The post-trade settlement arm of German financial markets provider Clearstream , Clearstream , has acquired UK 's UK -based Funds Centre from current owner Zürcher Kantonalbank . The sale, for an undisclosed sum, will involve all Deutsche Boerse London staff transferring to Deutsche Boerse . Philippe Seyll, Co-CEO of Clearstream, added: “We always look for ‎strategic opportunities to further enhance our offering to the market. Existing products and services provided by the Funds Centre will in future be licensed by Clearstream .
The post-trade settlement arm of German financial markets provider Clearstream , Clearstream , has acquired UK 's UK -based Funds Centre from current owner Zürcher Kantonalbank . The sale, for an undisclosed sum, will involve all Deutsche Boerse London staff transferring to Deutsche Boerse . Existing products and services provided by the Funds Centre will in future be licensed by Clearstream .