Free Trial Corporate Access

Global Investor Magazine
Global Investor Magazine Copying and distributing are prohibited without permission of the publisher

Clearstream's Seyll on lending, liquidity and distributed ledger

07 March 2017

Philippe Seyll, co-CEO of Clearstream, speaks to Merle Crichton about the upcoming challenges for CSDs

Read more: CSDR Clearstream securities lending liquidity repo

One year ago, Deutsche Borse, one of the world’s largest institutional trading networks, decided to align its trading, clearing and custody activities much closer across its various legal entities, including Eurex Repo, Eurex Clearing and Clearstream global securities financing.

Philippe Seyll, Co-CEO of Clearstream, part of the Deutsche Borse group, sat down with Global Investor/ISF during the Deutsche Borse Global Funding and Financing Summit in Luxembourg.

"Despite the fact that those services are conducted in separate legal entities, our new internal set up allows us to align much closer when facing customers," said Seyll. "One of our major achievements is that we now have aligned product teams, client facing teams and business environment, cutting across all the different businesses."

"This is more of a mental shift within the firm in order to facilitate...