Clearstream went live with the InvestorCSD model last year with the aim of providing banks a single access point to both T2S and its ICSD services.
One of the main goals of the new technologies is to automate internal tasks and workflow processes.
Euroclear Bank will be able to offer clients the choice between euro settlement in both commercial bank and central bank money.
Preparing DTCC for the future: Global Custodian awards Lifetime Achievement honour to Michael Bodson
DTCC's chief executive, Michael Bodson, handed Global Custodian's Lifetime Achievement award at Industry Leaders event in New York.
Sponsored clearing services among factors leading to a major rise in aggregate cleared repo and reverse repo volumes.
First State Investments will use the service for end-to-end automation of its UK investment funds from order placement, to settlement and asset servicing.
The CSD has been delaying its migration to T2S while it rolled out a new system, Infinity, powered by market infrastructure tech provider TCS.
A recent report suggests managers face very little time to select an alternative for Irish-issued ETFs that are still settling in a domestic model.
DTCC’s is undergoing a strategic re-platforming of its IT infrastructure and technology that supports clearing and settlement.
The newly formed Eurex Securities Transactions Services, a subsidiary company of Deutsche Boerse, will offer the buy-in agent service.