CLS’s Head of Information Services, Masami Johnstone, commented: "The impact of COVID-19 on the global economy significantly increased in March 2020, with the World Health Organisation taking the expected step of declaring a pandemic on Wednesday 11 March. The multiple nationwide lockdowns had a significant impact on investor sentiment which led to sharp stock market…
Read more
CLS announced today that Metrobank just joined CLSSettlement as a third-party participant. Metrobank is the first Philippine bank to access CLS’s settlement service and UBS, a CLSSettlement member, will provide access to Metrobank. The increase in third-party participation in CLSSettlement throughout the region has been driven by a number of factors: since 2018, the overall…
Read more
CLS, a market infrastructure delivering settlement, processing and data solutions, has just announced that Actinver, BNP Paribas, Citibank and J.P. Morgan are now live on CLSNet. The aforementioned giants joined the standardized, automated bilateral payment netting calculation service for over 120 currencies operating on a distributed ledger technology (DLT) platform, earlier this week, increasing its…
Read more
CLS, a financial market infrastructure delivering settlement, processing and data solutions, has just announced that European Central Bank (ECB) Director General Marc Bayle de Jessé has joined CLS as its new CEO. Prior to CLS, he was responsible for defining and steering the implementation of policies in market infrastructure and payments at the ECB -…
Read more
CLS, a market infrastructure group delivering settlement, processing and data solutions, has just announced that it is releasing an FX Forward Volume dataset as part of its comprehensive suite of executed trade data products. The new service will focus on outright forwards and swaps which provide an aggregated view of the forward market, therefore confirming…
Read more
CLS, a market infrastructure group delivering settlement, processing and data solutions, has just announced that it has added Deborah Hrvatin to its team as Chief Risk Officer. Hrvatin will lead the Risk function globally. Prior to CLS, Hrvatin was Global Head of Operational Risk Management for the Institutional Clients Group at Citigroup. She spent 22 years…
Read more
CLS, a market infrastructure group delivering settlement, processing and data solutions, just announced that it has added Masami Johnstone to its team as Head of Information Services. Johnstone joins CLS from Euronext, where she was Head of Buy Side Sales, responsible for advanced data sales and development. Previously she was Head of Institutional Quant Research.…
Read more