18 February 2018
visit www.ebaday.com

LCH.Clearnet introduces new access system for Clearing 21

11 January 2008  |  2197 views  |  0 Source: LCH.Clearnet

LCH.Clearnet SA has launched a new technical initiative, eCCW, which will provide clearing members with simpler and cheaper access to CLEARING 21.

eCCW uses new communication and security technologies. It is web based - clients no longer require a separate dedicated workstation - and security is delivered by RSA SecurID coded access. With this more flexible technology, LCH.Clearnet SA is both improving the quality of its service and lowering costs.

Access via the old CCW (Clearnet Clearing Workstation), which had been in service since 2002, was terminated on 7 January, following a one month conversion period during which clients were able to run both CCW and eCCW in parallel, and which gave clients time to get used to the new solution.

Commenting on the initiative, Christophe Hémon, Chief Executive at LCH.Clearnet SA, said: "By implementing eCCW, LCH.Clearnet is responding to its commitment to optimise and rationalise its processes and is demonstrating, in line with market demand, its determination to deliver a high quality service whilst maintaining firm downward pressure on costs."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit www.vasco.comvisit http://info.nice.comvisit www.ebaday.com

Who is commenting?

Top topics

Most viewed Most shared
Saudi central bank provides sandbox for banks to try out Ripple techSaudi central bank provides sandbox for ba...
10472 views comments | 16 tweets | 11 linkedin
Aussie real-time payments platform goes liveAussie real-time payments platform goes li...
8257 views comments | 15 tweets | 41 linkedin
ECB launches staunch defence of cashECB launches staunch defence of cash
7750 views 10 comments | 21 tweets | 26 linkedin
hands typing furiouslyHow can Blockchain Help with AML KYC
7621 views 3 | 9 tweets | 4 linkedin

Featured job

Competitive base + commission + benefits
UK or Germany

Find your next job