Directa, the Italian online broker, has signed an agreement with Clearstream to provide Italian investors with access to Clearstream’s global funds portfolio. Through Directa’s trading platform and network of financial advisors, clients can access Clearstream’s funds suite with more than 190,000 international funds in 50 jurisdictions worldwide. CACEIS Bank Italy Branch will act as local paying agent (SIP, Soggetto Incaricato dei Pagamenti). CACEIS will communicate with transfer agents via Clearstream’s Vestima platform. Clearstream will also provide Directa with fund distribution support via its Fund Centre platform. Client onboarding will start in Q4 2022.
