Clearstream, the post-trade services company owned by Deutsche Börse, is in discussions with Canada's settlement house to create a new collateral management platform for the Canadian market, as banks face up to a slew of collateral-intensive regulations due to come into effect during the next year.

Clearstream and CDS Clearing and Depository Services, Canada's major settlement provider, are in talks to create a new local collateral management service which would enable local Canadian market participants to satisfy growing demand for collateral in the most efficient way possible.