Euroclear announced the official launch of its collateral optimization service, which combines its collateral management experience, data and infrastructure with Transcend’s platform.
The demand for collateral is increasing, driven by a combination of factors including regulatory change, central clearing and margin requirements, the growth of securities financing transactions and the need for liquidity and balance sheet management. The efficient use of collateral through collateral optmization has correspondingly increased in significance and become a necessity.
“The Euroclear Collateral Optimisation Service brings Euroclear’s collateral optimization offering to the next level. It enables you to define an optimization scenario, run an optimization algorithm on your scenario, analyze the results and if you like what you see, execute the strategy,” Euroclear posted on Linked In.
Read our recent interview with Transcend’s CEO Bimal Kadikar