• inside_market_data
  • inside_reference_data
  • buy_side_technology
  • sell_side_technology

paris-night
BNP Paribas is headquartered in Paris. The partnership will reduce operational risk for its clients.

Clearstream Teams with BNP Paribas for Collateral Management

  • Send
  • Comment
  • Send to Kindle

Agreement creates a single collateral pool.

BNP Paribas Securities Services and Clearstream have signed a letter of intent to intensify their cooperation on collateral management.

Clearstream has introduced its new service for agent banks, Liquidity Hub Connect, which will allow BNP Paribas customers to cover exposures from a single pool of collateral. Client portfolios will remain with BNP Paribas' custody network, while Clearstream's engine automatically allocates, optimizes and substitutes collateral across the bank's book.

"We are committed to providing our clients with maximum flexibility to manage their collateral requirements across key markets while delivering bespoke domestic and global settlement and custody services," says Alain Pochet, head of clearing, settlement and custody at BNP Paribas Securities Services. "Strategic partnerships, such as this first one with Clearstream, complement perfectly our collateral management offer as bilateral agent for buy side and sell side institutions."

  • Send
  • Comment
  • Send to Kindle

More from Sell Side Technology

Sign-up for WatersTechnology email newsletters

Register for regular alerts to receive up-to-date news directly into your inbox

Related Articles

Latest Media

Events

Visitor comments Add your comment

  

Add your comment

We won't publish your address

By submitting a comment you agree to abide by our Terms & Conditions Your comment will be moderated before publication

Submit your comment

Work with us on your Integrated Marketing Campaigns

Do you have bespoke research requirements?

WatersTechnology offers a full range of custom research, surveys, webcasts, video and whitepapers for firms looking to demonstrate thought-leadership through their marketing campaigns and generate sales leads.

waterstechnology-marketing-options

Latest Whitepapers

eagle-whitepaper-jan2014

A data-centric approach to portfolio management

A fast, flexible and reliable investment decision-making process must be based on access to accurate and consistent information throughout an organization....

waterstechnology-whitepaper-intel-july2013

Taking on Tablets: BYOD On The Trading Floor

We have truly entered the Age of Bring Your Own Device, or BYOD. And as with every new era fuelled by innovation, the new challenges are screaming for...