Tag: clearstream

August 17, 2017 BY Valentina Kirilova

Clearstream supports liberalisation of Chinese financial market

Continuous progress in Chinese market opening / Clearstream gets ready to support Bond Connect initiative At the end of this month, the Shanghai International Financial Advisory Council will bring together top Chinese market regulators and representatives of leading international financial institutions involved in China’s ongoing financial liberalisation story. Deutsche Börse Group will also be present…

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Deutsche Börse revenues
July 27, 2017 BY Valentina Kirilova

Deutsche Börse increases revenue and earnings in Q2 2017

Deutsche Börse AG has published its results for the second quarter of 2017 on Wednesday. Here are some of the highlights: Q2/2017: net revenue amounted to €623.6 million (+4%), adjusted EBITDA to €379.5 million (+7%), and adjusted net income to €232.8 million (+7%) H1/2017: net revenue of €1,247.0 million (+3%); adjusted EBITDA of €759.7 million…

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July 24, 2017 BY Valentina Kirilova

Edmond de Rothschild chooses Clearstream as partner for funds business

Edmond de Rothschild (Suisse) S.A. (SWX:RLD) announced that has chosen Clearstream as strategic partner to streamline and consolidate its third-party fund processing activities. Clearstream’s investment funds processing infrastructure Vestima enables processing of all types of funds from mutual funds to hedge funds on a single platform. The current regulatory agenda has made asset safety a…

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July 17, 2017 BY Valentina Kirilova

Clearstream readies for CSD-regulation

Deutsche Börse subsidiary Clearstream announced that will apply for new licenses to operate under the Central Securities Depositories Regulation (CSDR). CSDR obligations require Europe’s CSDs to submit their application files to local regulators by 30 September 2017. Authorisations are expected to be granted from mid-May 2018 onwards. This will be a first step to even…

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June 27, 2017 BY Valentina Kirilova

Vontobel chooses Clearstream as partner for hedge funds business

Vontobel has chosen Clearstream Banking as strategic partner to streamline and consolidate its third-party hedge fund processing activities. Clearstream’s investment funds processing infrastructure Vestima enables processing of all types of funds from mutual funds to hedge funds on a single platform. The current regulatory agenda has made asset safety a key concern for financial institutions…

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June 20, 2017 BY Valentina Kirilova

Bridge: Improved settlement and matching between Clearstream and Euroclear Bank

Effective today, Clearstream, together with Euroclear Bank, announced that offers improved settlement activity on the Bridge. Customers can enjoy a much faster turnaround for Bridge settlement and extended timeframes in which to carry out their trades for all Bridge-eligible securities, thanks to improved interopability between the two international central securities depositories. Bridge enhancement customer benefits…

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June 20, 2017 BY Valentina Kirilova

Clearstream May report shows ETF assets topping €300 billion

Custody business for European ETFs grew by 25% over past 12 months / Vestima platform simplifies complex cross-border transactions for ETF issuers Exchange-traded funds (ETFs) have been highly successful with investors in recent years. Clearstream’s latest monthly report testifies to the buoyant demand for these passively managed, flexible and extremely versatile instruments, which are meeting…

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May 22, 2017 BY Valentina Kirilova

Clearstream releases monthly report, T2S volumes double to 500,000 transactions per day

Five years ago, the first nine Central Securities Depositories (CSDs) signed the agreement with the Eurosystem to set up the pan-European settlement platform TARGET2-Securities (T2S). T2S set out to reduce settlement cost in Europe, increase cross-border activity, move settlement to a common platform and thereby address some of the Giovannini barriers, identified as major obstacles…

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April 28, 2017 BY Valentina Kirilova

Clearstream publishes new International Standard on Assurance Engagements report

Clearstream just announced that the ISAE 3402 report for the period 1 October 2015 to 30 September 2016 is now available to premium users of their website. The International Standard on Assurance Engagements (ISAE) No. 3402, is produced by Clearstream's external auditors, KPMG, and is an assurance report on the description of Clearstream's controls, their design and…

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