The link expands GlobalCollateral’s Margin Transit Utility (MTU) to the cloud, allowing CloudMargin to introduce automation to the collateral lifecycle. The agreement makes CloudMargin the first technology provider to join the firm’s partner program.
GlobalCollateral is a joint venture between The Depository Trust and Clearing Corporation and Euroclear. The link—which is expected to go live in the fourth quarter of 2017—streamlines the processes involved in margin and collateral settlement for
Also: Trading Technologies is developing an OMS for the sell side and Orbital Insight is embracing a platform-as-a-service model.Subscribe to Weekly Wrap emails
- Wavelength Podcast Episode 141: Brexit and Blockchain and Data, Oh My
- Nasdaq, User Groups Fire Opening Salvoes in Looming Battle Over SIP Data Fees
- JPX Mulls Pooling Content into Data Lakes
- Alt Data’s Ethical Day of Reckoning
- Wavelength Podcast Episode 142: AWS Talks Cloud Adoption in the Capital Markets