Euroclear Bank’s collateral management services adopts Taskize 02 April 2025UK Reporter: Daniel Tison
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Euroclear Bank’s collateral management services has adopted Taskize and its integrations with email and Symphony Messaging to facilitate and simplify query resolution.
Mike Reece, managing director, head of collateral management services and head of Euroclear Bank’s client services, comments: “The key benefit in integrating Taskize with our collateral management workflow is to offer our counterparties a platform through which they can engage with us in a consistent, clear manner that reduces cost, reduces risk, and improves client satisfaction across front, middle, and back office teams.
“Discussions around collateral can be lengthy, so it is essential that we use a modern, purpose-built communications platform to host an open dialogue through which to provide regular updates, and resolve issues promptly and in their entirety.”
Taskize provides a single ecosystem where different stakeholders can exchange, negotiate, and conclude their deals, with the aim of allowing all information to be shared regardless of the existing communications technologies each party uses.
Diederik Geeraerts, CEO of Taskize, adds: “Selecting the Taskize platform and our Symphony Messaging and email integrations to more effectively manage enquiries, Euroclear’s collateral management services team has made clear its intention to streamline communications and bolster counterparty relationships, now and well into the future.”
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