Cloud-based collateral management specialist CloudMargin has announced that it has connected to TriOptima, in order to handle reconciliations.
The provider has established a link with triResolve, which will enhance its post-trade offering through collating and enriching data from a variety of sources, then linking it with the reconciliations process through the Icap-owned vendor's product.
"Clients are increasingly looking for state of the art collateral management systems that can simultaneously help them to comply with their obligations under Dodd-Frank or the European Market Infrastructure Regulation, whether that's reconciling their portfolios, transmitting trade data to repositories, or connecting to clearing brokers," says Stuart McHardy, MD of product development and COO at CloudMargin. "I'm delighted that by offering our clients straight-through processing connectivity with triResolve, we are helping them to satisfy their regulatory requirements with minimal effort or investment on their part."
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