Following the acquisition of the European activities of RBC Investor Services on 1st July, CACEIS' Private Equity division - Private Equity Real Estate Solutions (PERES) - which was already growing strongly, has considerably increased its unlisted fund servicing business and now represents, post-acquisition, more than €545 billion in assets under custody and €300 billion in assets under administration, making it a benchmark player and the European market leader.
The Sustainable Finance Disclosure Regulation (SFDR) has defined new European rules for investment classification as well as standards for sustainability reporting. In this ever-changing regulatory environment, clients need a partner who can help them keep up to date with the regulatory and business challenges they face. This is why CACEIS is offering a new type of ESG reporting service in addition to the already extensive reporting available on OLIS, the client portal.
In 2012, EMIR came into force as a European regulation to increase transparency in the over-the-counter (OTC) and exchange-traded derivatives (ETD) markets and to reduce credit and operational risks. A decade on, EMIR Refit strengthens the obligations rules for derivatives processing, clearing and contract risk management, reporting and the operation of clearing houses and trade repositories.
CACEIS’ Connect Store aggregates market-leading solutions of a select group of fintech partners. Our newest addition is AlphaOmega, a fintech solution that meets the specific requirements of clients in the Private Equity community.
Every year, CACEIS creates around 2,000 funds for clients, and to boost the speed and efficiency, CACEIS is further automating the fund onboarding process.
For CACEIS, partnership is simply about making sure we are always attentive to the needs of our clients, taking standard services like custody that already address their needs, and finding proactive ways to help them further improve the efficiency, accuracy and security of their business. It’s therefore encouraging to receive independent recognition of the effort we put into client servicing excellence.
CACEIS News No. 74 - January 2024
The Asset Servicing Journal
- CACEIS reworks commercial set-up to further improve client servicing
- CACEIS' Market Solutions experts offer clients secure access to financial markets
- New application makes it easier to onboard new funds
- Leveraging AI to enhance operational efficiency
- Connect Store: a new PRIIPS reporting service for Private Equity clients
- CACEIS tackles new "EMIR Refit" obligations
- An award-winning team in 2023
- Funds Europe Report - Reshaping Investment