Cedel Prepares To Launch GCSS Collateral Management Service


Luxembourg-based Cedel Bank is testing a new clearing service to manage credit support assets and bilateral exposures. Global Credit Support Service (GCSS) is now in beta-test phase and is expected to be launched shortly, say Cedel officials.

According to Gerald Sampson, senior manager for GCSS, the service is an online book entry clearing system for bilaterally negotiated credit support agreements.

"Basically, it is designed for anybody who has a collateral management need. The primary target

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: