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Directory: Securities Finance, Repo and Collateral Technology Vendors
About Murex
For more than 35 years, Murex has provided enterprise-wide, cross-asset financial technology solutions to capital markets players. Its cross-function platform, MX.3, supports trading, treasury, risk and post-trade operations, enabling clients to better meet regulatory requirements, manage enterprise-wide risk and control IT costs. With more than 60,000 daily users in more than 65 countries, Murex has clients across the financial services industry, from banking and asset management to energy and commodities. Murex is an independent company with over 2,700 employees across 19 locations. Murex is committed to providing cutting-edge technology, superior customer service and unique product innovation. MX.3 is specifically designed and engineered to meet the multifaceted challenges of a transforming financial industry. To find out more, visit www.murex.com.
About MX.3 for Securities Finance and MX.3 for Collateral Management
MX.3 for Securities Finance and MX.3 for Collateral Management streamline trading, settlement and collateral operations for cleared and uncleared OTCs, ETDs, repos, securities lending and synthetic products across equities and fixed income. They feature firmwide real-time inventory and full life cycle support. They natively integrate front-to-back-to-risk and connect seamlessly to key facilities. Visit https://www.murex.com/en/securities-finance-and-collateral-management to learn more.
Content
Cash as an Asset Class: Risk and Profitability at the European Collateral Management System (ECMS)
Murex Partners with Rabobank to Broaden Securities Finance Offering
Murex Enhances MX.3 at DZ BANK to Cover Collateral Management
https://www.murex.com/en/news/murex-enhances-mx3-dz-bank-cover-collateral-management
Contact: info@murex.com
ACADIA – LSEG POST TRADE
An LSEG Business specialises in collateral, margin, and risk management. Through products like Agreement Manager, Margin Manager, and IM Exposure Manager we manage your margin agreements in a central repository which enables the messaging and reconciliation of both variation and regulatory initial margin. Settlement Manager – an extension of Margin Manager enables settlement of securities on your collateral via the SWIFT network and Collateral Manager is a fully integrated cloud-based collateral management platform, supporting all instruments and asset classes, including bilateral OTC, cleared, repo, ETD and securities lending. Acadia truly is the clearing house for OTC derivatives.
Contact: info@acadia.inc
ADENZA
Adenza’s Calypso Collateral Management solution enables clients to ditch the spreadsheets and siloed systems for end-to-end-integrated capabilities for all types of collateral agreements on a single, technology-forward platform; efficiently manage their complete collateral workflows for cross-asset portfolios, including over-the-counter (OTC) derivatives, exchange-traded-derivatives (ETD), securities finance, asset-backed securities (ABS), mortgage-backed securities (MBS); and create/redemption exchange-traded funds (ETFs). Global coverage includes front-to-back office, inventories, and cash/non-cash collateral. It also addresses changing regulations and siloed collateral management systems. From an integrated collateral flow perspective, Calypso is a holistic system that receives data, performs a range of functions, and provides connectivity and reporting. Calypso can also be used as a stand-alone collateral solution.
Contact: communications@adenza.com
BATON SYSTEMS
Baton Systems is revolutionising the entire front-to-back post-trade process, introducing interoperable and connected digital market infrastructures including sources and uses of collateral. Empowering financial institutions to take control with automated, rules-based workflows, access to real-time information, and on-demand movement of assets, Baton is redefining what collateral management should look like: fully connected, friction-free, flexible and transparent.
Founded in 2016 by Silicon Valley technologists and capital market specialists, Baton’s solutions are now being used by several of the world’s largest financial institutions to facilitate the movement of billions of dollars of cash and securities on a daily basis.
Contact: info@batonsystems.com
BROADRIDGE
Repo
Broadridge helps firms make their repo business more profitable through faster and more efficient processing of repos. The solution offers front-to-back-office support, from booking trades to collateral management, lifecycle processing and settlement including integration into our Distributed Ledger Repo platform. It supports principal and agency trading in a real-time, multi-currency solution for all repo types including intraday repo.
Securities lending
Broadridge helps firms trade both agency and principal SBL more effectively with clear views of global inventory, trading platform connectivity and rapid trade entry tools. The solution helps firms gain operational efficiency through trade lifecycle automation and provides full front-to-back support with risk analytics, settlement tracking and flexible reporting tools.
Contact:
Paul Wilson, Sales Director, SFCM -Securities Finance and Collateral Management, Email: paul.wilson@broadridge.com, Tel: +44 (0)7825 529652, Web: www.broadridge.com
CAPITOLIS
Capitolis is the technology company creating safer and more vibrant capital markets by unlocking capital constraints and enabling greater access to more diversified capital and investment opportunities. Rooted in advanced technology and deep financial expertise, Capitolis powers groundbreaking financial solutions that drive growth for global and regional banks – and institutional investors alike. Capitolis is backed by world class venture capital firms, including Canapi Ventures, 9Yards Capital, SVB Capital, Andreessen Horowitz (a16z), Index Ventures, Sequoia Capital, Spark Capital, and S Capital, as well as leading global banks such as J.P. Morgan, Citi, and State Street.
