Clearstream Reports Positive Metrics for April 2019

Clearstream’s Investment Fund Services (IFS) processed 2.2 million transactions during April 2019.

Clearstream, a provider of post-trade services for financial services participants, has reported its aggregated operational metrics for April 2019, which showed a strong performance when weighed against its counterparts a year ago, with specific segments did undergo healthy growth.

Looking to April 2019‎, the value of assets under custody held on behalf of customers registered at Clearstream was reported at $15.7 trillion (€14.03 trillion) – this constituted a year-over-year growth of three percent from $15.1 trillion (€13.57 trillion) in April 2018.

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Likewise, securities held under custody in Clearstream’s international business as an international central securities depository (ICSD) rose slightly to $7.7 trillion (€6.9 trillion) in April 2019‎, higher by four percent year-over-year from $7.6 trillion (€6.60 trillion).

In a similar vein, Clearstream’s international business processed 4.7 million transactions during the month ending April 2019, which reflected a rise of 26 percent from 3.7 million transactions in April 2018.

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Deutsche Boerse expands settlement business

A similar pattern was noted across the company’s securities held under custody in the German central securities depository (CSD) which were on the uptick in April 2019‎, rising to $5.23 trillion (€4.68 trillion), or one percent higher year-over-year from the year prior.

Finally, Clearstream’s Investment Fund Services (IFS) processed 2.2 million transactions during the month ending April 2019‎, which reflected a rise of 17 percent year-over-year from 1.9 million transactions in April 2018.

Deutsche Boerse’s settlement arm Clearstream has recently expanded its offering ‎in the funds space by acquiring Swisscanto Funds Centre, the UK ‎subsidiary of Zurich-based financial group Swisscanto.‎

Clearstream, which also provides post-trade services for financial ‎services participants, agreed to buy 100 percent of SFCL business ‎from Zürcher Kantonalbank. Deutsche Börse-owned international central securities depository has paid a sum in “the high double digit million ‎euro range.”

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