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xSettle > cross border settlement made easy
xSettle leverages Computershare’s global technology
and close links to local central clearing houses (including DTCC, CDS,
CREST, CHESS, STRATE, CCASS and FASTER) to accelerate the transfer of
securities between markets, and enables global market participants to
meet their settlement deadlines.
In a nutshell, it makes cross border
settlement faster, safer and more cost-effective.
JP Morgan discuss how xSettle has made settlement
easier:
“We have recently moved to xSettle for removals
between CREST and South Africa. Although we have only processed a few
removals it was less time consuming, paperless and receipt of the
removal form is 100% guaranteed. In the past faxes have not been
received and certificates have been sent out, delaying the process but
with xSettle we know this will no longer be a problem. Computershare
continues to improve their removals process and are the most efficient
registrar we deal with.”
Liz Kemp, South
Africa and Emerging Markets, JP Morgan