Clearstream International Today Announced The Availability Of CreationOnline - The Secure Web Browser Solution For Access To Clearstream's Settlement Process

Clearstream International today announced the availablity of CreationOnline - the secure web browser channel for instruction input, online queries and report management. CreationOnline is now available via the Virtual Private Network or via a Public Internet and offers immediate benefits to customers through providing a full range of services and features including:

• Online query on security and cash balances, allowing customers to query individual cash and securities balances for each of their accounts and for up to 13 months of history.
• Online query on instruction lifecycle, allowing customers to view the status of all their pending and settled instructions.
• Online query on reference data, allowing customers to query data for currencies, settlement parties, places of safekeeping, cash correspondents and financial instruments.
• Online instruction input for both cash and securities.
• A new 'Dashboard' feature providing a fast overview of all open instructions and their status.
• CreationOnline is also fully ISO 15022 compliant maximising STP possibilities.

CreationOnline forms part of CreationConnect, a suite of connectivity channels providing customers with a choice of products to enable fast, secure and efficient communication with Clearstream Banking and its network of correspondent banks. CreationConnect provides real-time access to Clearstream's clearing, settlement, and custody functions and so enables a comprehensive range of value-added services to be offered seamlessly within the same environment.

Speaking to journalists at the SIBOS conference, Karl Van Gestel, Executive Director Product Development Connectivity said: "The launch of CreationOnline is another important step for our customers as we continue to develop the efficiencies of our core settlement processes. CreationOnline has been designed with our customers' needs in mind and since CreationOnline is web-enabled, the installation is simple and upgrades become available automatically. By using the internet in this new way, we provide our customers with real-time access to all the data they need and is an ideal tool for exception management."

Clearstream ? A Deutsche Börse Group Company The new Deutsche Börse Group resulting from the integration of Clearstream will create the preeminent full service provider for the securities industry. The combined group will provide technology, services and products from trading and information products to clearing, settlement and custody based on straight through processing and interoperability standards and accessible at each stage of the processing chain. This unique position as an integrated provider of the complete securities processing chain will also be reflected in the customer governance. The result will be a highly efficient, low-cost securities processing chain from order capture to custody both for securities and derivatives markets: Customers benefit from the optimal utilization of their assets minimizing opportunity costs and risks. Service levels will increase and new products will be introduced faster.

Clearstream International is Europe's premier clearing and settlement organisation offering a comprehensive service for equities and bonds both domestic and cross-border and investment funds. Clearstream International has three divisions - Clearstream Banking Frankfurt, Clearstream Banking Luxembourg, and Clearstream Services.