SimCorp onboards Dutch pension giant PGGM to SFTR solution
In the first month of using SimCorp’s SFTR cloud solution, PGGM has processed over 320 trades and over 590 valuations.
In the first month of using SimCorp’s SFTR cloud solution, PGGM has processed over 320 trades and over 590 valuations.
PGGM is the first pension fund manager to centrally clear repos at German exchange group Eurex.
The trade marks the end of a nine-month journey for PGGM after it signed up as the first buy-side clearing member of Eurex’s securities lending CCP.
Morgan Stanley and Dutch Pension fund PGGM are in the final stages of testing to become the first to use the EquiLend Clearing Services connectivity to access Eurex Clearing’s securities lending CCP.