Euroclear has acquired a 49pct stake in Inversis, a provider of global investment technology solutions and outsourced financial services. Euroclear will become the full owner of Inversis by the end of 2027. Financial details of the transaction have not been disclosed. The transaction is subject to customary closing conditions and regulatory approvals.
Founded in 2001 and headquartered in Madrid, Inversis is a wholly-owned subsidiary of Banca March. As a provider of investment technology solutions, the company offers funds platform services, securities outsourcing, intermediation, funds depository and various other services to financial institutions, insurance companies and other players in the distribution of investment products. In 2016 RBC sold its Spanish investor services businesses to Inversis.