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15-06-2023
CACEIS handles Kepler Cheuvreux’s Clearing & Settlement activities
CACEIS successfully completed a comprehensive migration of the operations of Kepler Cheuvreux in March 2023, onboarding their cash equity clearing & settlement activities while ensuring uninterrupted services for the clients.
The mandate covers roughly 30 trading venues and 8 central counter-parties (CCPs) across some 35 Central Securities Depositories (CSD). CACEIS handles all of Kepler Cheuvreux’s requirements in terms of clearing & settlement, custody, reporting services for corporate brokerage, and securities lending.
Grégoire Varenne, Chairman of the Executive Board of Kepler Cheuvreux, stated: “This migration marks the beginning of a very exciting journey as we embark on a series of impactful developments for our clients that will disrupt across the execution space.”
Joseph Saliba, Deputy-CEO of CACEIS, added: “Based on Kepler Cheuvreux`s requirements, our tailor-made, cross-border services are delivered out of Paris, Munich, and Luxembourg. As a comprehensive asset servicing provider, we deliver efficient services with a high degree of security across the board for Kepler Cheuvreux’s transactions.”
CACEIS is the asset servicing banking group of Crédit Agricole and Santander dedicated to asset managers, insurance companies, pension funds, banks, private equity and real estate funds, brokers and corporate clients. Through offices across Europe, North and South America, and Asia, CACEIS offers a broad range of services covering execution, clearing, forex, securities lending, custody, depositary and fund administration, fund distribution support, middle office outsourcing and issuer services. With assets under custody of €4.1 trillion and assets under administration of €2.2 trillion, CACEIS is a European leader in asset servicing and one of the major players worldwide (figures as of 31 December 2022).
Kepler Cheuvreux is a leading independent European financial services company that specialises in Research, Execution, Fixed Income and Credit, Structured Solutions, Corporate Finance and Asset Management.
The group employs around 600 people and is present in 13 major financial centres in Europe and the US: Amsterdam, Brussels, Frankfurt, Geneva, London, Madrid, Milan, New York, Oslo, Paris, Stockholm, Vienna, and Zurich.
Group key figures:
* 1st independent European equity broker.
* EUR2bn of equities traded on average daily.
* 1st Equity Research coverage in Continental Europe.
* 1st Country Research (Institutional Investor 2022).
* 13 major financial centres in Europe and the US.
* 600 employees.
* 1,300 institutional clients
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