|PRESS RELEASE|COLLATERAL MANAGEMENT
Baton Systems Expands Core-Collateral® Network with Euronext Clearing
25th March 2025 – Baton Systems announced today the continued expansion of its Core-Collateral® network with the addition of Euronext Clearing. This integration further strengthens Baton’s automated collateral management solution, which gives clients direct two-way connectivity to both consume CCP information and instruct collateral movements across its growing network.
With the addition of Euronext Clearing, Core-Collateral clients can now use intelligent, automated workflows powered by real-time data to optimise margin for Euronext derivatives and options products previously cleared through LCH SA that have now migrated onto Euronext Clearing.
Baton’s direct CCP connections enable clearing members to automate and optimise collateral allocations with increased efficiency and agility. Clients can instantly access up-to-date balance information, including both intraday and end-of-day positions, and aggregate this insight with access to up-to-date eligibility schedules for all connected CCPs. This enables them to seamlessly execute pledge and recall instructions for both cash and securities transfers across clients and Baton’s network of directly connected CCPs. Information is accessible either through Baton’s optimised platform or integrated into a clients’ internal system using APIs.
Each new clearing house integrated into the Core-Collateral network enhances Baton’s clients’ ability to efficiently manage collateral across the CCPs that are most strategically significant to their business. With Euronext Clearing now part of the network, Baton’s CCP coverage includes 96% of initial margin worldwide, as per Public Quantitative Disclosures (PQDs).
“Baton continues to lead the industry in delivering real-time collateral management solutions,” said Arjun Jayaram, Founder and CEO at Baton Systems. “By adding Euronext Clearing to our Core-Collateral network, we’re enabling our clients to improve efficiency, transparency, and decision-making at a critical time in the post-trade process. This advancement further solidifies our position as a trusted partner for clearing members, financial institutions, and collateral managers across the globe.”