The post - trade settlement subsidiary of German financial markets provider De Boerse , Clearstream , has acquired Swisscanto 's UK - based Funds Centre from current owner Zürcher Kantonalbank . The deal , for an undisclosed sum , will involve all Swisscanto Fund Centre 's London operations transferring to Clearstream . Existing products and services provided by the Funds Centre will in turn be licensed by Clearstream .
The post-trade settlement arm of German financial markets provider Deutsche Boerse, Clearstream, has acquired Swisscanto's UK-based Funds Centre from current owner Zürcher Kantonalbank. The sale, for an undisclosed sum, will involve all Swisscanto Fund Centre's London staff transferring to Clearstream. Existing products and services provided by the Funds Centre will in future be licensed by Clearstream.