ACUO’s derivatives collateral management platform picks Trace Financial’s messaging tool

Trace Financial announced that ACUO is using Transformer as a component in its derivatives collateral management platform. Messaging requirements are considerable because many parties and services are involved, message complexity and variety is a key consideration. Key data structures need to be transformed several times to carry out the complete process.

While ACUO’s own platform would communicate via APIs and use JSON, they knew that a wide range of legacy data formats and standards would be required. Interoperability is a key feature of Transformer’s JSON capabilities, dramatically reducing the number of mappings that need to be created. The core ACUO solution has been built and is now being marketed, while additional features such as interfacing to a GLEI (Global Legal Entity Identifier) database are in development.

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