CLEARSTREAM SELECTS INTIX FOR TRANSACTION DATA MANAGEMENT

Clearstream, Deutsche Börse Group's post-trade service provider, has chosen data solution specialists Intix for its transaction data management, to enhance its access to financial messaging data.

Clearstream has selected Intix to support its financial messaging data warehouse capability. Enabled by Intix's advanced data management capabilities, Clearstream will have enhanced accessibility to financial messaging data, such as SWIFT MTs and ISO 20022 structured messages and files. Moving forward, Clearstream will benefit from Single Window Access to all transaction data operating across all its data and silos, including legacy systems.

Clearstream's decision to adopt Intix's innovative suite of solutions reflects an initiative approach to leverage on modernization to drive innovation, in line with growing regulatory and customer demands.

With over 50 years of experience, Clearstream stands out as a global leader in the securities services industry. The company provides post-trade infrastructure and securities services for the international market, comprising 60 markets worldwide with customers in 110 countries.

Speaking on the new partnership, Antoine Cuypers, Director Strategic Alliances at Intix commented: "We are very excited that Clearstream selected Intix in a move that reaffirms our status as a veritable leader in transaction data analysis across the worlds of payments and securities. By adopting our accessible solution, Clearstream have underlined how seriously they take effective data management and why they stand out as a 'best-in-class' solution."

Daniel Besse, CIO at Clearstream commented: "As one of the biggest global post-trade infrastructure providers, we are processing thousands of transaction data messages each day. Intix' solution gives us easy access, comprehensive insight and structured analytics for messaging data across our systems, thereby simplifying operational processes immensely."

Clearstream will implement Intix across its entire group operations and as such, has been provided with a license a whole range of different users on the company's platform. Moving forward, the Intix transaction data management solution will be expanded to additional proprietary formats implemented by Clearstream with high-volume clients on bilateral channels, which is to materialize soon as the partnership progresses.

For more information about Intix, please visit: https://www.intix.eu/

Intix
Stationsstraat 55
2800 Mechelen
Belgium

Intix is a transaction data management platform that enables financial institutions to better monitor, comply, manage risk, and detect fraud in every transaction by giving them the ability to see, search and analyse their transaction data.
With our complete transaction visibility and our ability to identify certain insights and data points, Intix provides banks with the tools they need to safeguard their reputation, get rid of bottlenecks, and confidently report on transaction data.
We give our customers the platform to transform how they generate and use data, smoothing customer journeys and increasing operational efficiency.

This release was published on openPR.