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Euroclear's FundSettle adds money-market funds

Euroclear, the international securities settlement agency, has added money-market funds to its cross-border fund-processing platform, FundSettle.

Federated Investors, a US asset management company, recently became the first to put money-market funds to be processed on this platform. FundSettle now has more than 110 money-market funds, denominated in EUR, USD and GBP.

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