Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

Clearstream rated world’s best Tri-Partite Repo Service Provider

29.03.2005


Clearstream has been rated as the leading global provider of Tri-Partite Repo services to the international securities market for 2005 by the closely-watched annual survey undertaken by the respected Global Custodian magazine. The survey conducts a detailed review of a wide range of service elements ranging from collateral optimization through to reporting and communications.

For the fourth time in the last five years, Clearstream has achieved the highest overall scores and has increased its scores in both absolute and relative terms from 2004. Clearstream has outperformed all other service providers in the key areas of ‘Operational efficiency’, ‘Costs, Servicing and Value-Added’ and ‘Reporting and Communications’.

Jeffrey Tessler, CEO at Clearstream International said, "The area of Securities Financing and Tri-partite Repo is fast-becoming the central concept behind the need for effective collateral management across the wider industry. We have worked with our customers to deliver significantly improved service levels which have now become a key competitive differentiator for us above our competitors."



Clearstream has already revealed plans to expand its service range in 2005 with the stepwise introduction of an innovative ‘quadpartite securities financing service’, which will allow bonds stuck in domestic markets to be more easily mobilized for financing in international triparty. In addition, Clearstream is working with Eurex to deliver a general collateral repo trading, clearing and collateral management service.

Yolande Theis and Graham Cope will be happy to answer questions from the news desks: phone +352-243-31500

Survey Scores from Global Custodian Magazine Triparty Service Survey 2005:

# Service Provider: Clearstream
Front Office Services Score: 5.52
Operations Score 5.72
Overall Average Score 5.52
Overall Average´Weighted Score: 5.62

# Service Provider: Bank of New York
Front Office Services Score: 5.47
Operations Score 5.47
Overall Average Score 5.50
Overall Average´Weighted Score: 5.47

# Service Provider: JP Morgan
Front Office Services Score: 5.45
Operations Score 5.47
Overall Average Score 5.45
Overall Average´Weighted Score: 5.46

# Service Provider: Euroclear
Front Office Services Score: 4.78
Operations Score 5.12
Overall Average Score 5.01
Overall Average´Weighted Score: 4.95

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

More articles from Business and Finance:

nachricht Frugal Innovations: when less is more
19.04.2017 | Fraunhofer-Institut für Arbeitswirtschaft und Organisation IAO

nachricht Europe's microtechnology industry is attuned to growth
10.03.2017 | IVAM Fachverband für Mikrotechnik

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: Making lightweight construction suitable for series production

More and more automobile companies are focusing on body parts made of carbon fiber reinforced plastics (CFRP). However, manufacturing and repair costs must be further reduced in order to make CFRP more economical in use. Together with the Volkswagen AG and five other partners in the project HolQueSt 3D, the Laser Zentrum Hannover e.V. (LZH) has developed laser processes for the automatic trimming, drilling and repair of three-dimensional components.

Automated manufacturing processes are the basis for ultimately establishing the series production of CFRP components. In the project HolQueSt 3D, the LZH has...

Im Focus: Wonder material? Novel nanotube structure strengthens thin films for flexible electronics

Reflecting the structure of composites found in nature and the ancient world, researchers at the University of Illinois at Urbana-Champaign have synthesized thin carbon nanotube (CNT) textiles that exhibit both high electrical conductivity and a level of toughness that is about fifty times higher than copper films, currently used in electronics.

"The structural robustness of thin metal films has significant importance for the reliable operation of smart skin and flexible electronics including...

Im Focus: Deep inside Galaxy M87

The nearby, giant radio galaxy M87 hosts a supermassive black hole (BH) and is well-known for its bright jet dominating the spectrum over ten orders of magnitude in frequency. Due to its proximity, jet prominence, and the large black hole mass, M87 is the best laboratory for investigating the formation, acceleration, and collimation of relativistic jets. A research team led by Silke Britzen from the Max Planck Institute for Radio Astronomy in Bonn, Germany, has found strong indication for turbulent processes connecting the accretion disk and the jet of that galaxy providing insights into the longstanding problem of the origin of astrophysical jets.

Supermassive black holes form some of the most enigmatic phenomena in astrophysics. Their enormous energy output is supposed to be generated by the...

Im Focus: A Quantum Low Pass for Photons

Physicists in Garching observe novel quantum effect that limits the number of emitted photons.

The probability to find a certain number of photons inside a laser pulse usually corresponds to a classical distribution of independent events, the so-called...

Im Focus: Microprocessors based on a layer of just three atoms

Microprocessors based on atomically thin materials hold the promise of the evolution of traditional processors as well as new applications in the field of flexible electronics. Now, a TU Wien research team led by Thomas Müller has made a breakthrough in this field as part of an ongoing research project.

Two-dimensional materials, or 2D materials for short, are extremely versatile, although – or often more precisely because – they are made up of just one or a...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

Fighting drug resistant tuberculosis – InfectoGnostics meets MYCO-NET² partners in Peru

28.04.2017 | Event News

Expert meeting “Health Business Connect” will connect international medical technology companies

20.04.2017 | Event News

Wenn der Computer das Gehirn austrickst

18.04.2017 | Event News

 
Latest News

Wireless power can drive tiny electronic devices in the GI tract

28.04.2017 | Medical Engineering

Ice cave in Transylvania yields window into region's past

28.04.2017 | Earth Sciences

Nose2Brain – Better Therapy for Multiple Sclerosis

28.04.2017 | Life Sciences

VideoLinks
B2B-VideoLinks
More VideoLinks >>>