Partnership

Infosys collabration news – Infosys Collaborate with Clearstream

Sep 11, 2024 | By Startup Rise EU

Infosys collabration news - Infosys Collaborate with Clearstream

Infosys, a global leader in next-generation digital services and consulting, announced that it has collaborated with Clearstream, the post-trade services part of Deutsche Börse, an international exchange organisation and leading provider of market infrastructure.

SUMMARY

  • Infosys, a global leader in next-generation digital services and consulting, today announced that it has collaborated with Clearstream.
  • Clearstream is a leading European supplier of post-trading services.
  • Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities.

The collaboration supported the successful Generation 2 launch of Clearstream’s D7 platform, an innovative digital post-trade platform that allows market participants to issue securities digitally.

Within the project, Infosys assisted Clearstream in driving end-to-end implementation, customization, and deployment alongside go-live and aftercare support. The platform has set a foundation of institutional-grade, digital asset infrastructure to unlock the tremendous value of asset tokenization and digital assets.

Daniel Besse, Clearstream CTO, said, “The successful release of D7 Generation 2 is a major achievement and sets the standard for our clients and the industry as a whole, making the digital issuance process faster, easier, and more efficient. Throughout this project, the collaboration of Clearstream and Infosys has been very productive. The enhanced platform lays the foundation for future digitization of financial markets as adapting to market changes can be done expeditiously. Being an innovation pacesetter in the securities industry, Clearstream has enabled over 150,000 digital issuances via D7 already today, which is more than any digital issuance platform globally.”

Dennis Gada, Executive Vice President and Global Head of Banking & Financial Services, Infosys, said, “We are delighted to have collaborated with Clearstream, part of Deutsche Börse, on their digital transformation journey towards the D7 platform for issuance of securities. This integration has empowered Clearstream to enhance time-to-market, streamline operations, simplify their technology landscape, and effectively manage regulatory changes, all while fostering sustainable growth. This transformation sets an example for future modernization and digitization of the securities and stock exchange industry.”

About Infosys

Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. They enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, they expertly steer clients, as they navigate their digital transformation powered by cloud and AI.

About Clearstream

Clearstream is a leading European supplier of post-trading services. The wholly owned subsidiary of Deutsche Börse ensures that cash and securities are promptly and effectively delivered between trading parties. It also manages, safekeeps and administers the securities that it holds on behalf of its customers. Over 300,000 domestic and internationally traded bonds, equities and investment funds are currently deposited with Clearstream.

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