Log in
Log in
Or log in with
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
Twitter Twitter
Facebook Facebook
Apple Apple     


Delayed Xetra  -  11:36 2022-12-05 am EST
174.60 EUR   -2.24%
09:05aDEUTSCHE BÖRSE AG : UBS reiterates its Buy rating
12/01Deutsche Börse Logs Lower November Turnover from Cash Markets
11/28EU sets out post-Brexit rules for derivatives clearers - draft EU document
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Deutsche Börse : Clearstream and Pirum offer new collateral interoperability

08/04/2022 | 04:07am EST
Datum: 04. Aug 2022| Clearstream
Clearstream and Pirum offer new collateral interoperability

Clearstream and the securities finance automation provider Pirum have extended their services to offer new collateral connectivity. This allows mutual clients to automate the calculation, matching, submission and validation of collateral requirements and allocations for securities lending, repo and OTC derivative transactions. The extended connectivity assists clients with agreeing collateral on a real-time basis, reducing collateralisation timeframes and increasing efficiencies along the value chain, from improving settlement rates and reducing fails and SDR penalties to optimising collateral more efficiently.

Pirum's Head of Collateral Services, Todd Crowther, commented: "We are delighted to extend our connectivity with Clearstream and to work together to help mutual clients achieve improved exposure management and collateral optimisation results. Pirum's aim is to support the industry's need to extend interoperability and automation across the wider collateral ecosystem and support market participants' drive to streamline and centralise margin management across all collateralised products."

Jean-Robert Wilkin, Banking, Funding & Financing at Clearstream, added: "At Clearstream, providing user-friendly, efficient services supported by best-in-class technology is at the heart of our mission. We are very happy to extend our existing connectivity with Pirum, which contributes perfectly to this goal. By automating collateral management services, we increase interoperability and reduce complexity throughout the entire process for our mutual clients and the whole market."

Pirum's CollateralConnect and ExposureConnect services automate in excess of $1.5 trillion of tri-party collateral across more than 50,000 accounts and covering 70+ global clients each day.

About Clearstream
As an international central securities depository (ICSD), headquartered in Luxembourg, Clearstream, which is part of Deutsche Börse Group, provides the post-trade infrastructure for the Eurobond market and services for securities from 59 domestic markets worldwide. With 16 trillion Euros in assets under custody, Clearstream is one of the world's largest settlement and custody firms for domestic and international securities.

About Pirum Systems
Pirum offers a secure, centralised automation and connectivity hub for global securities finance, enabling complete automation of the post-trade and collateral lifecycle across repo and stock loan. Our position within the securities financing sector enables clients to seamlessly access counterparties, triparty agents, trading venues, market data companies and CCPs, as well as meet their regulatory reporting requirements. We combine an in-depth understanding of both the securities finance industry and the most advanced technologies to provide highly innovative and flexible services. Supporting established and emerging financial institutions, Pirum's pioneering approach consistently reduces operational risk while increasing processing efficiency and profitability.

Media contacts:

Tabea Behr
Phone: +49 (0)69 2 11-13 016

Pirum Systems
Anna Conti Manfrin


Deutsche Börse AG published this content on 04 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 August 2022 08:06:04 UTC.

© Publicnow 2022
All news about DEUTSCHE BÖRSE AG
09:05aDEUTSCHE BÖRSE AG : UBS reiterates its Buy rating
12/01Deutsche Börse Logs Lower November Turnover from Cash Markets
11/28EU sets out post-Brexit rules for derivatives clearers - draft EU document
11/17EU wrestles with Payment for Order Flow share trading rules
11/15DEUTSCHE BÖRSE AG : Jefferies maintains a Buy rating
11/14Eurex Expands Interest Rate Segment with Euro Short-Term Rate Futures Launch
11/11Deutsche Börse : Melanie Dannheimer appointed as new member of Frankfurt Stock Exchange an..
11/09COP27: Regulators plan closer scrutiny of carbon markets
11/07DEUTSCHE BÖRSE AG : RBC sticks Neutral
11/03Euronext Italian arm to become group-wide clearer from end 2023
More news
Analyst Recommendations on DEUTSCHE BÖRSE AG
More recommendations
Sales 2022 4 266 M 4 483 M 4 483 M
Net income 2022 1 469 M 1 543 M 1 543 M
Net Debt 2022 2 273 M 2 389 M 2 389 M
P/E ratio 2022 21,8x
Yield 2022 2,15%
Capitalization 32 061 M 33 691 M 33 691 M
EV / Sales 2022 8,05x
EV / Sales 2023 7,24x
Nbr of Employees 9 528
Free-Float 96,6%
Duration : Period :
Deutsche Börse AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends DEUTSCHE BÖRSE AG
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 20
Last Close Price 174,60 €
Average target price 192,59 €
Spread / Average Target 10,3%
EPS Revisions
Managers and Directors
Theodor Weimer Chief Executive Officer
Gregor Pottmeyer Chief Financial Officer
Martin Jetter Chairman-Supervisory Board
Christoph Böhm Chief Operating & Information Officer
Mareike Sich Head-Financial, Corporate & IT
Sector and Competitors