ICMA’s ERCC launches online survey on manufactured payments
7 April 2025 ICMA’s European Repo and Collateral Council (ERCC) has launched today an online survey addressed to its members and other stakeholders seeking feedback related to current processes around repo manufactured payments and the related issue of identifying repos and other securities financing transactions (SFTs) at settlement level. The survey has been put together based on extensive discussions with members on this topic over the past months, led by the ERCC Operations Group.
For context, the initiative is based on concerns raised by members with the manual processes around repo manufactured payments which continue to lead to (costly) delays. As part of its wider objective to support post-trade efficiency and STP in repo markets, ICMA is keen to better understand current issues and explore ways to make this process more efficient. We are therefore seeking views from the membership through this online survey.
For further background, please refer to the related ERCC note that was published alongside the online survey.
The deadline to respond to the survey is Wednesday 30 April. All responses will be fully anonymised and aggregated.
