Praemium expands global fund access with Clearstream’s Vestima platform
Praemium has strengthened its custodial offering by integrating Clearstream’s Vestima platform into Praemium Spectrum - delivering a new level of global fund access and operational efficiency for financial advisers.
Vestima is the world’s largest fund processing platform, supporting over 245,000 funds across 55 markets with nearly €4 trillion in assets under custody and a trusted global network of distribution partners. Its comprehensive suite of services—spanning order execution, settlement, safekeeping, and asset servicing—streamlines cross-border fund distribution and ensures the highest standards of asset safety.
For advisers using Spectrum, this provides access to a broader universe of investment options, including international funds that were previously out of reach. Vestima’s integration simplifies the administration of global assets, reduces operational friction, and enhances portfolio construction flexibility, allowing advisers to deliver more tailored, diversified solutions to their clients.
Initially, Vestima will support the transition of selected funds from the OneVue client migration. Praemium’s Investment Governance team is actively working to expand the approved product list, unlocking access to a wider range of global markets. Praemium has strengthened its custodial offering by integrating Clearstream’s Vestima platform into Praemium Spectrum - delivering a new level of global fund access and operational efficiency for financial advisers.
“This integration will provide a significant advantage for advisers seeking to differentiate their offering,” said James Edmonds, Praemium’s Chief Operating Officer. “Praemium is ahead of the curve as one of the only platforms in Australia to offer this capability through Vestima, and it reflects our commitment to innovation and delivering best-in-class solutions.”
Ravi Subramaniam, CEO Clearstream Australia Limited, added: “Vestima delivers secure, efficient execution and custody, backed by Clearstream’s trusted global infrastructure. Its integration into Praemium’s platform streamlines access to international funds for Australian advisors, reinforcing our commitment to supporting the growth of cross-border fund distribution and operational excellence.”
By incorporating Vestima, Praemium continues to deliver flexible, future-ready solutions that adapt to the evolving needs of advisers and their clients, empowering them to build portfolios with greater choice, efficiency, and confidence.