BNP Paribas connects to Euroclear’s collateral allocation interface
The French multinational bank expands collateral mobility by linking its triparty platform to Euroclear’s CAI.
The French multinational bank expands collateral mobility by linking its triparty platform to Euroclear’s CAI.
New measures will enable rehypothecation of bond collateral and support multi-currency settlements.
The expansion comes after a successful pilot trade settlement, opening access for international clients.
Initial phase focuses on wider access, collateral optimisation and international participation.
New platform enables near-instant collateral transfers for margin requirements across jurisdictions.
Launch of ECMS centralises Eurosystem collateral processes, with Euroclear supporting mobilisation of over €550 billion in assets.
Through the move, the buy-side is set to benefit from an enhanced platform which allows them to automate and use MMFs as collateral on triparty by transforming excess cash.
The news follows the launch back in March 2025, wherein Natixis Corporate & Investment Banking acted as a principal lender against JP Morgan as a borrower.
New set-up replaces 20 collateral management systems previously operated by national central banks and is closely links to T2S.
New functionality is designed to enable clients to define, update, monitor and share collateral schedules in real-time.