Collective Safe Custody (CSC) Clearstream Banking Frankfurt's (CBF's) settlement system, CASCADE, provides a highly efficient platform for the settlement of transactions in German and International securities that are eligible for collective safe custody. CASCADE covers the entry and processing of instructions for all parts of the settlement process including: - Payment
- Transfers of securities
- Administration of securities
- Matching of free and against payemnt instructions
- Clearing of matched transactions to optimise the securities transfer processes
Settlement of transactions through transfer of cash and securities. The transactions processed via CASCADE are delivery instructions resulting from OTC and stock exchange trading (Xetra, floor trading), trading on the Eurex Bonds and Eurex Repo platforms and Eurex exercises. The instructions also include CCP deliveries. CASCADE supports cash settlement in EUR and in other currencies. Connectivity CreationConnnect is fully ISO 15022 compliant promoting standardisation, straight-through processing and greater market efficiency. Accuracy and timeliness in delivering information to customers are key elements of a high quality service. CreationConnect, Clearstream’s suite of connectivity products, provides customers with real-time access to instruction statuses, cash and securities positions, corporate action notifications and the latest market information. As Clearstream receives new and updated information, it is immediately made available via CreationConnect. CreationConnect is scalable to process evolving transaction volumes. No matter how quickly your business grows, CreationConnect products can be combined to offer the best solution for expanding trade volumes and business requirements. It provides an adaptable solution for efficient transaction management and reporting for: - High-volume to low-volume customers
- Non-automated and automated environments
- Customised or standardised reporting
CreationConnect connectivity products provide the highest level of reliability and are backed up by extensive customer support, which includes a 24-hour helpline and online assistance.
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