Clearstream has joined forces with Vermeg, a fintech focused on collateral management & asset servicing, regulatory reporting and digital transformation. The partnership will deliver an STP collateral management solution connected to the Eurosystem Collateral Management System (ECMS). The ECB is introducing ECMS to unify the management of collateral of national central banks across the Eurozone. As of ECMS launch in April 2024, Clearstream claims it will be the only Eurozone CSD offering comprehensive tri-party collateral services integrated into ECMS and for all the Eurozone national central banks.
