Cr茅dit Agricole selects CACEIS for derivative clearing
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Cr茅dit Agricole selects CACEIS for derivative clearing 24 July 2018Paris Reporter: Becky Butcher
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CACEIS has been appointed by Cr茅dit Agricole to serve as its main listed derivatives clearers.
The clearing offer is part of CACEIS's Market Solutions package, which includes execution,
clearing, securities lending, collateral management, foreign exchange (FX) and cash management.
Cr茅dit Agricole has also chosen to outsource its listed derivatives back office to CACEIS.
Joe Saliba, deputy CEO of CACEIS, commented: "Within Cr茅dit Agricole's Large Client
division, Cr茅dit Agricole CIB and CACEIS are committed to developing value-creating
partnerships. Cr茅dit Agricole CIB can count on CACEIS's expertise in processing derivatives. I
look forward to the continued strengthening of our relationship."
Eric Lechaudel, global head of operations of Cr茅dit Agricole CIB, added: "By entrusting the
clearing and processing of our listed derivatives to CACEIS, we benefit from their broad
coverage of markets and products such as equities, indices, dividends, rates, FX, raw
materials etc. We are delighted with this new collaboration with CACEIS.鈥�
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