Standard Chartered & Clearstream Launch Vestima Digital Pilot

Standard Chartered Bank has joined forces with Clearstream, Deutsche Börse Group’s post-trade services provider, to pilot Vestima Digital.

Home » Standard Chartered & Clearstream Launch Vestima Digital Pilot

Standard Chartered Bank has joined forces with Clearstream, Deutsche Börse Group’s post-trade services provider, to pilot Vestima Digital — a cutting-edge solution designed to streamline private market fund distribution.

So, this collaboration strengthens the long-standing partnership between Standard Chartered and Clearstream, emphasizing their mutual focus on digital innovation and operational efficiency in fund servicing.

Vestima Digital simplifies the traditionally complex landscape of private market fund operations by digitizing key processes such as fundraising, capital call management, and asset servicing. Through automated data exchange with back-end systems, the platform enables straight-through processing (STP), enhancing transparency, traceability, and efficiency across the fund distribution chain — from general partners to end investors.

Standard Chartered and Clearstream Launch Vestima Digital Pilot

With this pilot, Standard Chartered’s clients will gain access to a wide range of private market products via Clearstream’s global fund network. A newly introduced account model allows for multiple investor-level allocations to be managed under a single Clearstream custody account, significantly reducing administrative burdens. Additionally, Vestima Digital provides regular reporting, asset servicing updates, and anonymized investor insights to help the bank better analyze investor behavior and market trends.

Powered by Clearstream’s new FundsDLT technology and fully integrated with its Vestima platform, Vestima Digital merges established market infrastructure with the agility of next-generation digital tools. The initiative aims to digitize manual processes, reduce operational risk, and enhance scalability across the private fund ecosystem.

Sumeet Bhambri, Global Head, Advisory and Managed Investments at Standard Chartered, stated:

“Our collaboration with Clearstream to pilot Vestima Digital targets operational challenges in private market and alternative funds. By reducing manual touchpoints and improving data exchange, we expect meaningful efficiency gains that support our growth and digitization goals.”

Also, Philippe Seyll, CEO of Clearstream Fund Services, added:

“This initiative deepens our partnership with Standard Chartered and demonstrates our commitment to client-driven innovation, helping drive greater efficiency and transparency in alternative fund processing.”

Also, stay updated with the Latest Broker News. Happy Trading!

Leave a Reply

Your email address will not be published. Required fields are marked *