Contact: https://capitolis.com
CASSINI
Cassini’s Margin and Collateral analytics optimizes derivatives trading with intelligence-driven analytics, reducing risk, and enhancing returns. We facilitate margin calculation, lifetime cost assessment, and seamless integration with OMS, EMS, and Collateral systems for streamlined access to our analytics.
Our clients have realized significant benefits, such as boosted cash levels, reduced funding charges, and minimized exposure during stressed market. Cassini ensures margin requirement validation, effective risk management, regulatory compliance, and enhanced collateral resilience. Our holistic solution empowers you to navigate derivatives trading confidently and efficiently, making it an invaluable asset in today’s complex financial landscape.
Contact:
Frances Pickup, CFA
Sales, EMEA
+44 20 7082 6505
www.cassini.com
CLOUDMARGIN
CloudMargin created the world’s first cloud-based collateral and margin management workflow tool that centralises, connects, automates, and optimises collateral management from pre-trade analytics to settlement and reporting. The company’s Software-as-a-Service (SaaS) model helps leading financial institutions globally, including banks, asset management firms, pension funds, hedge funds, insurance companies, and asset servicers, reduce costs, mitigate risks, and increase the efficiency and effectiveness of collateral usage across the firm. Since 2015, CloudMargin has earned more than 25 industry awards and honours for innovation and best-in-class technology.
Contact:
cloudmargin.com, info@cloudmargin.com, Phone: +44 (0) 20 3882 8882
EQUILEND/STONEWAIN
The Spire Platform as a service solution, powered by Stonewain Systems, an EquiLend company, is a comprehensive (front-to-back) system for the securities finance industry, built using industry standard technology, provided as a service, and accessed using a private network connection. The service’s unsurpassed user experience, coupled with its powerful automation capabilities, maximizes staff efficiency, and brings together data and connectivity across various platforms, custody & stock record, reference data, settlement systems, depositories, and tri-party custodians, and other securities finance systems. It is thereby creating a central hub for all your securities finance functions. Through a web browser interface, the service facilitates its rapid and easy access.
Contact: chris.valentino@stonewain.com
FINOPTSYS
FinOptSys, developed by seasoned market practitioners, is a State-of-the-Art, cloud-based SaaS platform, built to sit seamlessly on top of any existing system. It is the first true peer-to-peer marketplace and incorporates patent-approved pre-trade analytics and decision-making within the platform that covers all securities financing products (securities lending, repo, swaps) across all asset types (including non-traditional/digital assets) from legal document and collateral schedule negotiation/digitization to seamless trade negotiation with all clients, counterparties and peers. The technology allows users for the first time to proactively manage their financial resources with greater optionality to decrease cost, increase both yield and asset utilization and seamlessly connect to new sources of liquidity.
Contact: https://www.finoptsys.com
FIS
The FIS® Securities Finance and Collateral Suite empowers global securities finance and collateral, optimized front to back all in one place. With unmatched connectivity to global securities finance and collateral market infrastructure, it provides access to the largest single community of borrowers and lenders in a common processing environment. The FIS Securities Finance Suite empowers clients to:
- unlock securities finance trading opportunities to increase revenue
- optimize trading and collateral allocations
- improve efficiency to reduce operational costs and risk
- reduce infrastructure complexity and TCO
For more information, please contact ted.allen@fisglobal.com
HELIX FINANCIAL SYSTEMS
Helix Financial Systems is a leading provider of securities finance and middle office software and services solutions to both the sell-side and buy-side fixed income Repo and equity Stock Loan trading communities. Manage and Finance all your inventory, cover shorts, manage collateral requirements, view counterparty exposure/risk, and support all SFT life cycle events in an entirely electronic system that is fully STP with the Repo and Stock Loan market places and participants.
Contact:
Eric Brandt, Director of Sales, +1-212-294-7752, ebrandt@helixfs.com
HQLAX
Frictionless, precise and real-time transfer of ownership of securities.
HQLAX is an innovative financial technology firm that leverages Distributed Ledger Technology (DLT) to bring game-changing efficiencies to the securities finance and repo industry.
Their core clients are banks and asset managers active in the global securities finance and repo markets, and their unique platform enables market participants to execute frictionless, precise and real-time transfer of ownership of securities.
The HQLAX platform is unique in coupling the benefits of DLT with existing triparty and custody infrastructure, making it easy for clients to improve their collateral mobility and avoid costly intraday liquidity.
Contact:
Elisa Poutanen, Head of Sales, elisa.poutanen@hqla-x.co
ION
Anvil is ION’s core solution for securities finance order management, execution and trade processing for repo, securities lending and collateral trading products, across sell side and buy side business workflows. It supports inventory position and availability management, connectivity to dealer to dealer, and dealer to client markets, and collateral and exposure management, credit and market risk, fee billing, P&L, fund allocations and transfer pricing calculations for fixed income and equity asset classes.
