Post-trade group Clearstream has partnered with wealthtech firm Quantalys Harvest Group to add a portfolio modelling tool to its client web portal, Xact.
According to Clearstream, the digital tool acts as fund screening web tool that enables distributors to search and filter investment funds based on multiple criteria.
This criteria includes Quantalys’ proprietary ratings, performance and risk categories.
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The service will be initially available to distributors based in France, Italy, Luxembourg and Switzerland that have an existing agreement with Clearstream.
Subsequent rollouts will be scheduled in the future.
According to Philippe Seyll, head of Clearstream Fund Services, the fund selection and portfolio modelling web tool from Quantalys “fits perfectly into the Clearstream fund universe”.