Securities Clearing Corporation of the Philippines Selects LSEG Technology for Post Trade Processing

The Securities Clearing Corporation of the Philippines (SCCP), a wholly-owned subsidiary of The Philippine Stock Exchange (PSE), has selected LSEG Technology’s Millennium Post Trade solution to improve its post trade processes. As part of the agreement, LSEG Technology will implement Millennium Clearing and Millennium Risk products, enhancing SCCP’s clearing, settlement, risk and collateral management capabilities and helping it meet global best practices and standards such as CPMI-IOSCO principles for financial market infrastructure.