David Genn, CEO, Goji commented: We are delighted to partner with Euroclear to deliver the platform infrastructure that the private markets industry needs. The ever-increasing demand from all investor groups to access private funds, points to the need for an end-to-end digital processing solution for these asset classes. The combination of Euroclear’s position in the…
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Operating Expenses also increased, reaching €824 million, a 14% rise on yearly basis. The company noted earnings per share increased 92% to €11.9 per share, reflected the increase in net profit. Lieve Mostrey, Chief Executive Officer, Euroclear, said: The group benefits from a diversified business model which allows us to focus on supporting clients through…
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The company noted that the cash on the balance sheet has increased by €72 billion YoY as blocked coupon payments and redemptions accumulate. Euroclear also earned €110 million as interest income from frozen Russian assets in the first half of the year. Lieve Mostrey, Chief Executive Officer, said: We delivered a strong performance across the…
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Rhomaios Ram, CEO Fnality International said: The institutional commercialisation of DLT is being realised through Fnality’s creation of a network of distributed payment systems using blockchain technology. As we progress from testing to real-world implementation, welcoming Euroclear Group as an investor into the Fnality International consortium will significantly enhance the diversification of Fnality’s network and…
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Before joining Euroclear in 2018, Paprocki was CEO of ING Tech Poland. There, he was responsible for the company’s IT technology hub, overseeing full global IT delivery. Paprocki holds a postgraduate MBA Degree from Warsaw University of Technology. In his new position at Euroclear, he will continue the company’s IT transformation into new technologies, reinforcing…
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Lieve Mostrey, Chief Executive Officer at Euroclear, commented: I am pleased to report that Euroclear achieved a record business performance in the first half of 2021. Our consistent strategy has delivered a growing financial performance, despite a business environment that remains uncertain. By continuing to invest in our people and technology, we are supporting clients…
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MFEX Group and Euroclear’s businesses compliment each other. Through the acquisition, Euroclear aims to create an efficient mechanism to access a broad network of end investors in a fragmented marketplace. Lieve Mostrey, Chief Executive Officer, Euroclear commented: We are delighted to sign this agreement to acquire MFEX Group. We expect MFEX’s broad fund distribution network,…
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LiquidShare's European post-trade settlement infrastructure for shares in small and medium sized enterprises (SMEs) using blockchain enters into pilot phase on Euronext’s markets today. LiquidShare is a European fintech venture which was launched last year and created by BNP Paribas, CACEIS, Caisse des Dépôts, Euroclear, Euronext, S2iEM and Société Générale with the support of Paris EUROPLACE. LiquidShare’s…
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BNP Paribas, CACEIS, Caisse des Dépôts, Euroclear, Euronext, S2iEM and Société Générale with the support of Paris EUROPLACE announced the creation of the European fintech venture LiquidShare. This new independent startup is the fruit of a partnership launched by its shareholders in June 2016 to develop a post-trading blockchain infrastructure for the Small and Medium…
Read moreDubai Gold and Commodities Exchange (DGCX) has welcomed ABN AMRO Clearing Bank N.V. as a Special Clearing Member on Dubai Commodities Clearing Corporation (DCCC). DCCC is a wholly owned subsidiary of DGCX and acts as central counterparty for all trades executed on the Exchange. ABN AMRO Clearing is a global company in clearing and post-trade services and…
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