Built on the core principles of simplification, automation, operational efficiency, and functional depth, Anvil provides customers with an end-to-end integrated solution and unrivalled access to real-time data, freeing businesses from manual tasks and enabling them to focus on exception management and revenue generating activities.
Built from the ground up, using a modular and service-oriented architecture, Anvil offers flexibility to choose the services to use, as well as full horizontal and vertical scalability.
OSTTRA
The home of industry-shaping businesses MarkitServ, Traiana, TriOptima and Reset, OSTTRA (osttra.com) brings the expertise, processes and networks together to solve the post-trade challenges of the global financial markets. OSTTRA strengthens the post-trade infrastructure and ecosystem with robust and progressive end-to-end post-trade solutions and unrivalled connectivity.
OSTTRA Trade Processing for Repo automates the post-trade workflow from initial confirmation through the contract lifecycle, including allocations, amendments, re-rates and terminations. Built on our trusted OSTTRA MarkitWire platform, with its established network of 2,000+ firms, our solution centralises and streamlines Repo processing.
Trades confirmed by OSTTRA MarkitWire can be seamlessly viewed directly in OSTTRA triResolve portfolio reconciliation, ensuring the accuracy of Repo portfolios on a multilateral basis. Streamlined exception management drives standardisation of data for reconciliation, bringing improved efficiency, cost reduction and greater transparency between counterparties.
OSTTRA triResolve Margin provides an automated collateral workflow, from pledge through to payment and settlement, allowing customers to complete margin calls in seconds, not hours. With comprehensive support for multiple asset classes, all margin processing can be managed via a single dashboard. Full integration to OSTTRA triResolve, the market leading portfolio reconciliation and dispute resolution tools, ensures margin differences can be identified, and resolved, in real-time.
Contact: info@osttra.com
MATRIX APPLICATIONS
Matrix Applications is a New York-based fintech service bureau that offers a suite of collateral management, margining and clearing systems for institutional fixed income trading and equities securities lending. We are a team of capital markets and systems professionals delivering financial technology solutions to institutional firms since 2000. We work hands-on with our clients to identify an optimal mix of services to best fit their needs, from systems to back-office operations assistance.
Contact: Stephen Mellert, Head of Business Development, Stephen.Mellert@matrixapps.com
PIRUM
Pirum offers a secure, centralised automation and connectivity hub for international securities finance (Stock Loan and Repo), cleared and uncleared derivatives and other bilateral transactions. Pirum has over 100 employees supporting global clients with a physical presence in EMEA and North America.
Our services offer complete automation of the post-trade and collateral lifecycle and provide vital functionality to all actors in securities finance.
Across our global platform we reconcile hundreds of thousands of repo trades globally each day.
Our suite of services enables our clients to seamlessly affirm repo trade economics on a real time basis, communicate and resolve exceptions with counterparts, instruct tri-party agents and integrate services with a variety of other industry vendors.
Contact:
Telephone: +44 (0) 207 220 0968 / +1 917 565 8575, Email: connect@pirum.com
REPOPTIM
RepOptim effectively combines pre-trade analytics, post-trade analysis and real-time work flow management. All this whilst never breaching your security.
We optimise securities financing by applying the latest developments in AI, natural language processing and data science.
RepOptim is your control centre for securities financing. By leveraging Big Data and Natural Language Processing (NLP), RepOptim creates a perfect memory per security and enables you to run your business more efficiently. It was designed to integrate seamlessly with your existing infrastructure to complement your current workflows.
Contact: www.repoptim.com/
SMARTSTREAM
SmartStream’s TLM Collateral Management solution takes an exceptions-based approach, delivering comprehensive functionality that is fully compliant with regulation. It provides financial institutions with confidence in all aspects of their collateral management programmes, including margin call workflow automation, optimisation, reporting, audit and reconciliations across all business lines.
It can be deployed in the cloud, in a hosted environment or on-premise, all as a private installation without the commingling of data. This is inherently more secure, ensures greater performance, and allows the solution to be used with custom code tailored to each firm’s specific requirements. Additionally, a stable public API suite enables firms to connect seamlessly to upstream and downstream systems.
Contact:
trevor.negus@smartstream-stp.com, nicholas.dominy@smartstream-stp.com
TRANSCEND
Transcend is a financial technology company on a mission to help global market participants achieve the next-level of performance results. With innovative, modular solutions designed to enhance liquidity, funding, and collateral decisions, Transcend is quickly deployed to accelerate critical business strategies and goals.
As world-class banks, broker-dealers, asset managers and custodians continue to partner with Transcend, the Company has become the gold standard for inventory analytics, optimization, and automation within a business or across the enterprise.
Led by a global team of 145+ domain experts, Transcend addresses an array of complex financial, operational and regulatory concerns.
Contact: transcendstreet.com.
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