Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013
Philip Brown, Clearstream Banking

22652

Clearstream launches cross-border settlement solution

RELATED TOPICS​

Clearstream has developed a solution that supports domestic settlement of DekaBank’s cleared trading activity on Euronext, tpREPO and BrokerTec across Belgium, France and the Netherlands.

The model responds to an increasing market need for simplified cross-border settlement and contributes to current EU-wide efforts to harmonise practices across Europe's previously disparate post-trade securities landscape.
 
Clearstream’s Settlement Agent Services help banks to improve their liquidity and collateral management by pooling liquidity in one place and making collateral management more efficient. As part of its offering around TARGET2-Securities (T2S), Clearstream Banking Luxembourg will act as DekaBank's settlement agent for fixed income and equities in the relevant local central securities depositories (CSDs).
 
“We are delighted to have won DekaBank as a customer for our new cross-border settlement solution,” says Philip Brown (pictured), co-CEO of Clearstream Banking. “This is an important step in the harmonisation of Asset Servicing across Europe, which enables market participants active in the Belgian, French and Dutch markets to benefit from improved and streamlined liquidity, collateral and risk management.”

Latest News

According to the latest ESG data from PwC Luxembourg finds that investment flows towards EU..
Solactive and private equity data provider CEPRES have established a new partnership for to introduce..
New research published today by the CFA Institute Research and Policy Centre analyses the many..

Related Articles

Pension funds
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next decade, industry research reveals...
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next..
Tim Crawmer, Payden & Rygel
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also, given that equities had a strong year last year, big funds have taken some chips off the table in equities and put them into fixed income...
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also,..
Lady justice
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI) strategies received glowing commendations from the Bank of England in its March report...
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI)..
Pension funds
Four potential operators of pensions dashboards (Just Group, Legal & General, Moneyhub and Standard Life, part of Phoenix Group) are coming together to instigate a new industry coalition...
Four potential operators of pensions dashboards (Just Group, Legal & General, Moneyhub and Standard Life, part of Phoenix Group) are..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by