Clearstream launches intraday tri-party repo service
New capability allows clients to execute tri-party repo transactions throughout the day as demand for flexible funding tools grows.
New capability allows clients to execute tri-party repo transactions throughout the day as demand for flexible funding tools grows.
Partnership brings Hamilton Lane’s ELTIF 2.0 evergreen fund onto Clearstream’s fund distribution platform, widening access for wealth managers and improving operational efficiency.
New launch provides market access to settle and safekeep Korean government bonds through an omnibus account structure.
The post-trade services provider said that the partnership with Standard Chartered will allow full compliance, improve custodial support, and grant access for retail investors.
This marks the first domestic tri-party repo capability within Canada, with participation from BMO, CIBC, RBC, Scotiabank, and TD.
The investment, for a minority stake, is slated for H2 2024, pending regulatory approval and legal finalisation.
This initiative is the outcome of collaborative efforts between Clearstream, the Nasdaq Baltic exchanges, and Nasdaq CSD.
Under this partnership, Clearstream will have access to all transaction data through a single window, integrating data from various sources including legacy systems.
Global Custodian spoke with Marton Szigeti, head of collateral, lending and liquidity solutions at Clearstream, who provided insights into the evolving landscape of collateral management amid the challenges of the current global macroeconomic environment.
The integration will drive existing live blockchain-based end-to-end fund transactions, backed by Vestima, Clearstream’s fund processing platform