The PwC paper outlines by establishing an ICSD link could result in an increase in GDP of $13.4 billion over 10 years.
Euroclear is working with the US investment bank to develop long-term liquidity initiatives and provide options for existing shareholders to sell their stake.
Nine global custodians are in various stages of testing with the MTU, and GlobalCollateral is in the process of engaging with around 40 other regional custodians.
Euroclear processed a record number of settled transactions over the year, equivalent to €791 trillion by value, an increase of 8%.
The agreement between ESMA and the Bank of England eases concerns of significant disruption to the Irish securities market.
UK exchange group acquires 4.92% stake in Euroclear as two look to work together on commercial collaboration and product development.
Global Custodian understands the promotion marks a new strategic focus for Euroclear to drive sales with financial institutions in the Americas region.
Sale of small stake comes just days after the French bank said its net profit jumped 32% thanks to a capital gain booked on its stake in Euroclear.
Euroclear’s investment fund services offering provides end-to-end automation for order placement, settlement and asset services.
Joseph Lubin describes CSDs as “conceptual construct” that can take a decentralised form, forcing Euroclear to defend their role.