SIX’s Collateral Cockpit will link fragmented front and back-office systems and provide control over collateral management functions.
BME Group proof of concept is the latest in a series of blockchain initiatives around collateral management, efficiency and mobilisation.
The move makes Deutsche Bank the first of the major global banks to adopt cloud technology for collateral and margin management.
LCH SA is targeting going live with a sponsored repo clearing scheme for the buy-side in 2019.
Margin calls and collateral estimates have been automated on the Charles River IMS with the help of AcadiaSoft.
The former global head of collateral management product at JP Morgan, who joined Lombard Risk in 2016, will head up the expansion.
Achieving efficiencies in clearing, collateral management and trade reporting will be a central theme at The TRADE's Future of Post-Trade event.
The repo market has been under increased pressure from regulations.
DTCC's Jennis said use of the utility won't take off until after the start of the margin requirements.
The Liquidity Alliance has extended its
collateral management services using its