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Industry news

Euroclear reports strong 2017 operating performance


19 February 2018 Brussels
Reporter: Jenna Lomax

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Image: Shutterstock
Euroclear’s fund assets under custody grew 13 percent in 2017, according to its operational results released on 15 February.

The growth of Euroclear’s funds under custody grew as the post-trade financial service continued to utilise its international exchange-traded funds model.

The end of year operational results also showed Euroclear’s value of securities transactions settled in 2017 increased by 12 percent, compared to 2016, reaching a record of €733 trillion year-on-year.

In addition, the value of securities held for Euroclear clients was up 3 percent year-on-year, reaching a record €28.6 trillion for 2017.

According to Euroclear, last year’s positive operating results demonstrate the results of the firm’s initiatives to support the evolving needs of capital market participants.

Commenting on the results, Lieve Mostrey, CEO of Euroclear, said: “Euroclear delivered a strong operating performance in 2017, supported by favourable market conditions.”

“These results demonstrate the appetite of our global client base for solutions that help them overcome complex post-trade challenges such as sourcing liquidity and optimising collateral, leading to safer and more efficient financial markets.”

She added: “In addition, we have accelerated investments in both regulation-driven initiatives and cyber security to reinforce Euroclear’s position as a safe and trusted partner.”
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