Next step for NEX and MKP
27 February 2018 London
Image: Shutterstock
Financial technology company NEX has expanded its agreement with MKP Capital Management (MKP), a New York-based hedge fund.
NEX will provide MKP with its ENSO Core and Exposure Management capabilities, as well as triResolve Margin, its web-based portfolio reconciliation and collateral management service.
ENSO Core’s Exposure Management tool will be enriched by over-the-counter (OTC) data directly from triResolve and triResolve Margin.
NEX suggested that the combination leverages the capabilities of two services to create a consolidated view of exposure, margin and treasury activity across PB, cleared and OTC portfolios, facilitating next-generation analytics and process efficiency.
The expanded service will enable MKP to make more informed investment decisions and realise efficiencies across the trade lifecycle.
Ken Pigaga, CEO of NEX Optimisation, said: “NEX has seen a significant uptick in the adoption of its services that help clients manage the increase in margin call volume and complexity new regulations have generated.”
“The suite of services we are now providing to MKP showcases NEX’s broad range of capabilities available to the buy-side looking for customised workflows to make their processes more effective in this new regulatory era. We look forward to bringing those critical efficiencies to MKP’s treasury management function.”
NEX will provide MKP with its ENSO Core and Exposure Management capabilities, as well as triResolve Margin, its web-based portfolio reconciliation and collateral management service.
ENSO Core’s Exposure Management tool will be enriched by over-the-counter (OTC) data directly from triResolve and triResolve Margin.
NEX suggested that the combination leverages the capabilities of two services to create a consolidated view of exposure, margin and treasury activity across PB, cleared and OTC portfolios, facilitating next-generation analytics and process efficiency.
The expanded service will enable MKP to make more informed investment decisions and realise efficiencies across the trade lifecycle.
Ken Pigaga, CEO of NEX Optimisation, said: “NEX has seen a significant uptick in the adoption of its services that help clients manage the increase in margin call volume and complexity new regulations have generated.”
“The suite of services we are now providing to MKP showcases NEX’s broad range of capabilities available to the buy-side looking for customised workflows to make their processes more effective in this new regulatory era. We look forward to bringing those critical efficiencies to MKP’s treasury management function.”
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