CSDR toolkit - ESES

A data service to inform your pre-trade decisions and enrich your post-trade analyses by providing you with detailed insights into the liquidity of liquid and less liquid fixed income securities.
 

Providing observed settlement fail/efficiency rate in Euroclear, per instrument. At ‘market’/Euroclear level (macro view).

Ensure data accuracy and consistency across organisation with the daily feed of all Euroclear Bank eligible securities (primary) or Eurobonds (extended).
 

Compare your settlement performance against the market average to identify areas to be prioritised for structural efficiency improvements.

Hold & Release allows you to forward instructions you receive from your underlying client in real-time to receive immediate matching feedback without the risk of stock pilfering.

Matching issues can be detected earlier - allowing omnibus account holders to avoid the cost of late matching penalties.

• Reduce problem resolution times to avoid penalties.
• Provide evidence to regulators of measures taken to limit fails. 
• Provide consistent, high-quality & real-time feedback to your clients.

Euroclear Bank service offered to ESES and Euroclear UK & International clients who are also Euroclear Bank clients.

Manage your inventory and bring unused securities in local CSD to Euroclear Bank. Deliver securities to the local market when there is a CSD need. Use in combination with our securities lending and borrowing option to borrow and deliver missing securities to the local CSD.

Prioritise usage of available positions to maximise your settlement efficiency through various tools:

• assign priority to individual transactions
• select settlement option by account
• link transactions

Euroclear Bank service offered to ESES and Euroclear UK & International clients who are also Euroclear Bank clients. 

Avoid penalties by using the Euroclear Bank automated securities lending and borrowing programme for failing trades.

• Prioritise your operational workload and failing trades to avoid continued penalties and potential buy-in costs.
• Quickly find the most appropriate and responsible operator in your participant firm to communicate penalty information. 
• Standardise the way you inform the appropriate operator of penalty information across all your clients.
• Consistent, segregated and timely updates across the settlement chain to support your clients to reduce their penalty costs.

Euroclear Bank service offered to ESES and Euroclear UK & International clients who are also Euroclear Bank clients.

Manage your inventory and bring unused securities in local CSD to Euroclear Bank. Deliver securities to the local market when there is a CSD need. Use in combination with our securities lending and borrowing option to borrow and deliver missing securities to the local CSD.

Prioritise usage of available positions  to limit your penalties exposure.

Euroclear Bank service offered to ESES and Euroclear UK & International clients who are also Euroclear Bank clients. 

Limit penalties and avoid the need for buy-ins by using the Euroclear Bank automated securities lending and borrowing programme for failing trades.

Allows the failing participant to put the failing transaction ‘on hold’ when receiving buy-in notification.

• Reach out to any party involved in the buy-in process and standardise the way you interact with them.
• Receive up-to-date information on executed buy-ins to avoid additional penalties.
• Provide a clear audit trail to your regulators evidencing your adherence to the CSDR buy-in process.
• Provide your buy-in reporting to Euroclear for CSDR compliance.

Euroclear Bank service offered to ESES and Euroclear UK & International clients who are also Euroclear Bank clients.

Manage your inventory and bring unused securities in local CSD to Euroclear Bank. Deliver securities to the local market when there is a CSD need. Use in combination with our securities lending and borrowing option to borrow and deliver missing securities to the local CSD.

Allows you to prioritise usage of available assets to settle the buy-in trade and avoid mandatory cash compensation.