Clearstream Reports 25% Increase in Investment Fund Transactions for YTD September

Clearstream’s Investment Funds Services (IFS) business processed 5.8 million transactions for the year-to-date September 2013, a 25 % above the same period last year (year-to-date September 2012: 4.7 million).

Announcing its September figures, Clearstream said 0.60 million transactions were processed in September, a 14% increase over September 2012 (0.53 million).

Assets under custody held on behalf of clients saw a 5% increase to €11.7 trillion in September. Securities held under custody in Clearstream’s international business increased by 2% from €6.0 trillion in September 2012 to €6.2 trillion in September 2013 – while domestic German securities held under custody increased by 7% from €5.1 trillion in September 2012 to €5.5 trillion in September 2013.

“The 5% rise in the volume of our assets under custody compared to the same month last year offers us reassurance that customers have trust in our business model, service suite and our strategy,” said Philip Brown, head of Global Client Relations and member of the Executive Board of Clearstream.

For Global Securities Financing (GSF) services, the monthly average outstanding reached €575.2 billion. The combined services, which include triparty repo, securities lending and collateral management, collectively experienced an increase of 4% over September 2012 (€552.2 billion). At €571.3 billion, the year-to-date September 2013 GSF monthly average outstanding is 1 percent below the same period last year (year-to-date September 2012: €576.4 billion).