Understanding the Embedded Finance Landscape

Clearstream’s Assets under Custody Sees Tiny Growth in November

by Solomon Oladipupo
  • The post-trade services provider's AUC grew 1% to €16.65 billion.
  • Clearstream posted marginal drops in deposits with jumps in the number of transactions.
Clearstream Sees Upticks in Global Securities Financing, CSD Services in April
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The assets under custody (AUC) of Clearstream, a post-trade services provider owned by the Deutsche Börse Group, grew 1% month-over-month (MoM) to €16.7 billion in November, which is up from €16.5 billion in October. However, year-over-year (YoY), the AUC dropped -2%, which is down from €16.92 billion posted in the same period in November 2021.

Clearstream disclosed these numbers in its monthly figures for November 2022 published on Tuesday. According to the post-trade services provider, its AUC improved by 3% in November on a year-to-date (YTD) basis, reaching €16.63 billion compared to €16.2 billion in the same period last year.

How Did Clearstream's CSD Business Perform?

Finance Magnates’ analysis of Clearstream’s securities depository business reveals marginal drops in securities deposits with an increase in the number of transactions compared to October 2022.

The post-trade services provider’s international central securities depository (ICSD) business generated €7.91 billion in securities deposits, which is a drop of -0.8% from €7.98 billion in October. However, on a YoY basis, the figure presents a 5% from the €7.55 billion posted in November 2021. Also, the number of securities deposit transactions shot up 10% to 6.4 million, which is up from 5.8 million in the prior month.

Unlike the ICSD business, Clearstream’s domestic central securities depository (CSD) business grew by 5% and 9% to €5.6 billion in securities deposits and 14.4 million transactions, respectively. However, compared to its performance in the same period last year, the securities declined -5%, which is a decrease from €5.92 billion. In addition, the number of transactions sank -20% YoY from 17.9 million in the prior year.

IFS' Poor YoY Performance

Clearstream’s Investment Fund Services (IFS) posted a performance similar to the ICSD business, with securities deposits here decreasing by a marginal -0.7% to €3.13 billion while the number of transactions rose by 6% to 3.6 million, which is up from 3.4 million in the prior month.

However, like the domestic CDS business, IFS’ performance in November falls short of its output in the same period in the prior year. This is as the number of securities deposits dropped -9% YoY, which is down from €3.45 billion, and the total number of transactions plummeted -16% YoY from 4.3 million.

Meanwhile, Clearstream’s Global Securities Financing’s (GSF) volume outstanding rose by 6.2% to €551.6 billion in November 2022, which is up from €519.4 billion in the prior month. However, compared year-over-year, GIF’s volume outstanding decreased by -5%, falling from €578.1 billion posted in November 2021.

The assets under custody (AUC) of Clearstream, a post-trade services provider owned by the Deutsche Börse Group, grew 1% month-over-month (MoM) to €16.7 billion in November, which is up from €16.5 billion in October. However, year-over-year (YoY), the AUC dropped -2%, which is down from €16.92 billion posted in the same period in November 2021.

Clearstream disclosed these numbers in its monthly figures for November 2022 published on Tuesday. According to the post-trade services provider, its AUC improved by 3% in November on a year-to-date (YTD) basis, reaching €16.63 billion compared to €16.2 billion in the same period last year.

How Did Clearstream's CSD Business Perform?

Finance Magnates’ analysis of Clearstream’s securities depository business reveals marginal drops in securities deposits with an increase in the number of transactions compared to October 2022.

The post-trade services provider’s international central securities depository (ICSD) business generated €7.91 billion in securities deposits, which is a drop of -0.8% from €7.98 billion in October. However, on a YoY basis, the figure presents a 5% from the €7.55 billion posted in November 2021. Also, the number of securities deposit transactions shot up 10% to 6.4 million, which is up from 5.8 million in the prior month.

Unlike the ICSD business, Clearstream’s domestic central securities depository (CSD) business grew by 5% and 9% to €5.6 billion in securities deposits and 14.4 million transactions, respectively. However, compared to its performance in the same period last year, the securities declined -5%, which is a decrease from €5.92 billion. In addition, the number of transactions sank -20% YoY from 17.9 million in the prior year.

IFS' Poor YoY Performance

Clearstream’s Investment Fund Services (IFS) posted a performance similar to the ICSD business, with securities deposits here decreasing by a marginal -0.7% to €3.13 billion while the number of transactions rose by 6% to 3.6 million, which is up from 3.4 million in the prior month.

However, like the domestic CDS business, IFS’ performance in November falls short of its output in the same period in the prior year. This is as the number of securities deposits dropped -9% YoY, which is down from €3.45 billion, and the total number of transactions plummeted -16% YoY from 4.3 million.

Meanwhile, Clearstream’s Global Securities Financing’s (GSF) volume outstanding rose by 6.2% to €551.6 billion in November 2022, which is up from €519.4 billion in the prior month. However, compared year-over-year, GIF’s volume outstanding decreased by -5%, falling from €578.1 billion posted in November 2021.

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