Clearstream awarded for best Innovation in Custody

Clearstream has won the "Innovation in Custody" award for its innovative technology, market standardisation and financial market solutions across the entire industry.

Since July 2023 Clearstream offers a single processing environment supporting corporate action processing and tax services for our CSD and ICSD clients with a unified service level. The implementation and go-live of this Corporate Action Harmonisation initiative has run very smoothly thanks to the great collaboration with our valued clients.

Asset Servicing Times (AST) Industry Excellence Awards

The AST Industry Excellence Awards are dedicated to recognising firms across the financial services industry. AST has leveraged the expertise of The Securities Services Advisory Group (TSSAG), a forum for independent thought leadership across the securities services and post-trade industry, to select this year’s winners.

Krasimira Rayanova, Head of Asset Servicing Product at Clearstream said: “We’re immensely proud to have received the award ‘Innovation in Custody’ which acknowledges our constantly growing efforts in harmonising asset services across our ICSD and CSD worlds ensuring compliance with international corporate action standards, e.g. by consolidation of the processing environments, streamlining dual asset servicing processing and thus reducing operational complexity.”