RBC, TMX and Clearstream collaborate in triparty pledge solution
30 May 2025 Canada
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RBC Investor Services has collaborated with TMX Group and Clearstream, to pioneer a triparty pledge collateral management solution.
The effort comes as an expansion of the Canadian Collateral Management Service (CCMS), in a move the companies say will extend its optimisation benefits, and further enhance market liquidity by reducing intraday financial resources.
The firms see this as an important expansion of the CCMS into facilitating pledge transactions in securities lending, and one which comes as a key step to fully mobilise and optimise collateral within the Canadian market.
The effort comes as an expansion of the Canadian Collateral Management Service (CCMS), in a move the companies say will extend its optimisation benefits, and further enhance market liquidity by reducing intraday financial resources.
The firms see this as an important expansion of the CCMS into facilitating pledge transactions in securities lending, and one which comes as a key step to fully mobilise and optimise collateral within the Canadian market.
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