LCH is pleased to announce that Athora Netherlands has gone live as the second ever Sponsored Member of RepoClear at LCH SA, enabling them to benefit from the capital, margin and operational efficiencies of clearing. This extension of our membership increases multilateral netting opportunities, delivering superior balance sheet, settlement, and risk reductions. Athora will be working with Societe Generale as its clearing agent and BNP Paribas as settlement agent.

Rick Stassen, Senior Portfolio Manager, Athora Netherlands, said:

“Becoming a Sponsored Member gives Athora Netherlands direct access to cleared euro repo liquidity and the benefits of netting which will support the robust risk management for our portfolios. We believe cleared repo will play an increasingly central role in market structure, and we’re proud to be at the forefront of this shift.

Michel Semaan, Global Head of LCH RepoClear, LSEG, said:

“With Athora joining as our second Sponsored Member at RepoClear SA, we expand buy side access to the world’s largest cleared euro repo liquidity—delivering stronger multilateral netting, capital efficiency and streamlined operations.”

Source: LCH