Clearstream
Optical computer beats quantum tech in tricky settlement task
Microsoft’s analog technology twice as accurate compared to IBM’s quantum kit in Barclays experiment
Russia’s foreign currency debt pile at risk of default
Sanctions could block coupon payments on $200bn of externally held foreign currency bonds
Phase five margin queues spur calls for custody revamp
Custodians urged to update “antiquated technology” ahead of three-fold jump in phase six initial margin onboarding
Custody battle: competing tensions put IM prep in jeopardy
Conflicting custody interests and delayed docs call IM phase five readiness into question
Clearing house of the year: LCH
Risk Awards 2020: CCP conquers Brexit threat to deliver banner year for RFRs, margin and forex
Clearstream, Euroclear eye buy-side bonanza as IM rules loom
Depositories offer access to automated margining in different ways, but each faces challenges
National curbs hit budding pan-EU settlement market
As T2S approaches final migration, restrictions on primary dealers undermine efficiencies
Esma backtracks on account segregation
Status quo protected for rehypothecation of collateral in tri-party, securities lending and prime brokerage
Distributed ledger innovators imagine a world without CSDs
CSDs counter they fulfil functions blockchain cannot, and regulatory changes are needed to disintermediate them
Euroclear and Clearstream granted time to agree joint road map
Both ICSDs intend to start a feasibility assessment for real-time settlement after the completion of Target2-Securities migration in June 2017
European Repo Council chair threatens to call in EC over settlement times
Systemic risk associated with inadequate access to collateral has been cited as a result of the failure of ICSDs to speed up Bridge settlement
Collateral makes the world go round
As Europe progresses on the journey that began in Pittsburgh in 2009, it is arriving at an interesting regulatory crossroads. The impact of this wave of new regulation – and the implementation thereof – is creating a rather more fragmented market,…
Clearstream acquires Citco fund services subsidiary
Acquisition grants Clearstream access to €40 billion of assets under custody
Standard Chartered boosts trading, clearing and treasury
Standard Chartered has established two new units targeting global treasury and execution, clearing, liquidity and portfolio services
Hedge funds face automation challenge
The industry has been trying to remove operational risk from hedge fund transactions by automating the process – with mixed results. Now, some hedge fund administrators are turning to alternatives. Kris Devasabai reports
Custody Risk announces shortlist for European Awards 2013
The shortlist has been announced for the Custody Risk European Awards 2013
BBH disappointed burden of proof reversed in AIFMD
Under the alternative investment fund managers directive (AIFMD) do custodians need to adapt to ongoing monitoring of local capital markets, sub-custodians, prime brokers, fund managers and transfer agents?
Clearstream COO: T2S will help plug Basel III capital hole
Mathias Papenfuss, chief operating officer of Luxembourg-based international central securities depository Clearstream and board member of its German central securities depository, tells Luke Clancy the Target2-Securities project has potential to help…
Rise in CCPs may spur collateral fragmentation
Currently only two Asian currencies figure on international clearing houses’ list of suitable collateral, but with another five CCPs set to be launched around the region the spectrum of instruments used will broaden. What will be acceptable and will this…
Central clearing obligations cause collateral headaches in Asia
The relaxation of the LCR partially addresses the liquidity concerns of Asian banks over Basel III, but as the region moves towards the central clearing of over-the-counter derivatives concerns over the availability of the right sort of instruments remain
Effectiveness of new collateral forum questioned
Euroclear questions whether a new liquidity forum that brings together five central securities depositories will be anything other than a talking shop