Clearstream upgrades digital post-trade platform D7
15 July 2024 Luxembourg
Image: Shutter2U/stock.adobe.com
Clearstream has released an enhanced version of its digital post-trade platform, D7 Generation2.
According to the private market platform, the new architecture, developed with Google, will make the issuance process faster, easier, and more efficient.
D7 Generation2 now supports a wider range of complex retail structured products (RSP), covering around 90 per cent of RSP issuance volume in the German market.
In addition, the new application programme interface (API) enables up to 40,000 issuances per day, the firm says.
Clearstream has also introduced a harmonised data model to adhere to international market standards.
The firm states this move “paves the way” for geographical expansion and technical innovation such as tokenisation.
According to the private market platform, the new architecture, developed with Google, will make the issuance process faster, easier, and more efficient.
D7 Generation2 now supports a wider range of complex retail structured products (RSP), covering around 90 per cent of RSP issuance volume in the German market.
In addition, the new application programme interface (API) enables up to 40,000 issuances per day, the firm says.
Clearstream has also introduced a harmonised data model to adhere to international market standards.
The firm states this move “paves the way” for geographical expansion and technical innovation such as tokenisation.
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