Lombard Risk and Razor Risk team up for margin calls
19 September 2016 London
Image: Shutterstock
Lombard Risk Management has strengthened its partnership with TMX Market Insights | Razor Risk with the launch of a new joint solution for margin calculation and analytics.
The product, known as ‘Colline Calcs’, will combine Lombard Risk’s flagship cross-asset collateral management software, Colline, with Razor Risk’s margin calculation technology and will be available from Q1 2017.
According to Lombard Risk, the software uses multiple internal or industry standard calculation models and takes into account existing portfolios and offset benefits as well as reducing the costs of sourcing eligible collateral. It also allows clients to validate the estimated margin calls from the central counterparty (CCP).
Clients can make pre-deal calculations within Colline ensuring effective risk measurement and control for improved profitability and efficiency ratios.
Helen Nicol, global product director for collateral solutions of Lombard Risk said: “The ability to obtain real-time initial and variation margin calculations for the validation of external or counterparty/broker/CCP marks will radically change the way our clients operate, providing greater analytics and perspectives for a competitive advantage.”
“We believe the partnership between Lombard Risk and Razor Risk provides an industry leading solution that gives greater accuracy and certainty in managing collateral margins and calculating solvency ratios.”
Peter Walsh, global head of sales, TMX Market Insights at Razor Risk said: “With Colline Calcs, financial services firms can make pre-deal calculations from within Colline providing effective risk measurement and control for improved profitability and efficiency ratios. We are pleased to formalise our relationship with Lombard Risk and look forward to bringing our offering to market.
The product, known as ‘Colline Calcs’, will combine Lombard Risk’s flagship cross-asset collateral management software, Colline, with Razor Risk’s margin calculation technology and will be available from Q1 2017.
According to Lombard Risk, the software uses multiple internal or industry standard calculation models and takes into account existing portfolios and offset benefits as well as reducing the costs of sourcing eligible collateral. It also allows clients to validate the estimated margin calls from the central counterparty (CCP).
Clients can make pre-deal calculations within Colline ensuring effective risk measurement and control for improved profitability and efficiency ratios.
Helen Nicol, global product director for collateral solutions of Lombard Risk said: “The ability to obtain real-time initial and variation margin calculations for the validation of external or counterparty/broker/CCP marks will radically change the way our clients operate, providing greater analytics and perspectives for a competitive advantage.”
“We believe the partnership between Lombard Risk and Razor Risk provides an industry leading solution that gives greater accuracy and certainty in managing collateral margins and calculating solvency ratios.”
Peter Walsh, global head of sales, TMX Market Insights at Razor Risk said: “With Colline Calcs, financial services firms can make pre-deal calculations from within Colline providing effective risk measurement and control for improved profitability and efficiency ratios. We are pleased to formalise our relationship with Lombard Risk and look forward to bringing our offering to market.
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