CLEARSTREAM OPENS GLOBAL LIQUIDITY HUB TO DEUTSCHE BANK CLIENTS

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News Release
Deutsche Boerse Group
22.07.14 
Clearstream extends collateral reach by linking to Deutsche Bank 
* Cooperation will further deepen the collateral / liquidity pool for
mutual customers by automatically connecting them to Clearstream’s Global
Liquidity Hub
* Deutsche Bank benefits from Clearstream’s integrated collateral
management offering for its customers
* After BNP Paribas, Citi and Standard Chartered, Deutsche Bank is the next
partner to use Clearstream’s collateral management solution for agent banks 
Clearstream and Deutsche Bank have signed an agreement to develop a
customised
triparty collateral management solution that Deutsche Bank can offer to its 
customers. The cooperation will allow Clearstream to further increase its
collateral under management (EUR 626.9 billion in June 2014) with
additional
Deutsche Bank liquidity; Deutsche Bank’s customers will be able to leverage
the
integrated suite of triparty collateral management services that
Clearstream
offers via its Global Liquidity Hub. 
This single and optimised collateral pool will enable Deutsche Bank
customers
to consolidate their collateral holdings to cover their global exposures
most
efficiently. While Deutsche Bank customers retain their asset portfolios
within
Deutsche Bank’s extensive custody network, Clearstream’s collateral
management
engine carries out complex collateral management functions such as
automated
and real-time allocation, optimisation and substitution. A unique feature
of
Clearstream’s collateral service for agent banks is that it mobilises
collateral in real time and only up to the amount that is required. 
Stefan Lepp, Member of the Executive Board and Head of Global Securities
Financing at Clearstream, said: “On the one side, our collateral strategy
is
about linking to ever more exposure locations such as clearing houses and
central banks, and on the other side our strategy is to provide access to a 
growing number of collateral locations such as central securities
depositories,
stock exchanges and agent banks. We are pleased to help Deutsche Bank with
our
collateral management technology while in return we can offer our customers 
access to the large liquidity pool of Deutsche Bank.” 
Improving access to collateral is seen as a crucial issue for the financial 
industry at a time when the regulatory agenda drives demand for
optimisation as
well as adequate levels of capital and liquidity. Clearstream has already
created access to several global liquidity pools by working with
international
strategic partners like Cetip (Brazil), ASX (Australia), Strate (South
Africa),
Iberclear (Spain) and BNP Paribas. Collateral management partnerships with
Citi
and Standard Chartered will go live this year and further developments are
underway with CDS (Canada), SGX (Singapore) and VPS (Norway). 
About Clearstream 
As an international central securities depository (ICSD) headquartered in
Luxembourg, Clearstream provides the post-trade infrastructure for the
Eurobond
market and services for securities from 53 domestic markets worldwide.
Clearstream’s customers comprise approximately 2,500 financial institutions
in
more than 110 countries. Its services include the issuance, settlement and
custody of securities, as well as investment fund services and global
securities financing. With more than 12.3 trillion Euros in assets under
custody, Clearstream is one of the world’s largest settlement and custody
firms
for domestic and international securities. 
As a central securities depository (CSD) based in Frankfurt, Clearstream
also
provides the post-trade infrastructure for the German securities industry,
offering access to a growing number of markets in Europe. 
Further information: www.clearstream.com 
Media contact 
Nicolas Nonnenmacher, +352-243-36115
nicolas.nonnenmacher@clearstream.com 
Further information from Deutsche Boerse Group
is available under http://deutsche-boerse.com/press
Mailto:Media-Relations@deutsche-boerse.com. 
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