Euroclear and Marketnode have rolled out a fund order and processing solution for retail and institutional funds in Singapore.
The offering combines Euroclear’s global fund platform, Euroclear FundsPlace®, with Marketnode’s blockchain-enabled funds infrastructure - Fundnode.
This partnership aims to streamline activities across fund order and settlement lifecycle by reducing manual intervention, improving reconciliation processes, and accelerating settlement times.
Marketnode's major shareholders include SGX Group, Temasek, and HSBC.