Euronext and Clearstream Collaborate to Automate Collateral Management for Repo Clearing

Euronext and Clearstream Collaborate to Automate Collateral Management for Repo Clearing

(IN BRIEF) Euronext and Clearstream have announced a collaboration to upgrade Euronext Clearing’s collateral management for repos and additional asset classes. Clearstream will serve as a triparty agent, automating collateral selection, valuation, and substitution, while also handling settlement, custody, regulatory reporting, and liquidity management services. The enhanced offering will launch in November 2025. This partnership supports Euronext Clearing’s broader Repo Expansion Initiative—beginning with the Repo Foundation in June 2025—and aligns with its “Innovate for Growth 2027” strategy. Clearstream brings three decades of post-trade expertise and AI-driven collateral analytics to the combined platform. Together, the firms aim to deliver a unified, efficient, and scalable clearing solution to strengthen European capital markets.

(PRESS RELEASE) AMSTERDAM/BRUSSELS/DUBLIN/LISBON/LUXEMBOURG/MILAN/OSLO/ PARIS, 16-Jun-2025 — /EuropaWire/ — Euronext and Clearstream have forged a strategic alliance to enhance Euronext Clearing’s collateral management services for repos and other asset classes. Under this partnership, Clearstream will act as a triparty agent (TPA), integrating advanced collateral workflows—selection, valuation, and substitution—into Euronext’s clearing infrastructure. Clients will benefit from automated, flexible solutions that optimise margin and balance sheets, reduce operational complexity, and ensure compliance with eligibility requirements. Clearstream will also provide settlement and custody services, comprehensive regulatory reporting, and support for liquidity and risk management. This revamped collateral management offering is slated to go live in November 2025.

By combining Euronext’s pan-European clearing footprint with Clearstream’s 30 years of post-trade expertise, the two firms aim to deliver a unified, scalable post-trade platform that bolsters European capital markets. The agreement dovetails with Euronext Clearing’s upcoming Repo Foundation launch in June 2025, the first phase of its Repo Expansion Initiative, which will open repo clearing to international participants and broaden product capabilities. Over the past three years, Euronext Clearing has evolved from a national CCP into Europe’s third-largest clearing house, spanning multiple countries and asset classes.

Clearstream’s contribution includes its innovative data-driven collateral solutions, such as AI-powered collateral scheduling and liquidity-optimisation analytics. These services complement Euronext Clearing’s “Innovate for Growth 2027” strategy by enhancing collateral mobility and building a more resilient, client-centric clearing environment.

“Our partnership with Clearstream is a cornerstone of our growth strategy, scaling our infrastructure and enriching our repo clearing services across Europe,” said Anthony Attia, Global Head of Derivatives and Post-Trade at Euronext.

“We’re proud to work with Euronext Clearing to deliver cutting-edge collateral management solutions that drive market efficiency and sustainable expansion,” added Sam Riley, CEO of Clearstream Securities Services.

About Clearstream

Clearstream is the innovative and trusted post-trade business for the global markets. It runs the leading securities and funds servicing ecosystems of tomorrow.

The company operates the German and Luxembourg central securities depositories and an international central securities depository for the Eurobonds market. With 20 trillion Euros in assets under custody, it is one of the world’s largest settlement and custody firms for domestic and international securities.

It also delivers premier fund dealing, distribution, digital and data services, covering over 55 fund markets worldwide.

Clearstream is part of Deutsche Börse Group, an international exchange organisation and provider of innovative market infrastructures.

To learn more, visit us at www.clearstream.com or connect via LinkedIn.

About Euronext
Euronext is the leading European capital market infrastructure, covering the entire capital markets value chain, from listing, trading, clearing, settlement and custody, to solutions for issuers and investors. Euronext runs MTS, one of Europe’s leading electronic fixed income trading markets, and Nord Pool, the European power market. Euronext also provides clearing and settlement services through Euronext Clearing and its Euronext Securities CSDs in Denmark, Italy, Norway, and Portugal. As of March 2025, Euronext’s regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway, and Portugal host nearly 1,800 listed issuers with around €6.3 trillion in market capitalisation, a strong blue-chip franchise and the largest global centre for debt and fund listings. With a diverse domestic and international client base, Euronext handles 25% of European lit equity trading. Its products include equities, FX, ETFs, bonds, derivatives, commodities and indices.
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Disclaimer
This press release is for information purposes only and is not a recommendation to engage in investment activities. This press release is provided “as is” without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext.

This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is located at www.euronext.com/terms-use.

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SOURCE: Euronext