Euroclear and Transcend work on joint collateral optimisation service
13 November 2024 Belgium
Image: Ziyan/stock.adobe.com
Euroclear has partnered with Transcend to launch a joint collateral optimisation service in the first quarter of 2025.
The service aims to bring together Euroclear鈥檚 collateral management infrastructure and data with Transcend鈥檚 optimisation platform to address clients鈥� collateral optimisation needs.
Available through existing Euroclear connectivity, the new service will integrate critical data for smart decision-making and settle optimised collateral allocations, the firm says.
Transcend鈥檚 technology will enable clients to configure optimisation scenarios, including external collateral pools to determine the best collateral use at Euroclear and perform what-if analyses on specific constraints.
Olivier Grimonpont, head of product management, Market Liquidity, at Euroclear, says: 鈥淣ew regulatory requirements have made collateral optimisation a priority for dealers. This new service brings to the market the combined expertise of Euroclear and Transcend.
鈥淓uroclear鈥檚 collateral management experience and robust infrastructure, combined with Transcend鈥檚 optimisation and booking technology, offers an unparalleled solution to meet our clients鈥� needs for collateral optimisation.鈥�
The service aims to bring together Euroclear鈥檚 collateral management infrastructure and data with Transcend鈥檚 optimisation platform to address clients鈥� collateral optimisation needs.
Available through existing Euroclear connectivity, the new service will integrate critical data for smart decision-making and settle optimised collateral allocations, the firm says.
Transcend鈥檚 technology will enable clients to configure optimisation scenarios, including external collateral pools to determine the best collateral use at Euroclear and perform what-if analyses on specific constraints.
Olivier Grimonpont, head of product management, Market Liquidity, at Euroclear, says: 鈥淣ew regulatory requirements have made collateral optimisation a priority for dealers. This new service brings to the market the combined expertise of Euroclear and Transcend.
鈥淓uroclear鈥檚 collateral management experience and robust infrastructure, combined with Transcend鈥檚 optimisation and booking technology, offers an unparalleled solution to meet our clients鈥� needs for collateral optimisation.鈥�
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