CloudMargin, the multi award-winning provider of innovative web-based collateral and margin management workflow, today announced enhanced collateral optimisation capabilities to better serve the growing needs of the industry, the continued move towards clearing and to harmonise processes across asset types.
Combined with a unique ability to source inventory on a client’s behalf direct from custodians via CloudMargin’s own SWIFT membership, CloudMargin users can now consolidate inventory across multiple custodians around the world, combine disparate collateral pools to maximise usage and make the optimum usage of available, or re-hypothecated assets - all without continual user intervention.
Collateral optimisation is completely automated and client driven within the CloudMargin system, and calculates the optimum assets or securities to utilise in real-time. The optimisation enhancements will allow clients to maximise efficient usage of their inventory in accordance with specific and bespoke business rules, as well as cope with changing market conditions and funding costs.
Andy Davies, Founder of CloudMargin said, “Clients now benefit from real-time collateral optimisation across all of their margined business lines: whether that be exchange traded or over-the-counter, cleared or bilateral, derivatives, repo or securities finance. Combining all products and consolidating collateral pools in a single platform gives never before seen levels of inventory efficiency. At a time where collateral pressure is only going up, these enhancements yet again position CloudMargin at the pinnacle of collateral management solutions”.