▷ Euroclear Business and Financial Update – Q3 2021

31.10.2021 – 18:15

Euroclear Group

BRUSSELS, Feb. 23 / PRNewswire /

Financial highlights

Key operational metrics remain strong

  • Assets under custody reached EUR 36.1 trillion, an increase of 15% compared to the previous year
  • Record number of 220 million cleared transactions processed in the Euroclear Group, an increase of 7%
  • Euroclears Collateral Highway mobilized a record EUR 1.8 trillion

Continuous progress on strategic plans

Acquisition of the MFEX group

  • MFEX takeover completed, integration is progressing well
  • Brigitte Daurelle is appointed CEO of MFEX in order to take advantage of the commercial opportunities resulting from the combination of complementary service offerings

Strengthening, growing and redesigning the Euroclear network

  • Return drivers remain strong across all asset classes, resulting in 14% growth in business income driven by business profits, higher volumes, record fixed income issues and higher equity valuations
  • Fund assets in custody increase by 19% to EUR 2.9 trillion, before the MFEX business is included
  • Continued investment in systems and infrastructure to improve the resilience of the company and customer offerings
  • The growth businesses continue to perform well. Collateral management revenues increased 19% year over year, while Euroclear’s global emerging market network, Global Reach, increased revenues 21%
  • Euroclear Bank and the Saudi Arabian Securities Depository Center Company (Edaa) have agreed to set up a fully Euroclear-enabled connection to give international investors direct access to this local government bond market for the first time
  • Developed shareholder identification services that provide transparent, in-depth insights to improve corporate governance, including the recent rollout of Euroclear Sweden’s Vantage solution and continued rollout of InvestorInsight in ESES
  • Investing in digital and IT services that support post-trade efficiency, including the launch of SettlementDrive, a new service that provides an analysis of the extent of settlement errors on individual instruments processed within the Euroclear group
  • Support for projects to research digital central bank currencies, such as B. the successful completion of a pilot project with the Banque de France and a consortium of actors to test the use of digital central bank currencies in a wide range of core securities settlement transactions for a French government bond
  • We are further developing our ESG strategy and examining how we can support our clients’ ambitions in the area of ​​green finance. This is supported by the white paper recently published together with PwC, in which we highlight the most important opportunities for expanding sustainable financing

Commenting on the results, Lieve Mostrey, Chief Executive Officer, said:

“I am pleased to announce that we had solid business development in 2021 and the acquisition of MFEX opens up further business opportunities for us. We will continue to invest in our customer offerings in order to increase the security and sustainability of the global capital markets support financially.”

Information on Euroclear

The Euroclear Group is the trusted provider of post-trade services in the financial sector. Euroclear offers mutual funds the clearing and custody of domestic and cross-border securities for bonds, stocks and derivatives. Euroclear is a proven, resilient capital markets infrastructure that offers its clients around the world risk mitigation, automation and efficiency on a large scale.

The Euroclear Group includes Euroclear Bank, the international central securities depository, as well as Euroclear Belgium, Euroclear Finland, Euroclear France, Euroclear Nederland, Euroclear Sweden and Euroclear UK & International. The Euroclear Group processed the equivalent of EUR 897 trillion in securities transactions in 2020, equivalent to 276 million domestic and cross-border transactions, and held assets of EUR 32.8 trillion in custody for clients by the end of 2020. For more information on Euroclear please visit www.euroclear.com.

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Press contact:

Craig MacDonald
+44 207 849 0315
[email protected]

Thomas churchill
+32 471 636535
[email protected]

Original content by: Euroclear Group, transmitted by news aktuell


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