On the market, we have seen huge progress in the range and sophistication of services on offer to clients. A new report from Basel covers developments in collateral management services  1  See, for example, “Velocity of pledged collateral: analysis and implications”, Working Paper No 11/256, IMF, November 2011.
BIS central bankers’ speeches  3  across G20 countries and takes stock of the existing and upcoming services in this field. 2 The many benefits gained from the innovation of service providers and the collaboration among them can be welcomed by central banks, as they allow for better information on collateral, better access to collateral and better mobility of available securities.