ECMS - Eurosystem Collateral Management System

   

ECMS - Eurosystem Collateral Management System

Repos platform manages securities financing transactions (SFT) in a complete and flexible manner, including repurchase agreements, securities lending, buy and sell back and collateralisation. It also offers configurable services for high process automation and close integration with the treasury platform, also for the purposes of joint monitoring of liquidity, exposure and guarantees.

The next important step in the Repos Platform road-map is the adaptation to the new ECB technological platform, Eurosystem Collateral Management System (ECMS), scheduled for June 2023. ECMS will replace and harmonize the existing systems of the 19 central banks of the European Monetary Union dedicated to the management of collateral for Eurosystem credit operations and will offer counterparties specialized services for the management of collateral.

The update of the Repos Platform promoted by CAD IT will be wide-ranging and in addition to dealing with specific issues relating to collateralisation and triparty services, it will also involve other areas such as messaging with the migration to the ISO 20022 standard, the harmonization of corporate action and credit claim processes.

The new Repos Platform will allow CAD IT customers to leverage already made and consolidated investments to manage the new ECMS issues, in accordance with the indications of the customer community which is regularly involved and consulted in the event of systemic and regulatory innovations.