CBF Fileservice – Migration to ClearstreamXact – Update

12.04.2023

Note: This Announcement, originally published on 28 November 2022 and last updated on 1 March 2023, has been further updated to provide details on the preparation for the introduction on 2 May 2023.

Clearstream Banking AG, Frankfurt1 informs customers about the upcoming migration of the CBF Fileservice to ClearstreamXact

for business day, Tuesday, 2 May 2023.

For the purpose of further consolidation, the CBF Fileservice currently offered via Deutsche Börse's platform will be integrated into the established Clearstream Banking services.

CBF's implementation approach for the migration to ClearstreamXact will be done in three steps:

  • Preparation
    From the end of March 2023, the extended access management concept will be available via the Xact Web Portal functionality.
    CBF’s implementation approach defines, that reports provided to customers before 28 April 2023 will not be migrated to the new CBF File Service via ClearstreamXact. Customers who have not retrieved their year-end statements 2022 yet are requested to initiate the download as soon as possible. Supporting CBF’s transition phase, the activity shall be executed before 28 April 2023.
  • Introduction
    From 2 May 2023, the information provided by CBF systems will be provided in Xact Web Portal.
  • Decommissioning
    On 30 June 2023, the previous CBF Fileservice will be switched off. The corresponding website will be blocked.

Detailed information on the scope elements, the implementation and migration approach as well as customer readiness activities can be found in the attached document.

Customers may contact Clearstream Banking Client Services or their Relationship Officer. Questions related to the technical connection can be addressed to Connectivity Support. Particular questions related to the migration of the CBF Fileservice to ClearstreamXact will be routed to and answered by the responsible experts.

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1. This Announcement is published by Clearstream Banking AG (CBF), registered office at Mergenthalerallee 61, 65760 Eschborn, Germany, registered with the Commercial Register of the District Court in Frankfurt am Main, Germany, under number HRB 7500.

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