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mercredi 14 mars 2012
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Efficient collateral management service targeted for Canada: newplans announced by Clearstream and CDS Clearing and Depository Services

- Canadas CDS looks to join Brazil, Australia and South Africa in the use of Clearstreams Liquidity Hub GO (Global Outsourcing); - Exclusive talks to develop a triparty collateral management service for Canada *CDS clients to gain by using collateral more effectively. Canadian financial institutions are set to benefit from a new efficient and effective collateral management service planned for development by Clearstream and CDS Clearing and Depository Services Inc. (CDS). The two companies signed a letter of intent last week and will now move forward in exploring the creation of a new triparty collateral management service for Canada. The service would enable Canadian market participants to meet demands for collateral in the...
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