Clearstream facilitates first triparty repo transaction in Taiwan
13 March 2025 Taiwan
Image: gui_yong_nian/stock.adobe.com
Clearstream has completed its first triparty repo transaction in Taiwan.
Shanghai Commercial and Savings Bank (SCSB) partnered with ANZ Banking Group in this transaction, with Clearstream acting as a triparty agent.
The repo and reverse repo market plays an important role in Taiwan’s liquidity management, according to Clearstream, with triparty repos gaining popularity globally over more traditional money market instruments and bilateral repos.
Philip Brown, CEO at Clearstream Banking, comments: “This transaction in Taiwan demonstrates our dedication to supporting our clients’ evolving needs and expanding access to efficient and secure liquidity management tools.”
Clearstream’s triparty repo service aims to offer clients access to diversified pools of liquidity, connecting global market participants as a neutral intermediary for 30 years.
Clement Lee, treasurer of SCSB, adds: “Leveraging Clearstream’s robust platform and extensive network gives us a competitive edge in managing our liquidity and optimising our investment strategies.
“This transaction opens new opportunities for SCSB in the Taiwanese market and reinforces our commitment to delivering innovative financial solutions to our clients.”
Shanghai Commercial and Savings Bank (SCSB) partnered with ANZ Banking Group in this transaction, with Clearstream acting as a triparty agent.
The repo and reverse repo market plays an important role in Taiwan’s liquidity management, according to Clearstream, with triparty repos gaining popularity globally over more traditional money market instruments and bilateral repos.
Philip Brown, CEO at Clearstream Banking, comments: “This transaction in Taiwan demonstrates our dedication to supporting our clients’ evolving needs and expanding access to efficient and secure liquidity management tools.”
Clearstream’s triparty repo service aims to offer clients access to diversified pools of liquidity, connecting global market participants as a neutral intermediary for 30 years.
Clement Lee, treasurer of SCSB, adds: “Leveraging Clearstream’s robust platform and extensive network gives us a competitive edge in managing our liquidity and optimising our investment strategies.
“This transaction opens new opportunities for SCSB in the Taiwanese market and reinforces our commitment to delivering innovative financial solutions to our clients.”
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