Founder & CEO at Transcend Street Solutions Bimal Kadikar announced a partnership with one of the largest asset management firms (name undisclosed) to solve collateral inventory, liquidity and optimization challenges.
Faced with complex and growing securities financing requirements, the client chose Transcend as their new inventory and optimization platform. Transcend will provide automated pre-trade and post-trade financing recommendations supporting long and short activities. Transcend’s Eligibility, Inventory Management, Optimization, and Booking Service modules will be leveraged for this end-to-end solution.
“We are excited to bring our inventory management and optimization solutions to asset management clients who are looking for more sophisticated financing of their portfolios and customer activity,” said Bimal Kadikar, founder and CEO of Transcend on LinkedIn.