• Help

DTCC-Euroclear GlobalCollateral Ltd leverages SWIFT’s MyStandards

DTCC-Euroclear GlobalCollateral Ltd (“GlobalCollateral”) and SWIFT have signed an agreement for GlobalCollateral to use SWIFT’s MyStandards - a collaborative application that will enable better communication and drive industry-standard messaging by ensuring that GlobalCollateral clients are leveraging the most up to date messaging standards for collateral movements.

GlobalCollateral is a joint-venture by DTCC & Euroclear, which aims to streamline collateral processing globally. It centralizes, standardizes and optimizes what used to be a fragmented and manual post-trade process. Its open architecture, straight-through solution is available to all market participants for real-time margin and collateral processing of all asset types – whether cash or securities, in any settlement location.

By working with SWIFT, GlobalCollateral is driving creation of standards across the collateral management lifecycle. This collaboration demonstrates that collateral processing infrastructure is not just committed to driving harmonization using its own standards, but that its open architecture platform is able to utilize and accommodate existing industry standards.

DTCCEuroclearGCSibos

From left to right:

  • Ted Leveroni - Chief Commercial Officer DTCC-Euroclear GlobalCollateral Ltd
  • Michael Shipton - Chief Executive Officer DTCC-Euroclear GlobalCollateral Ltd
  • Fabian Vandenreyt - Head of Markets Management SWIFT
Top of page