Source: Rockall Technologies
Rockall Technologies announced today that one of Europe's largest financial services firms has purchased its STOC (Systemic Tracking of Collateral) collateral management software solution.
STOC will be rolled out internationally across the bank's offices in fourteen countries and will fulfill the firm's collateral management needs across the structured trade and commodities finance groups.
"This is a major deal for the company," stated Luke Nestor, CEO for Rockall Technologies. "We are delighted that the firm has standardized on our technology and will be deploying our collateral management solution on a global basis."