Clearstream grows assets under custody for third straight year

Clearstream continues to see increases in its assets under custody. 

Cleastream has reported a 6% uptick in assets under custody in its 2015 figures marking the third year in a row with an increase.

During the year Clearstream added Brewin Dolphin and Northern Trust to its fund custody business, while also beginning to offer custody services for Mexican and Romanian bonds. 

The value of assets under custody held on behalf of its entire customers base rose to €13.3 trillion compared to €12.5 trillion in December 2014.

The group also announced an 8% increase in securities held under custody for its international business from €6.7 trillion to €7.2 trillion while securities held in the German central securities depository increased by 4% from €5.8 trillion to €6 trillion.

Clearstream continues to be one of Deutsche Boerse’s fastest growing arms, and in light of this the group has made Clearstream chairman and Deutsche Boerse executive board member Jeffery Tessler head of the combined derivatives units of Eurex Clearing, International Securities Exchange and Clearstream.

“In 2015 our assets under custody grew once again. We will now build
this success with an even better client-centric approach,” said Tessler.

“Deutsche Berse
combined the businesses of Clearstream, Eurex and ISE in the new division
Clients, Products & Core Markets. This enables us to respond more
to the needs of the market."