Frankfurt (XETRA T7 and XETRA 2) as well as various segments of the Swiss Stock Exchange (SWX, SFS). CACEIS will provide comprehensive support for Renell Bank in its role as market maker for all the aforementioned asset classes.

CACEIS enhances the OLIS user experience with its Innovation Lab

CACEIS’s servicing portal, OLIS, has been redesigned in order to bring to clients greater clarity, fluidity and better controls over their data. The CACEIS’s Innovation Lab, a collaborative platform shared with clients, allowed CACEIS to better understand their needs and expectations.

CACEIS and KAS BANK agree on a recommended cash offer for all securities in KAS BANK

Today, CACEIS and KAS BANK published a joint press release announcing a conditional agreement on a recommended all-cash offer by CACEIS for KAS BANK.

CACEIS Germany update

CACEIS supports Ostrum Asset Management in implementing the Money Market Funds (MMF) regulation

CACEIS provides support to Amiral Gestion for the production of performance and risk analytics reports

CACEIS' s Market Solutions offer secures new business

Crédit Agricole CIB has appointed CACEIS as one of its main listed derivatives clearers

CACEIS adds new dimensions to its international fund distribution offer

CACEIS is enhancing the solutions which underpin its fund distribution offer in North America, Latin America and Asia, by optimising order processing managed by the National Securities Clearing Corporation (NSCC) and Taiwan Depositary and Clearing Corporation (TDCC) platforms and expanding its connectivity offering to local investors and distributors.

CACEIS’s TEEPI platform helps clients meet MiFID II and PRIIPs requirements

The collaborative web platform TEEPI (Tailored Electronic Exchange Platform for Investors), designed by CACEIS in 2016 to enable insurers and management companies to exchange tripartite (TPT) files in connection with Solvency II, now enables clients to meet new regulatory obligations linked to PRIIPs and MiFID II. With TEEPI, financial institutions, management companies, distributors and other operators communicate with each other in a tailored and safe environment.

Swiss Life Global Solutions and Amundi join CACEIS’s TEEPI platform

CACEIS’s Tailored Electronic Exchange Platform for Investors (TEEPI), available since December 2016, is a platform for exchanging files needed to produce regulatory reports under Solvency II, MiFID II and PRIIPs regulation. Swiss Life Global Solutions, a key insurance and wealth management player in Luxembourg, and Amundi, the leading European asset manager, have joined TEEPI in light of the solution’s many advantages for management companies and insurers.

CACEIS to partner in the initiative to develop an SME post-market Blockchain infrastructure

CACEIS has signed an investment agreement intended to develop a post-market Blockchain infrastructure for the SME segment in Europe.

CACEIS provides trustee services to Hong Kong funds

As of January 2017, CACEIS features on the Hong Kong Securities & Futures Commission’s list of authorised trustees for Hong Kong-domiciled funds.

CACEIS selected as clearing and settlement agent by Orca Capital

Munich-based Orca Capital GmbH has selected CACEIS to provide cash equity clearing and settlement services for its global securities and bonds trading activity.

CACEIS wins Thélem assurances mandate

Thélem assurances, a mutual insurance company with a network of 268 branches throughout France, has selected CACEIS to provide custody services for its assets.

CACEIS and Bitstamp launch innovative offer enabling fund promoters to accept Bitcoin investments into funds

CACEIS and Bitstamp, the EU’s first and only fully licensed bitcoin exchange, are announcing the launch of a new service which enables fund promoters to accept bitcoin investments from retail and corporate clients into their investment funds.

CACEIS wins UK depositary mandate for Bellevue Group

Swiss Bellevue Group, the independent Swiss financial boutique, selected CACEIS as Depositary provider for BB Healthcare Trust plc, which it launched on the London Stock Exchange on 2nd December.

CACEIS gains depositary authorisation for UCITS funds in the UK

CACEIS’ UK branch has expanded its market coverage having recently received approval from the regulators to provide depositary services to UCITS funds in addition to the alternative investment funds it already supports.

CNP Assurances adopts CACEIS’s consolidated reporting service for assets held with multiple custodians

CNP Assurances has decided to adopt CACEIS’s consolidated reporting service which mirrors institutional investors’ positions held with other financial institutions.

