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.”

More news
The latest news from Asset Servicing Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
Funds need to keep an eye on BEPS negotiations
24 May 2017 | London | Reporter: Becky Butcher
Fund participants were encouraged at Guernsey’s Fund Forum to pay close attention to negotiations over base erosion and profit sharing (BEPS) rules
Northern Trust expands UAE operations
24 May 2017 | Abu Dhabi | Reporter: Stephanie Palmer
Northern Trust has opened a new branch office in Abu Dhabi, as part of a continuing focus on business in the UAE
R3 raises record funds for DLT development
24 May 2017 | London | Reporter: Stephanie Palmer
The R3 group has raised $107 million in two tranches of fundraising, securing the largest ever investment in distributed ledger technology to date
Promotions abound at Interstrust in Jersey
24 May 2017 | Jersey | Reporter: Stephanie Palmer
Intertrust in Jersey has made a spate of promotions, including elevating Sherin Sugeeswaran to the role of associate director in the fund services team
RSRCHXchange boosts research offering with data consumption partnership
23 May 2017 | London | Reporter: Stephanie Palmer
Institutional research marketplace RSRCHXchange has partnered with corporate access management solution provider CorpAxe in order to make research consumption data available to the buy side
MainstreamBPO to expand in Europe and Cayman through Trinity acquisition
23 May 2017 | Sydney | Reporter: Stephanie Palmer
MainstreamBPO has entered into an agreement to acquire Trinity Fund Administration in Dublin and the Cayman Islands
Julius Baer builds on UK and Ireland compliance team
22 May 2017 | London | Reporter: Stephanie Palmer
Julius Baer International has appointed John Dodds as head of compliance for the UK and Ireland
More news