LCH Ltd – CMS Securities Lodge / Release minor changes

LCH Ltd and LCH SA Clearing Members are advised that with effect Saturday 26th October 2019, the Collateral Management System (CMS) will be updated with the following cosmetic changes for the Securities Lodge and Release screens:

The Internal place of settlement (Receive From / Deliver To field) has been removed and replaced by market specific values (i.e. Euroclear Bank / Euroclear UK & IE / Fedwire etc.) so as to align with market conventions and existing ISO 15022 and 20022 message specifications; and

The Data Source Scheme for the Delivering Agent ::DEAG/ field has been made into a separate drop down box field so as to support more than two options and allow LCH to offer the same options across both LCH Ltd and LCH SA.

These changes are only applicable to the online graphic user interface (GUI) and no changes are necessary for members instructing via the CMS Messaging Service (SWIFT MX). No changes are necessary to any existing CMS instructions submitted prior to the change or to the way, members instruct their settlement agents.

Screen shots of the changes are available here.

The member test environment (https://test-clearingservices.lchclearnet.com) has been updated with the latest changes ahead of the production release so that users can login and become familiar with the new formats ahead of the release.

If you require any further information or have any questions please contact:

Collateral Client Services
Collateral.ClientServices@lch.com