Euroclear connects with ECMS
07 July 2025 Belgum
Image: kolonko/stock.adobe.com
Euroclear has now connected to the European Central Bank鈥檚 (ECB鈥檚) Eurosystem Collateral Management System (ECMS).
According to the firm, it marks a 鈥渕ajor step forward鈥� in the harmonisation of the management of collateral used in the Eurosystem.
Launched on 16 June, the ECMS replaces 20 separate National Central Bank (NCB) access points with a single, unified platform.
The system enables market participants to manage their collateral on a pan-European basis 鈥� streamlining operations and increasing efficiency for both bilateral and triparty collateral movements.
With ECMS now live, market participants can access a single pool of collateral across the Eurosystem, says Euroclear, simplifying processes and facilitating cross-border investments.
Euroclear鈥檚 International Central 麻豆传媒 Depository (ICSD) Euroclear Bank, Euroclear France, Euroclear Nederland, and Euroclear Finland, supported the launch by enabling clients to mobilise marketable assets worth over 鈧�550 billion to their individual central banks.
The connection to ECMS, combined with integration into Target2-麻豆传媒, provides clients with access to both central bank money (CeBM) and commercial bank money.
For Euroclear Bank, this marks an initial step toward ultimately offering CeBM settlement.
In addition Euroclear went live with its new Central Bank Access Service 鈥� part of the Collateral Highway 鈥� which enables clients to outsource the full end-to-end management of bilateral settlement with their central banks.
The service is designed to deliver straight-through processing and enhance automation for the mobilisation and demobilisation of collateral.
Isabelle Delorme, head of product strategy and innovation at Euroclear, says: 鈥淲e are proud to reach this milestone toward greater market connectivity, enabling streamlined access to both central and commercial bank money.
鈥淭his connection strengthens Euroclear鈥檚 central position in asset custody and liquidity management, supported by our Collateral Highway, the world鈥檚 first neutral and global open architecture for institutions looking to optimise their collateral strategies.鈥�
She adds: 鈥淥ur strength lies in enabling clients to centralise their euro liquidity in a single location, facilitating efficient and secure collateral mobilisation across multiple asset classes.鈥�
According to the firm, it marks a 鈥渕ajor step forward鈥� in the harmonisation of the management of collateral used in the Eurosystem.
Launched on 16 June, the ECMS replaces 20 separate National Central Bank (NCB) access points with a single, unified platform.
The system enables market participants to manage their collateral on a pan-European basis 鈥� streamlining operations and increasing efficiency for both bilateral and triparty collateral movements.
With ECMS now live, market participants can access a single pool of collateral across the Eurosystem, says Euroclear, simplifying processes and facilitating cross-border investments.
Euroclear鈥檚 International Central 麻豆传媒 Depository (ICSD) Euroclear Bank, Euroclear France, Euroclear Nederland, and Euroclear Finland, supported the launch by enabling clients to mobilise marketable assets worth over 鈧�550 billion to their individual central banks.
The connection to ECMS, combined with integration into Target2-麻豆传媒, provides clients with access to both central bank money (CeBM) and commercial bank money.
For Euroclear Bank, this marks an initial step toward ultimately offering CeBM settlement.
In addition Euroclear went live with its new Central Bank Access Service 鈥� part of the Collateral Highway 鈥� which enables clients to outsource the full end-to-end management of bilateral settlement with their central banks.
The service is designed to deliver straight-through processing and enhance automation for the mobilisation and demobilisation of collateral.
Isabelle Delorme, head of product strategy and innovation at Euroclear, says: 鈥淲e are proud to reach this milestone toward greater market connectivity, enabling streamlined access to both central and commercial bank money.
鈥淭his connection strengthens Euroclear鈥檚 central position in asset custody and liquidity management, supported by our Collateral Highway, the world鈥檚 first neutral and global open architecture for institutions looking to optimise their collateral strategies.鈥�
She adds: 鈥淥ur strength lies in enabling clients to centralise their euro liquidity in a single location, facilitating efficient and secure collateral mobilisation across multiple asset classes.鈥�
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