Post-trade service provider Euroclear saw its asset under safekeeping increase by 5 percent to €28.4 trillion in the first half of 2017.
Collateral outstandings reached "record levels" to value €1155 billion on Euroclear’s Collateral Highway by June 2017, representing an increase of 14 percent from the previous year.
Euroclear’s fund assets under custody also grew by 15 percent, which the firm attributed to progress its funds strategy.
Number of netted transactions increase by 11 percent to 107 million.
With increased investment in regulatory-driven and cyber securities initiatives, the Euroclear group carried out the equivalent to €655 trillion in securities in 2016, which resulted in 196 million domestic and cross-border transactions.
Lieve Mostrey, who took over as Euroclear CEO in January, said: “Financial market conditions have been supportive to date, with record levels of client activity, and we reached record levels of collateral outstanding on Collateral Highway.”
“Euroclear is accelerating its investments in both regulation-driven initiatives and cyber security, while continuing to develop its offering for clients globally.”
