Large global investment firm chooses Adenza’s fully integrated UMR-compliant collateral and clearing solution
Calling it “the clear choice”, a prestigious investment firm futureproofs its front and middle office systems with Adenza’s Calypso collateral management solution.
Compelling event and decision drivers
Organizations are investigating unified solutions for treasury, collateral management, and clearing in response to a dynamic landscape. New regulations for cleared and uncleared trades are being introduced and market-wide changes such as the LIBOR transition and a focus on ESG are occurring. Dissatisfied with its non-scalable legacy processes that could not incorporate new regulatory requirements, this firm sought a trusted partner to achieve three main objectives:
- Streamline processes in a post-Covid new normal in which more work is done remotely, and systems must be technology-forward
- Increase efficiencies with a unique front-to-back (FTB) solution
- Seamlessly comply with evolving regulatory changes to collateral, margins, and clearing
Adenza’s Calypso Collateral Management Solution
More than 100 organizations across the globe, including banks, central banks, insurance companies, asset managers, CCPs, and exchanges, use Calypso’s margin and collateral management solutions to manage thousands of margin calls every day. This includes listed and OTC derivatives, as well as repo and securities lending transactions.
Our solution delivers a unique combination of functionalities on a truly integrated, open, and modern technology stack. Providing a single inventory for trades, cash, and security positions, it connects to treasury and investment desks in real time. Live settlement information is updated from its back-office layer and STP rates are the highest in the industry. Collateral teams benefit from access to transparent, intraday valuation thanks to integration with the solution’s front office functionality, while the front office gains access to pre-trade margin checks. Key capabilities define the platform to opportunity:
The benefits
Investing in Adenza’s Calypso solution satisfies this client’s desire for efficiency and flexibility. The strategic approach to margin and collateral yields:
- Business efficiencies – due to trading/clearing/collateral management integration with a single, shared, real-time asset inventory
- Modernization – due to cloud-enabled technology and application management
- Futureproofing – due to proactive regulatory coverage across jurisdictions
The investment firm achieves end-to-end transparency and is now ideally positioned to optimize their processes, maximize efficiencies, and confidently comply with changing regulations.
With the most robust functionality, Adenza’s Calypso platform was the clear leader. We were presented with the unique opportunity to have one end-to-end solution for derivatives and collateral.
- Client, Global Investment Firm
It is immensely gratifying to partner with a prestigious investment firm for collateral, clearing, and margin needs. From front-to-back-office capital markets solutions to collateral management and treasury, we deliver a journey from platform to opportunity so that our clients thrive in a quickly changing environment. With the Calypso-AxiomSL merger, we look forward to delivering further capabilities that enable clients to grow their businesses while optimizing costs and risks.
- Gil Guillaumey, Head of Strategy, Capital Market Solutions, Adenza