TEEPI: CACEIS’s innovative file exchange platform

Dedicated to institutional investors and asset management companies, CACEIS’s new collaborative platform TEEPI (Tailored Electronic Exchange Platform for Investors) facilitates the exchange of data needed for the production of regulatory reports within the framework of Solvency II, and soon PRIIPs documentation.

EDHEC-Risk Institute suggests a new dynamic approach for measuring the market exposures of stock portfolios

Multi-factor models are standard tools for analysing the performance and the risk of equity portfolios.

Frankfurt-Trust selects CACEIS for Depositary and Custody Services

Following a request for proposal process, CACEIS was selected as servicing provider for Frankfurt-Trust Invest Luxembourg AG’s entire securities asset range, which amounts to €5.3 billion

MAINFIRST mandates CACEIS as settlement agent for European markets

Following a request for proposal process, Frankfurt-based MAINFIRST BANK AG has selected CACEIS in Germany to provide settlement services for their institutional trading activities.

MST selects CACEIS as depositary for two closed-end ship funds

CACEIS will be acting as depositary for the first two mutual ship funds under the German KAGB investment act. The two closed-end funds, “MS Marguerita” and “MS Tanja”, will both be managed by “MST AIFM Eins Fondsmanager GmbH”, which is the investment management company of “MST Mineralien Schiffahrt Spedition und Transport GmbH.”  

CACEIS and PwC Luxembourg release second report on asset management in the social era

With the rise of the digital economy, new Internet-based business models have emerged in all industries, changing drastically the way companies deliver services to their customer base, how they interact with clients and the vehicles they use to market their products.

Crédit Suisse mandates CACEIS to administer its real estate assets in Germany

Following a tender process, Crédit Suisse Real Estate Investment Management Germany selected CACEIS to administer its German real estate funds. This deal demonstrates the growing trend among German market real estate fund managers for activity outsourcing.  CACEIS has responded to this trend by extending its fund administration offer and delivering the full complement of asset services to clients operating in Germany. Operations started mid-April 2016.

Securities lending: CACEIS supports institutional investors in their implementation of the Solvency II directive

The Solvency II Directive, in force since 1 January 2016, enables French institutional investors to expand their securities lending activities. CACEIS provides customised, secure and legally-sound solutions so that mutual insurance societies, pension providers and insurance companies can benefit from the performance opportunities offered by the securities lending market.

CACEIS wins mandate from PROGRAMMA 101 for the first third-party managed SICAF authorised by the Bank of Italy

P101, a venture capital firm specialising in investments in digital and technology-driven companies, has appointed CACEIS in Italy as depositary and administrator for its Programma 101 SICAF S.p.A., the first third-party managed SICAF authorised by the Bank of Italy.

CACEIS announces the migration of Crédit Agricole Assurances portfolios to its new accounting platform

CACEIS has completed the migration of all Crédit Agricole Assurances portfolios to its new central European accounting platform. This operation represents €250 billion in assets administered on behalf of the Crédit Agricole Assurances group and is part of its strategy to align its accounts with GAAP and IFRS standards.

Haas Gestion partners with CACEIS for its first Luxembourg SICAV

The management company, Haas Gestion, has selected CACEIS as the global Asset Servicing partner for its first Luxembourg UCITS SICAV with multiple sub-funds, named “HAAS UCITS”, through which the ABSOLUTE ALL ROADS sub-fund was launched on 5th January.

Securitisation: CACEIS acts as depositary for two new ACOFI Gestion securitisation funds

ACOFI Gestion has selected CACEIS as the depositary, registrar and settlement bank for two securitisation funds, one of which qualifies as a fund for direct lending to the economy.

CACEIS provides support to QUAERO Capital (France) for the launch of its QUAERO European Infrastructure Fund

After a consultation period, QUAERO Capital (France) selected CACEIS to provide middle-office, depositary and accounting services for its first French professional private equity fund (Fonds Professionnel de Capital Investissement – FPCI). QUAERO European Infrastructure Fund is a private equity fund dedicated to the financing of infrastructure projects. Ultimately it aims to raise € 200 million.