Advent Launches collateral management toolkit
10 September 2012 Las Vegas
Image: Shutterstock
Advent Software has launched a new Interest Rate Swaps (IRS) package for the Syncova(R) platform.
The IRS package is a set of collateral management tools designed to help buy- and sell-side firms address new US and European regulations related to the over-the-counter (OTC) derivatives market.
Together, the tools aim to deliver more automation and control to firms facing managing multiple central counterparties (CCPs), and Derivatives Clearing Members (DCMs).
"The new regulations will have a lasting impact on how the buy-side conducts business," said Liam Huxley, vice president of business development, Advent Software.
"The new capabilities within Syncova(R) will help firms be compliant with these regulations and manage their collateral more effectively while putting them in a stronger position to leverage the new transparency and competition among CCPs for the long-term."
The IRS package is a set of collateral management tools designed to help buy- and sell-side firms address new US and European regulations related to the over-the-counter (OTC) derivatives market.
Together, the tools aim to deliver more automation and control to firms facing managing multiple central counterparties (CCPs), and Derivatives Clearing Members (DCMs).
"The new regulations will have a lasting impact on how the buy-side conducts business," said Liam Huxley, vice president of business development, Advent Software.
"The new capabilities within Syncova(R) will help firms be compliant with these regulations and manage their collateral more effectively while putting them in a stronger position to leverage the new transparency and competition among CCPs for the long-term."
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
