Provider of European post-trading services in a number of
Debt Securities. It is also the
International Central Securities Depository (ICSD) and the
Central Securities Depository (CSD) for Germany.
Clearstream provides a number of services, including:
- Securitisation registry: Clearstream maintains a registry of securitisation transactions. This registry tracks the ownership of the underlying assets in a securitisation, and it also provides information about the different classes of securities that have been issued.
- Securitisation settlement: Clearstream settles securitisation transactions. This means that it transfers the underlying assets from the originator to the investors, and it also pays the investors their interest payments.
- Securitisation custody: Clearstream provides custody services for securitisation assets. This means that it holds the underlying assets on behalf of the investors, and it also provides insurance for the assets.
Clearstream is a major player in the securitisation market. It provides services to a wide range of securitisation transactions, and it is a trusted provider of securities settlement and custody services.
Here are some examples of how Clearstream is used in securitisation:
- Clearstream maintains the registry for a securitisation transaction. This means that it tracks the ownership of the underlying assets in the securitisation, and it also provides information about the different classes of securities that have been issued.
- Clearstream settles a securitisation transaction. This means that it transfers the underlying assets from the originator to the investors, and it also pays the investors their interest payments.
- Clearstream provides custody services for securitisation assets. This means that it holds the underlying assets on behalf of the investors, and it also provides insurance for the assets.