Global Securities Financing: New rule-based collateral baskets and online contract view

Effective

23 November 2015

Clearstream Banking¹ will expand the range of collateral criteria available across all products and services under the Global Liquidity Hub and give you the widest choice of options to tailor-make your collateral profiles.

New rule-based collateral baskets

Customers will be able to freely combine any number of collateral criteria to create customised eligibility, haircut and concentration limits, in the most flexible way.

Moving to a new, rule-based approach lifts the constraints of building collateral baskets using pre-defined parameters and static templates. Customers can now mix and match all available parameters and design baskets that more accurately capture their risk profiles.

Online contract view

For the first time, Clearstream Banking will also offer a real-time view of your collateral baskets through the collateral management module of Xact, our secure web-browser based connectivity solution.

Collateral Receivers will be able to view all their baskets, throughout the lifecycle, while Collateral Givers will have a view of all baskets for active contracts across all counterparties.  

Any updates to the baskets that are agreed between counterparties after their date of activation will be reflected both in the online view and in the printable version, ensuring that customers have the most up-to-date information and easily accessible.

Further information

For further information about our products and services, customers may contact Clearstream Banking Client Services or their Relationship Officer.

If you are interested in further information about any of our Global Securities Financing solutions, please contact our dedicated GSF team:

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1. Clearstream Banking refers collectively to Clearstream Banking AG, registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500, and Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248.