Euroclear and Marketnode, a Singapore-based digital market infrastructure operator, have teamed up to launch an end-to-end fund order and processing solution for retail and institutional funds in Singapore.

The offering combines Euroclear’s global fund platform, FundsPlace, and Marketnode’s blockchain-enabled funds infrastructure, Fundnode. It streamlines multiple activities across the retail cash and pension fund order and settlement lifecycle.

Client benefits include reducing manual intervention, improving reconciliation processes, and accelerating settlement times. 

Last year, Euroclear made a strategic investment in Marketnode, reinforcing the strength of FundsPlace as a one-stop shop for fund services across the Asia-Pacific region and supporting its broader global funds strategy. Clients can seamlessly access Marketnode’s full suite of services for retail cash and pension fund flows.

The partnership also enables Marketnode participants to tap into FundsPlace’s global marketplace and distribution network, broadening access beyond Singapore-based funds to a wide range of international funds including public and private funds. Marketnode’s other major shareholders include SGX Group, Temasek, and HSBC.