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 Microtechnology industry is hiring – positive developments of past years continue
09.04.2018 | IVAM Fachverband für Mikrotechnik

nachricht RWI/ISL-Container Throughput Index with minor decline on a high overall level
20.03.2018 | RWI – Leibniz-Institut für Wirtschaftsforschung

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: BAM@Hannover Messe: innovative 3D printing method for space flight

At the Hannover Messe 2018, the Bundesanstalt für Materialforschung und-prüfung (BAM) will show how, in the future, astronauts could produce their own tools or spare parts in zero gravity using 3D printing. This will reduce, weight and transport costs for space missions. Visitors can experience the innovative additive manufacturing process live at the fair.

Powder-based additive manufacturing in zero gravity is the name of the project in which a component is produced by applying metallic powder layers and then...

Im Focus: Molecules Brilliantly Illuminated

Physicists at the Laboratory for Attosecond Physics, which is jointly run by Ludwig-Maximilians-Universität and the Max Planck Institute of Quantum Optics, have developed a high-power laser system that generates ultrashort pulses of light covering a large share of the mid-infrared spectrum. The researchers envisage a wide range of applications for the technology – in the early diagnosis of cancer, for instance.

Molecules are the building blocks of life. Like all other organisms, we are made of them. They control our biorhythm, and they can also reflect our state of...

Im Focus: Spider silk key to new bone-fixing composite

University of Connecticut researchers have created a biodegradable composite made of silk fibers that can be used to repair broken load-bearing bones without the complications sometimes presented by other materials.

Repairing major load-bearing bones such as those in the leg can be a long and uncomfortable process.

Im Focus: Writing and deleting magnets with lasers

Study published in the journal ACS Applied Materials & Interfaces is the outcome of an international effort that included teams from Dresden and Berlin in Germany, and the US.

Scientists at the Helmholtz-Zentrum Dresden-Rossendorf (HZDR) together with colleagues from the Helmholtz-Zentrum Berlin (HZB) and the University of Virginia...

Im Focus: Gamma-ray flashes from plasma filaments

Novel highly efficient and brilliant gamma-ray source: Based on model calculations, physicists of the Max PIanck Institute for Nuclear Physics in Heidelberg propose a novel method for an efficient high-brilliance gamma-ray source. A giant collimated gamma-ray pulse is generated from the interaction of a dense ultra-relativistic electron beam with a thin solid conductor. Energetic gamma-rays are copiously produced as the electron beam splits into filaments while propagating across the conductor. The resulting gamma-ray energy and flux enable novel experiments in nuclear and fundamental physics.

The typical wavelength of light interacting with an object of the microcosm scales with the size of this object. For atoms, this ranges from visible light to...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

VideoLinks
Industry & Economy
Event News

Invitation to the upcoming "Current Topics in Bioinformatics: Big Data in Genomics and Medicine"

13.04.2018 | Event News

Unique scope of UV LED technologies and applications presented in Berlin: ICULTA-2018

12.04.2018 | Event News

IWOLIA: A conference bringing together German Industrie 4.0 and French Industrie du Futur

09.04.2018 | Event News

 
Latest News

Quantum Technology for Advanced Imaging – QUILT

24.04.2018 | Information Technology

AWI researchers measure a record concentration of microplastic in arctic sea ice

24.04.2018 | Earth Sciences

Complete skin regeneration system of fish unraveled

24.04.2018 | Life Sciences

VideoLinks
Science & Research
Overview of more VideoLinks >>>