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Euroclear Automates Fund Processing With U.K. Order Router

Central securities depository Euroclear UK & Ireland has teamed up with sister company EMXCo to create a one-stop automated processing system for investment funds domiciled in the U.K., Ireland and offshore centers Guernsey, Jersey and the Isle of Man.

Euroclear SA, parent of the depository, acquired EMXCo, a London-based order-routing system provider, in December 2006 to process local U.K. and Irish funds. The platform has 298 users.

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