CloudMargin and GlobalCollateral connect for MTU
22 August 2017 London
Image: Shutterstock
CloudMargin is establishing a connection with DTCC-Euroclear GlobalCollateral鈥檚 Margin Transit Utility (MTU).
Access to the MTU will expand CloudMargin鈥檚 settlement capability and give users access from the cloud, fully automating the entire collateral lifecycle.
CloudMargin is the first technology provider to join GlobalCollateral鈥檚 partner programme, with MTU integration efforts currently underway.
Ted Leveroni, chief commercial officer at GlobalCollateral, said: 鈥淭his integration will enable a true end-to-end solution, allowing our mutual clients to streamline and scale up processes at a time of increasing collateral and margin call demands.鈥
Simon Millington, head of product management at CloudMargin, added: 鈥淲e are very excited about this integration with GlobalCollateral and look forward to bringing great new efficiencies to our respective users.鈥
Access to the MTU will expand CloudMargin鈥檚 settlement capability and give users access from the cloud, fully automating the entire collateral lifecycle.
CloudMargin is the first technology provider to join GlobalCollateral鈥檚 partner programme, with MTU integration efforts currently underway.
Ted Leveroni, chief commercial officer at GlobalCollateral, said: 鈥淭his integration will enable a true end-to-end solution, allowing our mutual clients to streamline and scale up processes at a time of increasing collateral and margin call demands.鈥
Simon Millington, head of product management at CloudMargin, added: 鈥淲e are very excited about this integration with GlobalCollateral and look forward to bringing great new efficiencies to our respective users.鈥
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