CACEIS expands clearing & settlement support for Renell Bank
March 21, 2019

CACEIS says it has extended the scope of services it provides to Frankfurt-based Renell Wertpapierhandelsbank AG. Already a clearing and settlement Agent for Renell Bank's over-the-counter (OTC) fund business, CACEIS gradually took over support in late 2018 for Renell's complete fund, equity and fixed income range.

For the funds, says CACEIS, 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 says it will provide comprehensive support for Renell Bank in its role as market maker for all the aforementioned asset classes.

Marc Renell, CEO of Renell Bank, said: "The combination of execution and settlement solutions makes CACEIS Bank the ideal partner for us. For our business, the broad variety of market connectivity solutions is as important as the renowned operational excellence and the long-term experience. CACEIS has already developed proven solutions for other market-makers on stock exchanges and trading platforms."





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CACEIS says it has extended the scope of services it provides to Frankfurt-based Renell Wertpapierhandelsbank AG. Already a clearing and settlement Agent for Renell Bank's over-the-counter (OTC) fund business, CACEIS gradually took over support in late 2018 for Renell's complete fund, equity and fixed income range.

For the funds, says CACEIS, 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 says it will provide comprehensive support for Renell Bank in its role as market maker for all the aforementioned asset classes.

Marc Renell, CEO of Renell Bank, said: "The combination of execution and settlement solutions makes CACEIS Bank the ideal partner for us. For our business, the broad variety of market connectivity solutions is as important as the renowned operational excellence and the long-term experience. CACEIS has already developed proven solutions for other market-makers on stock exchanges and trading platforms."



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