25 Jan 2021

Eurex Clearing

Member Section 2.0: Action required! User account and contact migration, contact maintenance – familiar services remain available unchanged

Eurex Clearing Circular 003/21 Member Section 2.0: Action required! User account and contact migration, contact maintenance – familiar services remain available unchanged


1.  Introduction

Following the announcement on the release of the Member Section 2.0 on 1 February 2021 with Eurex Clearing circulars 103/20 and 116/20, Eurex Clearing would like to provide its clients with further information about user account and contact migration, contact maintenance and the familiar services that will continue to be available with unchanged functionality. 

All information about this project can be found on our Member Section 2.0 initiative page.

2.  Requirements for participation/Action required

  • User account migration

User account and current login credentials will remain unchanged. All existing user permissions linked to an existing and active user account will be fully migrated, except for the role of the Central Coordinator deputy. 

Action is required: All Central Coordinators are asked to set up their deputies in the Member Section 2.0 on 1 February 2021, after the go-live. Please see Eurex Clearing circular 116/20 for further information regarding the 2-factor authentication. Please also note the information under section 3.A. below on how to set up a Central Coordinator deputy. 

  • Set-up of “Company Contacts”

In order to ensure compliance with the General Data Protection Regulation (GDPR), existing Company Contacts (see 3.B. below for details) that have no user account, but are currently displayed in the Member Section under “Contacts”, will not be migrated to the Member Section 2.0. Therefore, required contacts have to be set up again in the Member Section 2.0. 

Action is required: All Central Coordinators or users with active user accounts need to set up again their mandatory Company Contacts in the Member Section 2.0 on 1 February 2021, after the go-live (see 3.B.).

To facilitate the new set-up, existing Company Contacts without a user account are stored with Deutsche Börse Group and can be requested by e-mail to member.section@deutsche-boerse.com. 

  • Contact maintenance

Action is required: All Central Coordinators and users with active user accounts are asked to maintain their mandatory Company Contacts including types in the Member Section 2.0.
Prerequisite is an active user account. Central Coordinators can assign users on their behalf as contacts. Alternatively, users with an active account can designate themselves as contacts.

3.  Details

A. User account migration – how to set up a Central Coordinator deputy

The role of the deputy for the Central Coordinator will not be migrated. Therefore, all Central Coordinators are asked to set up their deputies in the Member Section 2.0, ideally on 1 February 2021. Please find below an explanation on how to set up a deputy:

Login to the Member Section 2.0 and navigate to “Central Coordinator” on the main navigation on the left-hand side and select the application “Portal User Administration”. Choose from the list of users the person you wish to become your deputy, go to the tab “Deputy” in the user details and set “Assign as your deputy” to “Yes”. For details, please refer to the screenshot in Attachment 1.

B. Contact maintenance

Due to the General Data Protection Regulation (GDPR), Company Contacts without a connection to an existing and active user account will not be migrated to the Member Section 2.0. Please refer to Attachment 2 for an overview of available Company Contacts.

For a detailed explanation of how to maintain Company Contacts, please see our tutorial video under the following link: https://youtu.be/EolpBab3WkU.

C. Familiar services that remain available with unchanged functionality

The Member Section 2.0 will feature an improved user interface, providing users with a more intuitive navigation and quicker access to all services. 

The services listed below will be accessible and ready to use via the improved user interface without any limitations. Nonetheless, they will be embedded in the known framework with unchanged functionality:

  • Technical Connection
  • Regulatory Reporting Hub
  • WSS Online Plus
  • Clearstream Invoices
  • Eurex ISV Administration
  • Emergency Notification Subscription
  • Xetra Instruments
  • FWB Member List
  • Eurex Clearing Regulatory and Legal Opinion
  • Eurex Clearing Deposit Rate
  • ALGO HFT and Client ID Upload

D. Further support

To make the transition as easy as possible, Eurex Clearing will provide you with further information by means of a new user guide for the Member Section 2.0 and a dedicated Help-Section for each service. 

The user guide will be accessible under “User Guides” upon launch, the Help-Section is directly attached to each service within the Member Section 2.0, providing Eurex Clearing clients with key information, process steps and tutorial videos. 

For a preview of the Member Section 2.0, please see our video: https://youtu.be./6IMsOT8ZpU0.

Users, who require individual support in the first week after the go-live, may address the request to:

  • member.section@deutsche-boerse.com

Unless the context requires otherwise, terms used and not otherwise defined in this circular shall have the meaning ascribed to them in the Clearing Conditions or FCM Clearing Conditions of Eurex Clearing AG, as applicable.

Attachments:

  • 1 – "Portal User administration" – screenshot
  • 2 – Overview of available Company Contacts


Further information

Recipients:

All Clearing Members, Basic Clearing Members, Disclosed Direct Clients, FCM Clearing Members of Eurex Clearing AG and vendors, all users of the Eurex Clearing Member Section

Target groups:

Front Office/Trading, Middle + Backoffice, IT/System Administration, Auditing/Security Coordination

Related circulars:

Eurex Clearing circulars 103/20, 116/20

Contact:

member.section@deutsche-boerse.com, tel. +49-69-211-1 78 88

Web:

Member Section 2.0 initiative page
Eurex Clearing Member Section

Authorised by:

Jens Janka


clearing-circular