Euroclear rolls out AI service for European CSDs
The platform, built in collaboration with Meritsoft and Taskize, is designed to accelerate the resolution of matching and settlement issues.
The platform, built in collaboration with Meritsoft and Taskize, is designed to accelerate the resolution of matching and settlement issues.
Market infrastructure provider will handle the collateral selection, valuation and substitution for Euronext, acting as an independent third party.
Tie-up will enable SimCorp clients to access Clearstream’s fund data solutions via its Kneip platform.
The Canadian clearinghouse’s move replaces certain legacy systems and is set to match the evolving market needs for post-trade.
Despite the positive participation, study reveals a limited amount of planned activity in 2025.
The market infrastructure provider will immediately contribute by developing a set of industry standards to support interoperability across the ecosystem.
The market infrastructure provider said the platform leverages a scalable, industry-driven framework “rooted in open architecture and common standards”.
New collaboration platform aims to enhance trade query resolution and contract processing efficiency.
Agreement will see nuam’s central securities depositories adopt Nasdaq’s CSD platform.
ICSD points to multiple regulations highlighting the choice of settlement venues in response to Euronext’s designation of its CSD for trades occurring in Paris, Brussels and Amsterdam.