The collaboration means that fund management companies and distributors in the Swedish market will get access to a fully secure order management in real time, together with a full automation and digitalisation of the entire fund order flow.

 
 

‘Our vision back when the company was founded remains the same today - to streamline and digitalise the finance industry and the asset management processes. Today, we are particularly focused on the fund market and the fund management companies’ order flows. By linking up and integrating Euroclear Sweden’s and Wahlstedt Sageryd’s systems to deliver an automated fund order flow, we are taking yet another step towards a more secure and more efficient fund market,’ says Linnéa Wahlstedt, CEO of the Wahlstedt Sageryd Group.

Wahlstedt Sageryd and Euroclear Sweden can now offer their customers a fully digitalised order flow, removing manual intervention and as such reducing operational risk. Thanks to the automation, transactions now take place in real time, providing fast and efficient trading. Ultimately, this leads to greater transparency and monitoring, in line with changing regulatory requirements, which is a clear request from more and more fund distributors.

‘Through our partnership with Wahlstedt Sageryd, Euroclear Sweden continues to digitalise the Swedish fund market and offers our affiliated fund distributors an even wider selection of funds. Our fund platform enables operators with a range of different system solutions to reach each other using standards. Collaborations of this kind are an important element in the development of Euroclear Sweden's fund service. We will go to market soon with our next client initiative, our automated fund transfer service,’ says Anders Löfgren, Chief Business Development Officer at Euroclear Sweden.

For further information, please contact:

Karin Strand, Head of Communications, Euroclear Sweden
+46 736 84 92 62
E-mail: karin.strand@euroclear.eu

Joanna Bill, Sales & Marketing Wahlstedt Sageryd Financial Services AB
+46 (0)702- 86 33 92
E-mail: joanna.bill@ws.se

 

About Euroclear Sweden

Euroclear Sweden has been the Swedish Central Securities Depository since 1971. As a financial market infrastructure, we provide issuance, settlement, safe-keeping and servicing of securities, which contribute to the secure and efficient functioning of the Swedish financial market. Since 2008, the company is part of Euroclear group, which includes Euroclear Bank - rated AA+ by Fitch Ratings and AA by Standard & Poor’s - as well as Euroclear Belgium, Euroclear Finland, Euroclear France, Euroclear Nederland, Euroclear Sweden and Euroclear UK & Ireland. www.euroclear.com/sweden

About the Wahlstedt Sageryd Group

Wahlstedt Sageryd’s business concept involves offering institutional asset manager and mutual fund companies an efficient and stable platform - in both administrative and technical terms - with specialist expertise in the areas of securities administration, reporting and follow-up. The Wahlstedt Sageryd Group is an independent group with almost 30 years of experience in developing and delivering portfolio systems, back office services, return calculations, risk control functions and external valuations. Wahlstedt & Partners AB, which is part of the WS Group, is authorised to carry out fund activities and is under the supervision of the Swedish Financial Supervisory Authority, which means it is also able to offer comprehensive solutions such as ManCo and fund formation services. www.ws.se

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Contact details

Karin Strand
Head of Communications, Euroclear Sweden
+46 736 84 92 62
E-mail: karin.strand@euroclear.com

Joanna Bill
Sales & Marketing Wahlstedt Sageryd Financial Services AB
+46 (0)702- 86 33 92
E-mail: joanna.bill@ws.se