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

Browse by brand

RegTech Insight
TradingTech Insight
Data Management Insight

Browse by content type

A-Team Insight Blogs

Euroclear Finalises Acquisition of Xtrakter

30 April 2009
Subscribe to our newsletter

Following the announcement of its acquisition of Xtrakter in November last year, Euroclear has finally closed the deal. The international central securities depository (ICSD) operator has purchased the International Capital Market Association (ICMA) subsidiary, which operates the Trax trade matching and reporting platform, with a view to creating synergies between Trax and its own OTC trade matching and routing service provided by Euroclear UK & Ireland.

Xtrakter is now a wholly owned subsidiary of Euroclear and a sister company to the Euroclear group’s international and national CSDs, and EMXCo. Tim May, chairman of Euroclear UK & Ireland, has become chairman of Xtrakter.

Ignace Combes, deputy CEO of Euroclear, says: “Our joint efforts will make it possible to automate trade information flows from matching, using the Trax system, through to settlement at Euroclear. We will eliminate fragmentation and trade matching duplication, while reducing costs and settlement fails.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Navigating a Complex World: Best Data Practices in Sanctions Screening

As rising geopolitical uncertainty prompts an intensification in the complexity and volume of global economic and financial sanctions, banks and financial institutions are faced with a daunting set of new compliance challenges. The risk of inadvertently engaging with sanctioned securities has never been higher and the penalties for doing so are harsh. Traditional sanctions screening...

Find out more

05 November 2025
Data Management Insight RegTech Insight
BLOG

The Case Against Ripping and Replacing: Why Capital Markets Firms Should Build Intelligence Into What They Already Have

By Neil Vernon, Chief Product Officer, Gresham. For years, capital markets firms have faced the same challenge: modernising sprawling, legacy data systems. Each attempt follows a familiar pattern – ambitious platform overhauls, eight-figure budgets, years of disruption – yet the old systems often remain in use long after the new ones are live. Replacing systems...

Read More

31 March 2026
Data Management Insight
EVENT

RegTech Summit London

Now in its 9th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

01 October 2026
RegTech Insight
GUIDE

The Data Management Implications of Solvency II

This special report accompanies a webinar we held on the popular topic of The Data Management Implications of Solvency II, discussing the data implications for asset managers and their custodians and asset servicers. You can register here to get immediate access to the Special Report.

20 November 2014
Data Management Insight RegTech Insight