Liquidity Alliance launches new platform
10 March 2016 Frankfurt
Image: Shutterstock
The Liquidity Alliance has rolled out a new browser-based customer platform.
The new platform aims to deliver greater transparency and improved management tools for collateral transactions.
The Liquidity Alliance claims that customers will get a clear, comprehensive overview of all their collateral management positions and activities.
鈥淐ollateral receivers are now able to view all their collateral profiles throughout the entire lifecycle of a trade, while collateral givers will have a consolidated overview of eligibility criteria and concentration limits for all baskets for active contracts across all counterparties,鈥� stated a Liquidity Alliance brief on the launch.
鈥淭he Liquidity Alliance members can now offer their customers greater flexibility thanks to rule-based collateral baskets instead of having to rely on more static templates.鈥�
Anthony van Eden of Strate, a Liquidity Alliance member, said: 鈥淭his upgrade to the front-end solution for our collateral management services enables us to offer customers new services such as eligibility viewing and repo simulations.鈥�
鈥淭he Liquidity Alliance has helped us to quickly implement state-of-the art collateral solutions for the South African market.鈥�
Philippe Seyll, co-CEO of Clearstream Banking and head of global securities financing, said: 鈥淭hese new functionalities further boost the leading collateral management solution used by the Liquidity Alliance.鈥�
鈥淚ts unique flexibility makes it suitable for all markets as it can be adapted to local volumes and regulatory requirements.鈥�
The new platform aims to deliver greater transparency and improved management tools for collateral transactions.
The Liquidity Alliance claims that customers will get a clear, comprehensive overview of all their collateral management positions and activities.
鈥淐ollateral receivers are now able to view all their collateral profiles throughout the entire lifecycle of a trade, while collateral givers will have a consolidated overview of eligibility criteria and concentration limits for all baskets for active contracts across all counterparties,鈥� stated a Liquidity Alliance brief on the launch.
鈥淭he Liquidity Alliance members can now offer their customers greater flexibility thanks to rule-based collateral baskets instead of having to rely on more static templates.鈥�
Anthony van Eden of Strate, a Liquidity Alliance member, said: 鈥淭his upgrade to the front-end solution for our collateral management services enables us to offer customers new services such as eligibility viewing and repo simulations.鈥�
鈥淭he Liquidity Alliance has helped us to quickly implement state-of-the art collateral solutions for the South African market.鈥�
Philippe Seyll, co-CEO of Clearstream Banking and head of global securities financing, said: 鈥淭hese new functionalities further boost the leading collateral management solution used by the Liquidity Alliance.鈥�
鈥淚ts unique flexibility makes it suitable for all markets as it can be adapted to local volumes and regulatory requirements.鈥�
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