London
22 July 2014
Reporter: Stephen Durham

Deutsche Bank partners with Clearstream and Euroclear


Deutsche Bank has gone into partnership with Clearstream and Euroclear to help clients consolidate, optimise and more efficiently assign their collateral inventory as part of the TARGET2-Securities (T2S) initiative.

The partnership will provide clients with a single entry point from which they can reach the collateral pools and distribution channels used by all key institutional and market infrastructure firms.

The partnerships with Clearstream and Euroclear will give clients the opportunity to make better use of assets held domestically to secure exposures and financing transactions in tri-party, whilst consolidating the view of inventory with their preferred provider.

Clients will benefit from a reduction of funding costs by mobilising eligible assets cross-jurisdictionally in a safe and custody-integrated framework.

Rafael Moral, head of investor services, institutional cash and securities services at Deutsche Bank, said: “This partnership with Clearstream and Euroclear forms part of Deutsche Bank’s larger T2S strategy which is designed to provide our clients with direct access, through a centralised technical hub, combined with specialised local expertise and client service.”

“We believe our T2S offering is truly complete and compelling; it combines a wide choice of operating models and value-added services with the kind of liquidity that only a leading global franchise such as Deutsche can deliver.”

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