On Monday, Euroclear announced a partnership with Pretitsoft and directed to launch Easyfocus+, a platform of the next generation, which is powered by artificial intelligence designed to simplify the settlement of securities and support the transformation of the industry to the T+1 settlement throughout Europe.
In the operation of Microsoft Cloud, the company made it clear that Easyfocus+ will provide data in actual time, predictive analyzes, and the accuracy of the exception via the CPU network (CSDS), which deals with more than 60 % of European Union settlements.
The initiative is said to be a major step in the EuroClear strategy to enhance the experience of coordinated and European settlement and the development of the European Union’s savings and investment union (SIU).
Moreover, Euroclear states that the system integrates the INTTSOFT education solution with the Transfize collaboration platform, providing customers with a unified offer for their settlement instructions.
They expect the basic system to enable users to reduce failures, determine frequent problems, standard performance and through the market.
“With the adaptation of the industry with advanced regulations such as T+1, we benefit from leading technologies such as Microsoft Cloud and Technology AI to ensure not only the market preparation, but a step forward,” said Isabelle Delor, head of the product and innovation strategy in Eurocker.
Helen added from the task of costing that the statute “turns commercial data into implemented visions” and managed to resolve exceptions faster, while John Da Gama Rose is called “a pivotal moment of industry.”