Clearstream Reaches Record AuC in January

Clearstream’s overall assets under custody increased by 6% year over year in January 2014 to a firm record €12.0 trillion, compared to €11.3 trillion in January 2013.

Securities held under custody in Clearstream’s ICSD fared the best with a 7% increase from €5.9 trillion in January 2013 to €6.3 trillion in January 2014, while domestic German securities held under custody in the German CSD increased by 5% from €5.3 trillion in January 2013 to €5.6 trillion in January 2014.

Clearstream also saw a rise in settlement transactions processed. In January 2014, Clearstream processed 3.9 million international settlement transactions, compared to 3.62 million in January 2013, an 8% increase. Of all international transactions, 79% were OTC transactions with the rest as stock exchange transactions. For the German domestic market, settlement transactions in January 2014 reached 7.48 million, 10% more than the 6.78 million in January 2013. Of these transactions, 66% were stock exchange transactions and 34% were OTC transactions.

Investment Funds Services (IFS), which provides global fund solutions ranging from trading, settlement and custody to collateral management, also shot up, rising from 0.67 million transactions processed in January 2013 to 0.78 million in January 2014, a 16% increase.

For Global Securities Financing (GSF) services, which include triparty repo, securities lending and collateral management, the monthly average outstanding in January 2014 reached €571.9 billion, a 4% rise over the €548.8 billion in January 2013.

“We are experiencing increases across all our business areas, be it the number of transactions we are processing or the volumes derived from our Global Securities Financing and Investment Funds Services business areas. This all stands us in good stead to keep confidently executing our business strategy – in particular, 2014 will be a year of market readiness for us to help customers and the market gear up to TARGET2-Securities, as the T2S 2015 go-live date draws closer,” says Philip Brown, head of global client relations and member of the executive board of Clearstream.