Clearstream to predict settlement failures with the launch of AI-powered Settlement Prediction Tool in the light of upcoming Settlement Discipline Regime (SDR)

Clearstream to predict settlement failures with the launch of AI-powered Settlement Prediction Tool in the light of upcoming Settlement Discipline Regime (SDR)

• Settlement Dashboard and AI-powered Settlement Prediction Tool offer insights into past, present and future settlements
• New tools increase efficiency and liquidity for the entire market, optimising the settlement life cycle
• Data solutions provide high-quality data to support clients with requirements around the Settlement Discipline Regime (SDR)

(PRESS RELEASE) FRANKFURT, 11-Jul-2022 — /EuropaWire/ — Deutsche Börse Group (ETR: DB1), an international exchange organisation and innovative market infrastructure provider, has announced that its post-trade service provider Clearstream will predict settlement failures with the launch of AI-powered Settlement Prediction Tool in the light of the upcoming Settlement Discipline Regime (SDR). Along with the Settlement Dashboard, the company will unveil two new data-based solutions that offer insights into past, present and future of settlements.

Market participants are currently looking to further improve their settlement efficiency and liquidity with the Settlement Discipline Regime (SDR) coming into force this February as failed settlement transactions result in financial penalties, operational overheads and reputational damage.

With Clearstream’s new data solutions, clients’ operations can leverage these predictions throughout the day to gain additional validation and to take appropriate actions to prevent any potential settlement fails, thereby accelerating settlements. Interactive visualisation provides multiple views, including a view of critical markets, asset classes and counterparties. This allows clients to benchmark their settlement efficiency against their peers.

Priya Sharma, Head of Data & Connectivity at Clearstream, said: “We at Clearstream and Deutsche Börse are convinced of the power of data. Our predictive and prescriptive solutions provide insight and foresight that help our clients make better decisions that improve their performance and business growth. Most failed settlements happen due to lack of detailed knowledge of one’s own settlement activities. By leveraging high-quality predictive data, we provide our clients with that knowledge to be best equipped for regulatory requirements, operational excellence and settlement efficiency.”

Clearstream clients can use the service free of charge during the trial period from July to September 2022.

Further information on Clearstream’s new data solutions:

Insights into past and present settlements: The Settlement Dashboard offers clients detailed insights on their settlement activity, such as efficiency and failure analysis, allowing for monitoring of settlement activity, assessing the potential impact on a daily basis and benchmarking against the market.

Insights into future settlements: The Settlement Prediction Tool predicts the probability that a specific instruction will settle on time, up to two business days in advance. Users can leverage the artificial intelligence (AI)-powered tool to minimise late settlements penalties and to maximise value of their assets by allocating them accordingly.

Watch the video and visit our website to find out more about Clearstream’s new data solutions.

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.

Further information

Media contact:
media-relations@deutsche-boerse.com

SOURCE: Deutsche Börse Group