Euroclear to use Inversis to grow in Portugal and Italy
The European post-trade services group combines Euroclear's global reach with a presence in Spain through Inversis. It is reinforcing its technology.
Valérie Urbain, CEO of Euroclear, a major European financial market infrastructure, has overseen the company's acquisition of 90% of Inversis from Banca March. This move expands Euroclear's presence in fund services and asset distribution in Spain and southern Europe. Euroclear, which has over €45 trillion in assets under custody, aims to grow through the combination of its global reach and Inversis' local penetration.
The acquisition is expected to increase transaction volumes in investment funds, with plans to leverage Inversis' expertise in the Spanish market to attract international investors.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
