ING launch synthetics PB platform for buy side
08 December 2016 New York
Image: Shutterstock
ING Capital Markets has launched a synthetic prime brokerage platform to address hedge funds’ demand for cross-asset portfolio swap products.
The platform will manage and execute all balance sheet, back office and administrative functions associated with derivatives exposure to equities.
Functionality will be built out to include fixed income and additional asset classes at a later date.
ING has traditionally offered its alternative investment management clients synthetic portfolio solutions through its legacy contract-for-differences platform.
Michael Baudo, global head of securities finance and regional head of financial markets for the Americas at ING Capital Markets, said: “We offer the flexibility of a multi-asset portfolio swap which is operationally efficient, streamlined and provides additional collateral and portfolio margin benefits.
“We are excited to launch a platform that differentiates itself and adds value to clients while drawing upon the more than 20 years of experience our team has been providing securities finance solutions to the market.”
The platform will manage and execute all balance sheet, back office and administrative functions associated with derivatives exposure to equities.
Functionality will be built out to include fixed income and additional asset classes at a later date.
ING has traditionally offered its alternative investment management clients synthetic portfolio solutions through its legacy contract-for-differences platform.
Michael Baudo, global head of securities finance and regional head of financial markets for the Americas at ING Capital Markets, said: “We offer the flexibility of a multi-asset portfolio swap which is operationally efficient, streamlined and provides additional collateral and portfolio margin benefits.
“We are excited to launch a platform that differentiates itself and adds value to clients while drawing upon the more than 20 years of experience our team has been providing securities finance solutions to the market.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
