About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Euroclear Bank to Open Dubai Office

Subscribe to our newsletter

Euroclear Bank, the international central securities depository (ICSD), will open a representative office in Dubai, further strengthening its long-standing commitment to Middle Eastern clients. The office ­ located in the Dubai International Financial Centre

(DIFC) ­ will have space for 10 employees and will be headed by Bernard Ferran, Director and Regional Head. He takes up his new role on 15 June 2011.

Bernard Ferran has over 10 years of Commercial Division experience with Euroclear, a great deal of which has been focused on developing client relationships and business growth opportunities. On the ground in Dubai, Mr. Ferran will further expand existing relationships and forge new ones with Middle Eastern and African financial entities, and with those looking to develop Islamic financial instruments, such as Sukuks.

Four years ago, Euroclear Bank became the first foreign depository to offer cross-border settlement and related services for transactions involving debt and equities listed on NASDAQ Dubai.

Yves Poullet, Chief Executive Officer of Euroclear Bank, stated: “Opening a Euroclear Bank office in Dubai is a natural progression of our growing involvement in the Middle East. This region enjoys a vibrant market economy and the DIFC is rapidly becoming a very important financial hub. Our presence in Dubai completes the picture of having a Euroclear Bank office in all of the major financial centres around the world, as well as full global time-zone coverage to service clients.”

Mr. Poullet continued: “Bernard¹s wealth of experience, business knowledge and local market expertise will contribute strongly in strengthening Euroclear Bank¹s commitment to our customers in the region. He and his team will reinforce the quality service and attention clients have come to expect from Euroclear Bank.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Best practice for Regulatory Change in 2021 and beyond

How to get regulatory change management right and avoid the risks of getting it wrong The burden of regulatory change on financial firms has never been greater, leaving compliance teams under increasing pressure to ensure that changes are reviewed and acted upon in a timely manner. Technology enhancements in this space can help, allowing firms...

BLOG

MiFID II Response Depends On Organizing Data, Sticking To Exchanges

Transparency of financial market activity will be key to achieving compliance with MiFID II best execution provisions, states independent industry consultant Chris Pickles, who will be on a panel discussing data management under the European Union directive, at the Intelligent Trading Summit (ITS) to be hosted by A-Team Group in London on 2nd February. “MiFID...

EVENT

TEST Event page 1

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Corporate Actions USA 2010

The US corporate actions market has long been characterised as paper-based and manually intensive, but it seems that much progress is being made of late to tackle the lack of automation due to the introduction of four little letters: XBRL. According to a survey by the American Institute of Certified Public Accountants (AICPA) and standards...