Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

Clearstream’s new Corporate Action service proves hit with customers

18.01.2005


CreationOnline customer interactions exceed 2 million milestone in December / Additional PROPRIS reference data service to be launched for data vendors

Customer usage of Clearstream’s new Corporate Action Service for the efficient management of corporate action activities has exceeded initial expectations: Since its launch on December 6 last year the service has attracted over 290 financial institutions and a total of 50,141 user interactions on CreationOnline. It has driven overall usage of the CreationOnline information service past the milestone figure of 2 million interactions in December.

This new service enables Clearstream customers to access and use integrated settlement and custody information seamlessly through a single point of entry. Customers now receive real time information on corporate action notifications; can submit corporate action instructions and use links to related account information on data such as pending instructions, proceeds and balances that enables fast and efficient account reconciliation.

Volker Potthoff, Managing Director Banking and Custody Services at Clearstream International stated, "Our focus is to understand the operational needs of our customers and to create solutions that meet their immediate needs. This new Corporate Actions service extends the capability of the already unique CreationOnline information service and is another example of the focus we have at Clearstream."

CreationOnline has been rapidly adopted across the globe over the last two years and now has over 16,300 regular users spread across 78 countries. This expanded service now offers customers a complete and efficient way to monitor all account activities, enabling reconciliation of balances and facilitates accurate and timely action.

In the first quarter Deutsche Börse Group will launch another reference data initiative through its Market Data & Analytics business area: The new PROPRIS service announced at the end of November will deliver reference data to data vendors. All new services are aimed at improving the overall data and process quality in the industry.

Yolande Theis and Graham Cope will be happy to answer questions from the news desks: phone +352 2433 1500

Media Relations | Deutsche Boerse
Further information:
http://www.deutsche-boerse.com

More articles from Business and Finance:

nachricht How Strong Brands Translate into Money
15.11.2016 | Kühne Logistics University - Wissenschaftliche Hochschule für Logistik und Unternehmensführung

nachricht Demographic change depresses tax revenues
04.11.2016 | Fraunhofer-Institut für Angewandte Informationstechnik FIT

All articles from Business and Finance >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: Shape matters when light meets atom

Mapping the interaction of a single atom with a single photon may inform design of quantum devices

Have you ever wondered how you see the world? Vision is about photons of light, which are packets of energy, interacting with the atoms or molecules in what...

Im Focus: Novel silicon etching technique crafts 3-D gradient refractive index micro-optics

A multi-institutional research collaboration has created a novel approach for fabricating three-dimensional micro-optics through the shape-defined formation of porous silicon (PSi), with broad impacts in integrated optoelectronics, imaging, and photovoltaics.

Working with colleagues at Stanford and The Dow Chemical Company, researchers at the University of Illinois at Urbana-Champaign fabricated 3-D birefringent...

Im Focus: Quantum Particles Form Droplets

In experiments with magnetic atoms conducted at extremely low temperatures, scientists have demonstrated a unique phase of matter: The atoms form a new type of quantum liquid or quantum droplet state. These so called quantum droplets may preserve their form in absence of external confinement because of quantum effects. The joint team of experimental physicists from Innsbruck and theoretical physicists from Hannover report on their findings in the journal Physical Review X.

“Our Quantum droplets are in the gas phase but they still drop like a rock,” explains experimental physicist Francesca Ferlaino when talking about the...

Im Focus: MADMAX: Max Planck Institute for Physics takes up axion research

The Max Planck Institute for Physics (MPP) is opening up a new research field. A workshop from November 21 - 22, 2016 will mark the start of activities for an innovative axion experiment. Axions are still only purely hypothetical particles. Their detection could solve two fundamental problems in particle physics: What dark matter consists of and why it has not yet been possible to directly observe a CP violation for the strong interaction.

The “MADMAX” project is the MPP’s commitment to axion research. Axions are so far only a theoretical prediction and are difficult to detect: on the one hand,...

Im Focus: Molecules change shape when wet

Broadband rotational spectroscopy unravels structural reshaping of isolated molecules in the gas phase to accommodate water

In two recent publications in the Journal of Chemical Physics and in the Journal of Physical Chemistry Letters, researchers around Melanie Schnell from the Max...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

ICTM Conference 2017: Production technology for turbomachine manufacturing of the future

16.11.2016 | Event News

Innovation Day Laser Technology – Laser Additive Manufacturing

01.11.2016 | Event News

#IC2S2: When Social Science meets Computer Science - GESIS will host the IC2S2 conference 2017

14.10.2016 | Event News

 
Latest News

IHP presents the fastest silicon-based transistor in the world

05.12.2016 | Power and Electrical Engineering

InLight study: insights into chemical processes using light

05.12.2016 | Materials Sciences

High-precision magnetic field sensing

05.12.2016 | Power and Electrical Engineering

VideoLinks
B2B-VideoLinks
More VideoLinks >>>