Transcend expands platform offerings to Nomura
30 January 2025 US
Image: Vittaya_25/stock.adobe.com
Transcend has expanded its partnership with Nomura to implement cash and collateral management modules.
By harmonising operational systems and data in one platform, Nomura aims to position itself to better manage and optimise its collateral, funding, and liquidity across its Global Markets business.
Bimal Kadikar, CEO and founder of Transcend, says: “With the implementation of new services across business areas, we are realising the vision of a single, unified platform for optimising collateral, funding, and liquidity across the firm.”
Transcend and Nomura first partnered in 2019 to improve collateral operations and eligibility validation processes for bilateral derivatives.
The partnership has since expanded to include optimised collateral allocations with multiple triparty agents.
The Transcend platform enables users to make collateral allocation decisions using a variety of factors such as haircut, asset quality, and funding maturity.
Following these engagements, Nomura made a strategic investment in Transcend in 2023.
The relationship is now further expanding to include inventory management, sources and uses, as well as intraday liquidity monitoring capabilities.
Anthony Kowalski, chief operating officer of global rates at Nomura, adds: “Optimising collateral and financial resources is a competitive advantage in today’s global financial economy.
“With Transcend, we have delivered value along each step of the way and are really excited about where we are headed.”
By harmonising operational systems and data in one platform, Nomura aims to position itself to better manage and optimise its collateral, funding, and liquidity across its Global Markets business.
Bimal Kadikar, CEO and founder of Transcend, says: “With the implementation of new services across business areas, we are realising the vision of a single, unified platform for optimising collateral, funding, and liquidity across the firm.”
Transcend and Nomura first partnered in 2019 to improve collateral operations and eligibility validation processes for bilateral derivatives.
The partnership has since expanded to include optimised collateral allocations with multiple triparty agents.
The Transcend platform enables users to make collateral allocation decisions using a variety of factors such as haircut, asset quality, and funding maturity.
Following these engagements, Nomura made a strategic investment in Transcend in 2023.
The relationship is now further expanding to include inventory management, sources and uses, as well as intraday liquidity monitoring capabilities.
Anthony Kowalski, chief operating officer of global rates at Nomura, adds: “Optimising collateral and financial resources is a competitive advantage in today’s global financial economy.
“With Transcend, we have delivered value along each step of the way and are really excited about where we are headed.”
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