In our deadline-driven business, the ability to act fast in time-critical situations is of the utmost importance.
A proven alternative to phone and email, Taskize is our web-based, easy to deploy solution that is available to you across the Euroclear Bank, Euroclear UK & International and ESES entities, that allows you to efficiently raise, route, track and resolve operational issues with us and your counterparties.
Taskize is a secure and easy to use web-based platform designed for fast and efficient problem solving. Its secure Bubble environments enable you to work directly with our client service teams and your counterparties, regardless of location or market. The result is improved response time, increased accuracy and more control over your activity.
Taskize is a secure and easy to use web-based platform designed for fast and efficient problem solving. Its online chat function enables you to work directly with our client service teams and your counterparties, regardless of location or market. The result is improved response time, increased accuracy and more control over your activity.
Taskize’s smart directory allows you to connect with the right people in the right functions whether at Euroclear Bank, with your counterparties or within your own back office. And because all parties share the same source of information, there’s no more confusion about what the problem is.
Imagine this, your instruction is about to fail. Unless you can resolve your issue quickly, you will be subject to a cash penalty and potentially a mandatory buy-in under the CSDR Settlement Discipline Regime (SDR). Time is of the essence and you need to reach your counterparty as quickly as possible.
This is where Taskize can help you. Using the online platform, you can quickly and securely interact and exchange information with your counterparty at each step of the settlement process.
Under the CSDR SDR, the ‘receiving’ party or Central Counterparty (CCP) that initiated the buy-in is required to send specific buy-in details to us for regulatory reporting purposes.
The Taskize platform includes a harmonized and cost-efficient solution for reporting buy-in trades to Euroclear.
As a global market infrastructure connecting over 2,000 of the world’s largest financial institutions, we at Euroclear fully understand the challenges our clients face to increase back-office efficiency.
Operational issues, and the costs associated with solving them, are a mutual concern for everyone in our industry, and it requires a mutual solution. New ways of working that can help avoid unnecessary inefficiencies and provide a secure environment with a complete audit trail of issue resolution paths are a clear benefit for the financial community as a whole.
