Northern Trust launches collateral management solution with CloudMargin
20 November 2024 UK
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Northern Trust has launched an enhanced active collateral solution in collaboration with CloudMargin.
The solution is designed to help institutional investors manage their collateral more efficiently while meeting the demands of continual market change.
It looks to provide enhanced service capabilities, increased transparency on a real-time basis and platform resiliency, says Northern Trust.
This includes automated asset selection based on flexible hierarchies, support of complex eligibility rules, access to real-time data through client portals, report write capabilities, and full end-to-end automation.
Nadia Ivanova, head of business services at Northern Trust Asset Servicing, says: 鈥淥ur clients must be strategic and nimble in managing their investment portfolios, including collateral management, to optimise asset deployment and minimise performance drag.
鈥淥ur advanced, digitised solutions can help clients achieve this objective 鈥 minimising the value of assets that need to be tied up as collateral and managing counterparty exposure effectively. This showcases our technology vision in action, delivering the agility, resilience, automation, and long-term value our clients require.鈥
Stuart Connolly, CloudMargin CEO, adds: 鈥淐loudMargin鈥檚 purpose-built collateral platform is continuously updated, enhanced and maintained. Northern Trust clients will benefit from full automation in their collateral workflow, and unprecedented levels of transparency.鈥
CloudMargin is a cloud-native collateral management workflow solution, combining process automation with flexible, real-time analytics and controls.
The solution is designed to help institutional investors manage their collateral more efficiently while meeting the demands of continual market change.
It looks to provide enhanced service capabilities, increased transparency on a real-time basis and platform resiliency, says Northern Trust.
This includes automated asset selection based on flexible hierarchies, support of complex eligibility rules, access to real-time data through client portals, report write capabilities, and full end-to-end automation.
Nadia Ivanova, head of business services at Northern Trust Asset Servicing, says: 鈥淥ur clients must be strategic and nimble in managing their investment portfolios, including collateral management, to optimise asset deployment and minimise performance drag.
鈥淥ur advanced, digitised solutions can help clients achieve this objective 鈥 minimising the value of assets that need to be tied up as collateral and managing counterparty exposure effectively. This showcases our technology vision in action, delivering the agility, resilience, automation, and long-term value our clients require.鈥
Stuart Connolly, CloudMargin CEO, adds: 鈥淐loudMargin鈥檚 purpose-built collateral platform is continuously updated, enhanced and maintained. Northern Trust clients will benefit from full automation in their collateral workflow, and unprecedented levels of transparency.鈥
CloudMargin is a cloud-native collateral management workflow solution, combining process automation with flexible, real-time analytics and controls.
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