Liquidity Alliance launches new platform
10 March 2016 Frankfurt
Image: Shutterstock
The Liquidity Alliance has rolled out a new browser-based customer platform.
The new platform aims to deliver greater transparency and improved management tools for collateral transactions.
The Liquidity Alliance claims that customers will get a clear, comprehensive overview of all their collateral management positions and activities.
“Collateral receivers are now able to view all their collateral profiles throughout the entire lifecycle of a trade, while collateral givers will have a consolidated overview of eligibility criteria and concentration limits for all baskets for active contracts across all counterparties,” stated a Liquidity Alliance brief on the launch.
“The Liquidity Alliance members can now offer their customers greater flexibility thanks to rule-based collateral baskets instead of having to rely on more static templates.”
Anthony van Eden of Strate, a Liquidity Alliance member, said: “This upgrade to the front-end solution for our collateral management services enables us to offer customers new services such as eligibility viewing and repo simulations.”
“The Liquidity Alliance has helped us to quickly implement state-of-the art collateral solutions for the South African market.”
Philippe Seyll, co-CEO of Clearstream Banking and head of global securities financing, said: “These new functionalities further boost the leading collateral management solution used by the Liquidity Alliance.”
“Its unique flexibility makes it suitable for all markets as it can be adapted to local volumes and regulatory requirements.”
The new platform aims to deliver greater transparency and improved management tools for collateral transactions.
The Liquidity Alliance claims that customers will get a clear, comprehensive overview of all their collateral management positions and activities.
“Collateral receivers are now able to view all their collateral profiles throughout the entire lifecycle of a trade, while collateral givers will have a consolidated overview of eligibility criteria and concentration limits for all baskets for active contracts across all counterparties,” stated a Liquidity Alliance brief on the launch.
“The Liquidity Alliance members can now offer their customers greater flexibility thanks to rule-based collateral baskets instead of having to rely on more static templates.”
Anthony van Eden of Strate, a Liquidity Alliance member, said: “This upgrade to the front-end solution for our collateral management services enables us to offer customers new services such as eligibility viewing and repo simulations.”
“The Liquidity Alliance has helped us to quickly implement state-of-the art collateral solutions for the South African market.”
Philippe Seyll, co-CEO of Clearstream Banking and head of global securities financing, said: “These new functionalities further boost the leading collateral management solution used by the Liquidity Alliance.”
“Its unique flexibility makes it suitable for all markets as it can be adapted to local volumes and regulatory requirements.”
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