Introduction to the Settlement & Clearing Services Division of Mizuho
Large Market Presence
Strongest customer base among Japanese banks
-Strong customer base covering a vast majority of companies listed in Japan, including most major corporations and financial institutions.
Principal role in FXYCS (Foreign exchange Yen Clearing System) Agent business
-Agent for 62 banks including 13 foreign banks (indirect participants).
-49 Japanese regional banks out-source their FXYCS to Mizuho
(As of Jul 2009)
Broad-range of overseas relationship
-Approx. 2,000 overseas correspondents
High Service Quality
Highest level of STP (Straight Through Processing)
-Realizes efficient operation (approx. 96% STP for treasury transactions) through use of our operating system's proprietary AI ("Artificial Intelligence") function
-Mitigates operational risk/ improve information security
-Contributes to Mizuho's CSR (Corporate Social Responsibility) activities
Stringent Internal Controls
-Based on COSO's ERM (Enterprise Risk Management) framework
-Provides visibility for each step in the operational work-flow
-SAS70 : Obtained SAS70, becoming the first bank in Japan to achieve this
Swift and Flexible Customer Service
Assign dedicated and experienced supporting staff
-Single contact point on all items
Strong commitment to provide our customers with both high quality and swift services
-Consistent policy to answer our customers' inquiries/ requests within 24hours
Proactive in always providing solutions and responding to our customers' needs with flexibility
Custody Services
A valuable partnership when you invest in the Japanese securities market.
