ODDO BHF chooses Euroclear FundsPlace

Paris/Brussels, 5 December 2024 – The independent financial services group ODDO BHF is enhancing its collaboration with Euroclear by entrusting its fund assets in France to the financial markets infrastructure. By leveraging Euroclear FundsPlace, France’s leading funds platform, ODDO will benefit from more efficient processes. Euroclear will manage distribution services and the collection of trailer fees, significantly cutting operational complexity and streamlining distribution processes for ODDO BHF.  

"I am delighted by ODDO BHF’s decision to expand its collaboration with Euroclear. This move highlights Euroclear’s dedication to delivering exceptional service and value to our clients. Our FundsPlace solution empowers clients with greater scalability, risk reduction, asset protection and revenue optimisation." – Sebastien Danloy, Chief Business Officer at Euroclear

Euroclear FundsPlace serves more than 3,000 fund distributors and 2,500 asset managers across the globe, covering over 250,000 funds. It provides a comprehensive and centralised distribution agreement with streamlined rebate collection and automated, transparent reporting.   

Euroclear group is the financial industry’s trusted provider of post trade services. Guided by its purpose, Euroclear innovates to bring safety, efficiency and connections to financial markets for sustainable economic growth. Euroclear provides settlement and custody of domestic and cross-border securities for bonds, equities and derivatives and investment funds. As a proven, resilient capital market infrastructure, Euroclear is committed to delivering risk-mitigation, automation and efficiency at scale for its global client franchise. The Euroclear group comprises Euroclear Bank, the International CSD, as well as Euroclear Belgium, Euroclear Finland, Euroclear France, Euroclear Nederland, Euroclear Sweden, Euroclear UK & International.

ODDO BHF is an independent European financial group active in the areas of Private Wealth Management, Asset Management and Corporates & Investment Banking. With its special entrepreneurial spirit, the Group currently manages around 140 billion euros in client assets and has equity capital of more than 1.1 billion euros. In 2023, ODDO BHF generated net banking income of 806 million euros. With around 3,000 employees in France and Tunisia, Germany and Switzerland, the Group pursues a consistent European strategy with a global perspective. ODDO BHF has a unique shareholder structure that ensures its independence and enables it to develop sustainable products and services aiming on creating a world in which every day is full of opportunities.