Effective immediately, Euroclear Bank’s triparty collateral management clients can increase the liquidity of their securities collateral by re-using these securities to cover multiple exposures arising from repos, securities lending, derivatives or other collateralized transactions with different counterparties. Client collateral administered by Euroclear Bank, as triparty agent, is currently valued at over €320bn daily. Clients now have the capacity to pool securities received as collateral and re-use them in any other triparty transaction. This new re-use feature is fully automated and integrated within Euroclear Bank’s triparty collateral-management service. AutoSelect, the automatic securities allocation and monitoring module, has been upgraded to manage multiple collateral re-use possibilities within each of the 15 AutoSelect daily cycles. Collateral givers will retain full control of securities pledged as collateral, and may substitute all securities from all legs of all collateralized transactions during each and every one of the AutoSelect cycles.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more