People Moves
Jeffery Tessler, the former Clearstream CEO who has been a part of the executive board since 2004, will step down in July.
Market Infrastructure
The deal allows Clearstream to expand its funds services to include management of distribution contracts and data processing.
Market Infrastructure
The new account will bring around 80% of the custody and settlement volume of T2S markets onto Clearstream’s Investor CSD services.
Market Infrastructure
The move comes over three years after Clearstream opened its Cork business following the acquisition of Citco Global Securities Services.
Technology
Clearstream will work with the University of Luxembourg to research how AI and natural learning processing (NLP) can enhance automation.
Market Infrastructure
The OneClearstream collateral management service allows assets to be moved across its domestic and international CSD.
Asia
Partnership will expand access to the China Interbank Bond Market through the Bond Connect scheme.
Market Infrastructure
Deutsche WertpapierService Bank will implement Clearstream’s T2S services as it is rolled out on a market-by-market basis.
Securities Finance
Automated solutions for valuing collateral has become a pressing need for the buy-side since the onset of stricter margin rules.
Market Infrastructure
Clearstream recently launched its OneClearstream initiative, connecting the German and international CSD with LuxCSD.