As new regulations continue to promote the expanded use of collateral, for both cleared and non-cleared transactions, the importance of minimising manual processes continues to grow as a means of reducing operational risk and costs. This, however, presents a challenge to virtually all large dealers who, having invested heavily in the automation of collateral management processing, still rely on email and phone calls for a significant percentage of their client base who have not.
At CloudMargin, we have created a functionally rich, web-based collateral management platform designed to automate all communication between dealers and their clients. Through the introduction of CloudMargin, you are able to leverage your historical investments in various industry utilities to maximise STP, and reduce both cost and operational risk across your global client base. This is achieved without any significant further investment in your systems.
The CloudMargin platform enables you to leverage your past expenditure to automate ALL client collateral communications – irrespective of underlying instrument or asset class. A very significant reduction in both risk and cost is achieved through the eradication of a significant majority of the email, telephone or other bespoke communications that are so prevalent today. In addition to providing you and your clients with a highly innovative, functionally rich solution, CloudMargin also greatly enhances the client experience.
In summary, the CloudMargin platform offers you and your clients a highly secure, highly scalable solution with low initial investment. Furthermore, our web-based solution supports rapid implementation whilst, at the same time, avoiding costly upgrades.
Whilst no institutions are wholly immune from the impact of new regulations, many are exempt. This is not the case for a vast majority of banks, where collateral operations are under unprecedented pressure as they manage an increase in both the volumes and values of margin related activity. This at a time where they are under great pressure to reduce both risk and cost.
CloudMargin is the first web-based collateral workflow tool designed with not only the aforementioned twin objectives in mind, but designed to deliver them from inception without the need for costly and time-consuming implementation or integration projects.
CloudMargin is a highly intuitive, highly scalable collateral workflow tool. Irrespective of the instruments you trade, the collateral you use or the complexity of your account structures and eligibility requirements, CloudMargin allows you to manage your entire collateral programme on a single platform.
Furthermore, we virtually guarantee end to end automation with the market connectivity we provide to SWIFT, AcadiaSoft, DTCC and a host of other market utilities, Trade Repositories and Clearing Brokers.
In an environment where regulatory change is so important to all market participants, take control of your collateral management programme to achieve your goals of reducing risk and cost, in tandem. So, irrespective of how you manage your collateral today, CloudMargin will bring significant benefits to your organisation.