Dexia Bank Belgium, already General Clearing Member (GCM) on LCH.Clearnet segments Brussels, Amsterdam and Paris, decided to use this opportunity to extend its membership of GCM to The Luxembourg Stock Exchange and offer these clearing services to its customers.
For this purpose, Dexia Bank Belgium asked SLIB to process the clearing flows of LCH.Clearnet for Luxemburg on the SLIB clearing platform, already in use at Dexia Bank Belgium for several years. Parameters tuning was achieved for the processing of messages C21 on the Luxemburg segment. The solutions SLIB Connectivity, SLIB, CMS and SLIB PMS were subsequently enhanced.
This strategic choice is going to allow Dexia Bank Belgium to enrich its services offer as GCM with an additional segment while having the guarantee of a good quality result since the SLIB clearing solutions have already been demonstrating their robustness and efficiency for all the clearing activities of Dexia Bank Belgium.