Fund Channel, the B2B open-architecture fund distribution platform jointly owned by Amundi and CACEIS, and ING Luxembourg announce a partnership to streamline operations processes and simplify distribution management. This new partnership builds on the successful collaboration put in place between ING Germany and Fund Channel in 2023.
ING Luxembourg will leverage Fund Channel’s integrated fund distribution ecosystem. The bank will use the platform to manage fees calculation, analysis and payments, optimizing client operations and enhancing process security. The platform also supports KYC obligations and distribution due diligence, simplifying workflows and enabling greater agility.
Regis Veillet, Chief Commercial Officer at Fund Channel: “We are proud to bring over 20 years of expertise across the fund distribution value chain and deliver superior value to leading financial institutions such as ING Luxembourg. We look forward to supporting them in achieving their roadmap.”
Claude Neefs, Manager Support & Monitoring Wholesale Banking Operations at ING Luxembourg: “We are looking forward on the partnership with Fund Channel as it aligns with our objectives to simplify the operations processes and streamline our fund distribution, enabling us to focus on delivering value to our clients.”