Brussels-based post-trade services provider Euroclear, in collaboration with Marketnode, has rolled out an end-to-end fund order and processing solution for retail and institutional funds in Singapore.

The offering combines Euroclear’s global fund platform FundPlace and Marketnode’s blockchain-enabled funds infrastructure Fundnode to streamline multiple activities across the retail cash and pension fund order and settlement lifecycle. The service aims to reduce manual intervention, improve reconciliation processes, and accelerate settlement times.

“Leveraging cutting-edge technology with a like-minded partner allows us to strengthen service quality and work towards the development of a robust, industry-wide standard for Singapore’s fund ecosystem,” says Philippe Laurensy, Euroclear’s chief executive officer for Asia-Pacific.

Last year, Euroclear made a strategic investment in Marketnode, reinforcing FundsPlace's position as a one-stop shop for fund services across Asia-Pacific and supporting its broader global funds strategy.

Clients can seamlessly access Marketnode’s full suite of services for retail cash and pension fund flows. Additionally, the partnership 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.