Triparty Collateral Management Service (CmaX): New reports available to support customers in overseeing their own and counterparty instructions
Clearstream Banking1 would like to inform customers that, as part of continuous efforts to provide customers with transparent, clear and comprehensive reporting on their collateral activities, it has extended its reporting suite to include a new report that is already available:
“Triparty Collateral Management Instruction Status Report: Status of own and counterparty instructions, requiring matching for same and next day value”.
Impact on customers
Acting as triparty collateral agent, CBL facilitates oversight and control by the customers on their collateral exposures with the report being available for our Triparty Repo Service (TRS), Triparty Collateral Management Service (TCMS), Triparty Securities Lending Service 1 (TSLS1) and Triparty Securities Lending Service 2 (TSLS2).
The report is available to Collateral Givers and Collateral Receivers on a subscription basis. It comes in PDF and TXT formats and can be scheduled for delivery by email or Xact File transfer in intervals of 15 minutes. It is also possible to aggregate reporting data of multiple customer short codes into a single report via a Reporting Group.
Concerning the technical specifications, please refer to the Triparty Collateral Management Service (CmaX) Connectivity Guide. The new report is part of the CmaX reporting suite and subscription can be completed either via Appendix D or a request sent to GSF Operations via MT599.
ClearstreamXact connectivity solutions include automated reporting services (files or SWIFT) and our Xact Web Portal online access (real-time features, dashboard, queries, alerts and more), covering the entire lifecycle of customer transactions.
From triparty instructions status (also see our MT558 report and allegement based instruction matching via our portal) to exposure coverage and collateral allocations, customers have access to an extensive range of reports and tools in detail or summary formats. Collateral givers can also test their trading capacity via trade simulations and receive collateral shortage reports intraday for their live transactions (for example, undercollateralised exposure, unsubstituted positions due to custody events or recalls).
Further information
Additional information on reporting solutions is available under Connectivity.
For further information, customers may contact Clearstream Banking Client Services or their Relationship Officer.
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1. Clearstream Banking refers collectively to 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, and Clearstream Banking AG (for Clearstream Banking AG customers using Creation Accounts), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.