Pacific Life Insurance Taps Calypso for Collateral Optimization

In the US, Dodd-Frank-based regulation has increased the focus on collateral management, as firms have to comply with added requirement around margin calls for over-the-counter (OTC) derivatives transactions. With the Calypso Collateral Management tool, Pacific Life will replace a number of largely manual legacy processes by an automated management system that allows for a better optimization of collateral allocation thanks to its real-time, centralized collateral inventory system.

“In Calypso, we have a solution that dramatically automates our collateral process and enables greater visibility of inventory across the organization while preserving our current technology infrastructure,” says Dominic Faso, head of treasury and investment operations at Pacific Life.