The digitally native note of €100 million was issued on Euroclear’s Digital Financial Market Infrastructure and settled through Banque de France’s DL3S platform
Mutual clients will be able to connect via Pirum services to fully automate margin calculation, agreement, and instruction, as well as collateral management and optimisation
The agreement aims to establish a strong regional presence, and comes as a result of the region offering extensive growth opportunities for wealth and asset management activities