The 2008 financial crisis and the years following had a drastic impact on collateral management and elevated the importance of its operations as evidenced by many firms’ initiatives to create operational and technological efficiency in collateral management. As a result, collateral management is one of the few functions that is making a dramatic shift from the back office to the front office—a key evolution in a post-COVID-19 pandemic world.
An OTC Space interview with Scott Fitzpatrick, COO for Acadiasoft. Discussing and learning more about Acadiasoft's newly launched UMR Collateral Suite. Below is the list of questions in the inteview, which you can also watch below:
Sber is to use Natural Language Processing (NLP) to improve its Centre for Corporate Solutions (CCS) and save over 7,000 hours of time spent on calls every month.
The single work space (SWS) system for operators has added a service using NLP, which transcribes the voice of callers into text in real time, analyses and classifies the query, finds the required information, and advises the operator on how to help the customer.
THETA, the specialist provider of buy-side trading technology as a service, has been accepted onto the Microsoft for Startups programme.
Through this programme, THETA will continue to build a strategic collaborative technology partnership with Microsoft. With access to a variety of Microsoft technical and business resources including partners and tools, the firm will continue to build and scale its business and service offerings covering cloud technology, best practice, and business development.
CFH, the prime of prime broker, has joined the Gold-i Matrix NETwork, extending its liquidity coverage to include Hedge Funds and Asset Managers.
Through Matrix NET, CFH can offer a direct connection to a Fund Manager via FIX API, providing trading transparency, P&L visibility, and reporting.
Banco Monex has become the first Latin American third-party service provider of CLS’s payment-versus-payment (PvP) FX settlement service, CLSSettlement.
Banco Monex has been a CLSSettlement member since 2018 and now is enabling its clients to participate as third parties, helping them to mitigate settlement risk while significantly enhancing liquidity efficiencies for the Mexican market.