Two providers whose offerings are delivered via the cloud — Derivative Path and CloudMargin — have been collaborating to yield new links between Derivative Path’s DerivativeEdge platform for capital markets and risk management support, and CloudMargin’s cloud-native collateral management platform, officials say. The new automated alignment is intended to replace manual processes and workflow friction,… Read More >>
Firms Underestimate the Total Cost of Collateral
(The total cost of collateral is often underestimated because it extends beyond the direct cost of the assets themselves, explains Wassel Dammak, head of product strategy, collateral management at Vermeg, in a wide-ranging FTF News Q&A. The total cost of collateral encompasses three key components within any financial institution: technology, people, and processes, he adds…. Read More >>
Is Your Job to Make Your Job Obsolete?
Sometimes you are awakened by a concept that is so simple yet so stunning. Such was the case with the opening remarks of industry veteran Ted Leveroni, now a principal at DerivProduct, who kicked off the DerivOps conference last month in Chicago. Over the years, Leveroni has been chief commercial officer for DTCC — Euroclear… Read More >>
