Global Broker-Dealer achieves client collateral validation for derivatives exposure, reducing risk

Summary

Spurred by Uncleared Margin Rules, a global Broker-Dealer needed to analyze digitized agreements terms, perform what-if scenarios and proactively monitor exceptions. Additionally, they required a solution that would integrate easily with legacy systems and processes, yet quickly deliver results and ROI.

As a result, the firm selected Transcend’s Collateral Validation solution to solve their greatest challenges. With Transcend, the firm automated collateral eligibility, sufficiency & concentration limit validation for all counterparty collateral across business areas. As a result, the firm achieved better counterparty exposure management and overall risk reduction in addition to:

• Improved compliance
• Increased operational efficiencies
• Better client service
• Tight exposure management
• Global business coordination