Global Securities Financing: Collateral basket extended adaptation – Timestamp format

Clearstream Banking¹ informs clients that effective

15 April 2023

following a WebLogic vulnerability patch review, Clearstream Banking has identified a vulnerability on one of its client reports whereas the current format used for dates and timestamps no longer respects market standards, therefore they will be updated as from the effective date.

Impacted reports

Collateral basket extended.

Details

DATE

The most common ISO Date Format yyyy-MM-dd — for example, “2000-10-31”.

DATE_TIME

The most common ISO Date Time Format yyyy-MM-dd'T'HH:mm:ss.SSSXXX — for example, “2000-10-31T01:30:00.000-05:00”.

Examples

Current timestamp format:

    "lastUpdateTimestamp" : {
      "date" : {
        "year" : 2008,
        "month" : 4,
        "day" : 7
      },
      "time" : {
        "hour" : 0,
        "minute" : 0,
        "second" : 0,
        "nano" : 0
      }

New timestamp format to be used:

"lastUpdateTimestamp": "2008-04-07T00:00:00",

Current date format:

"myDate" : {
      "year" : 2008,
      "month" : 4,
      "day" : 7
}

New date format to be used:

"myDate" : "2008-04-07".

Further information 

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 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 clients 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.