Euronext, BNY Enhance Collateral Management

According to Markets Media, Euronext, the leading European capital market infrastructure, and BNY, a global financial services company, announced a strategic collaboration to enhance the collateral management capabilities of Euronext Clearing across asset classes, notably for cleared repo. By leveraging BNY’s world-class collateral infrastructure and $7.8 trillion liquidity pool, this collaboration enhances the collateral management capabilities of Euronext Clearing, enabling members to manage their cleared activity more efficiently, including margin and default fund contributions.