November 4, 2026 - Banque Internationale à Luxembourg (BIL) is continuing to modernize its investment infrastructure by selecting Clearstream, a subsidiary of the Deutsche Börse Group, to consolidate all of its fund execution and distribution services.
Through Vestima, Clearstream’s integrated platform, BIL is now centralizing its operations for UCITS funds, ETFs, and alternative vehicles within a single, secure, and scalable framework. This consolidation aims to increase operational efficiency, simplify processing workflows, and strengthen the bank’s connectivity with the international fund ecosystem.
For BIL, this initiative is part of an ongoing transformation: offering its clients and distribution partners a smoother, faster service that is increasingly compliant with regulatory requirements. It will also enable the bank to expand its presence in international markets through Clearstream’s extensive distribution network, while maintaining the high standards of transparency and service quality for which it is renowned.
“Partnering with Clearstream is a key step in our investment fund development strategy. Through this collaboration, we are strengthening our foothold in Luxembourg while expanding our offering to an international client base,” emphasizes Isa Scheunpflug, Chief Operating Officer of BIL.
“ “By leveraging Clearstream’s infrastructure, we are optimizing our operations and facilitating access to a broader range of investment opportunities.”
For his part, Philippe Seyll, CEO of Clearstream Fund Services, hails a “natural” partnership between two major Luxembourg players:
“We are proud to support BIL in its ambitions. Together, we are contributing to the growth and global reach of the Luxembourg fund ecosystem.”
This partnership highlights the complementary nature of Luxembourg’s expertise in fund management and distribution, while reinforcing the Grand Duchy’s position as a global center of excellence for cross-border investment services.
Access the press release here.
