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 Corporate coworking as a driver of innovation
22.11.2017 | Fraunhofer-Institut für Arbeitswirtschaft und Organisation IAO

nachricht Mathematical confirmation: Rewiring financial networks reduces systemic risk
22.06.2017 | International Institute for Applied Systems Analysis (IIASA)

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: Towards data storage at the single molecule level

The miniaturization of the current technology of storage media is hindered by fundamental limits of quantum mechanics. A new approach consists in using so-called spin-crossover molecules as the smallest possible storage unit. Similar to normal hard drives, these special molecules can save information via their magnetic state. A research team from Kiel University has now managed to successfully place a new class of spin-crossover molecules onto a surface and to improve the molecule’s storage capacity. The storage density of conventional hard drives could therefore theoretically be increased by more than one hundred fold. The study has been published in the scientific journal Nano Letters.

Over the past few years, the building blocks of storage media have gotten ever smaller. But further miniaturization of the current technology is hindered by...

Im Focus: Successful Mechanical Testing of Nanowires

With innovative experiments, researchers at the Helmholtz-Zentrums Geesthacht and the Technical University Hamburg unravel why tiny metallic structures are extremely strong

Light-weight and simultaneously strong – porous metallic nanomaterials promise interesting applications as, for instance, for future aeroplanes with enhanced...

Im Focus: Virtual Reality for Bacteria

An interdisciplinary group of researchers interfaced individual bacteria with a computer to build a hybrid bio-digital circuit - Study published in Nature Communications

Scientists at the Institute of Science and Technology Austria (IST Austria) have managed to control the behavior of individual bacteria by connecting them to a...

Im Focus: A space-time sensor for light-matter interactions

Physicists in the Laboratory for Attosecond Physics (run jointly by LMU Munich and the Max Planck Institute for Quantum Optics) have developed an attosecond electron microscope that allows them to visualize the dispersion of light in time and space, and observe the motions of electrons in atoms.

The most basic of all physical interactions in nature is that between light and matter. This interaction takes place in attosecond times (i.e. billionths of a...

Im Focus: A transistor of graphene nanoribbons

Transistors based on carbon nanostructures: what sounds like a futuristic dream could be reality in just a few years' time. An international research team working with Empa has now succeeded in producing nanotransistors from graphene ribbons that are only a few atoms wide, as reported in the current issue of the trade journal "Nature Communications."

Graphene ribbons that are only a few atoms wide, so-called graphene nanoribbons, have special electrical properties that make them promising candidates for the...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

Innovative strategies to tackle parasitic worms

08.12.2017 | Event News

AKL’18: The opportunities and challenges of digitalization in the laser industry

07.12.2017 | Event News

Blockchain is becoming more important in the energy market

05.12.2017 | Event News

 
Latest News

Making fuel out of thick air

08.12.2017 | Life Sciences

Rules for superconductivity mirrored in 'excitonic insulator'

08.12.2017 | Information Technology

Smartphone case offers blood glucose monitoring on the go

08.12.2017 | Information Technology

VideoLinks
B2B-VideoLinks
More VideoLinks >>>