- Initial focus: joint development and launch of the Saudi Collateral Management Service (SCMS), a best-in-class centralized domestic triparty capability to automate and optimize financing and collateral management in the Saudi capital market
The Securities Depository Center Company (Edaa), a subsidiary of the Saudi Tadawul Group, and Clearstream, the international central securities depository of Deutsche Börse Group, have signed a Memorandum of Understanding (MoU) to partner with the objective to jointly introduce new post-trade services in the Saudi capital market.
The collaboration between the two central securities depositories (CSDs) aims to enhance the efficiency and attractiveness of the Saudi capital market for both domestic and international investors. It builds on Clearstream’s initiative in 2021 to provide its clients access to the Saudi domestic market via Edaa. Leveraging its extensive global expertise, Clearstream will work with Edaa to advance the local post trade infrastructure and introduce new services including collateral management, securities lending and borrowing, fund services, and digital securities.
A key initial focus is the joint development and launch of the Saudi Collateral Management Service (SCMS). Tailored to the Saudi market, SCMS will provide a centralized, automated triparty collateral management system. It is designed to enable optimized and automated financing activities for local financial institutions, increase liquidity in the Saudi market and provide easy connectivity to international markets.
Hanan Alshehri, CEO of Edaa, said: “Our Partnership with Clearstream marks a vital step in our endeavors to enhancing the overall efficiency and liquidity of the Saudi capital market. It is a testament to Edaa’s continued commitment to strengthening the Saudi market infrastructure in line with international best practices.”
Sam Riley, CEO of Clearstream Securities Services, added: “Our collaboration with Edaa is a key part of our commitment to connecting global investors with emerging and dynamic markets. We are thrilled to work with Edaa to advance the local post-trade market’s infrastructure. Providing our global expertise, we aim to boost market liquidity and efficiency, supporting market participants with sophisticated tools to meet their investment and growth ambitions.”
Source: Clearstream
NEWSLETTER SIGN UP
And receive exclusive articles on securities markets
🏆 The 2026 Global Markets Choice Awards are here! 🌍 Nominations are officially OPEN for the celebration of excellence in global capital markets trading & technology. Nominate below:
https://www.jotform.com/form/260086385121150
Delaware Life Insurance Company is becoming the first insurance carrier to offer an index that contains cryptocurrency, adding the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index to its fixed index annuity (FIA) portfolio.
As the digital assets industry pushes toward
Franklin Templeton is expanding its tokenized fund suite, signaling growing institutional demand for blockchain-based fund infrastructure and regulated investment products moving onchain. Read the full article below:
$50 billion in active ETF inflows helped fuel a record year for @BlackRock 's iShares business, as investors continue to lean into active strategies.
Related articles
-
The company aims to expand adoption of digital collateral mobility solutions.
-
Existing infrastructure will be combined with Canton's blockchain technology.
-
SEC said institutions can pledge basket of Russell 1000 and/or S&P 500 equities.
-
Institutional access is provided using BitGo’s digital asset collateral platform.
-
Digital assets need to be integrated into existing risk management and collateral workflows.