In an interview published by the European Association of CCP Clearing Houses, Dr. Jenny Poschmann, director and head of CCP regulation at Eurex Clearing AG, discussed how financial pressures and technology could reshape clearing over the next 10 years. Continued pressure on costs, collateral and liquidity could drive further industry consolidation, while technological advances could change risk management, operations and post-trade processes.
Artificial intelligence is expected to play an increasingly important role in risk management and operations. Distributed ledger technology and tokenisation could reshape parts of the post-trade ecosystem through greater automation, transparency and faster settlement. The eventual market structure remains uncertain, with industry collaboration and sound regulation identified as conditions for realising these technological benefits.