ED&F Man Capital Markets has adopted TS Imagine’s real-time risk, compliance and margin platform.
ED&F Man Capital Markets will now be able to manage initial and variation margin risk for SPAN and VaR based methodologies across its futures and options trading and clearing business.
Data management, unoptimised workflows and the complexity of managing multiple systems led ED&F Man Capital Markets to seek out a new risk and margin management solution. Following the success of the TS Imagine platform at clearers and prime brokers, and anticipating the need to upgrade their systems, ED&F Man Capital Markets selected TS Imagine’s fully hosted SaaS solution. The FCM has already seen improvements to data management, aggregation and reporting capabilities since deploying the platform.
Stephen Hood, Global COO and Global Chief Risk Officer, at ED&F Man Capital Markets, says: “We needed a single platform that would enhance our ability to serve clients remotely, support business growth and relieve the pain points of managing three systems for stress tests, margin and end of day risk, and reconciling data and workflows. TS Imagine’s platform displays our risk, profit and loss and margin analytics side-by-side, while lowering our total cost of ownership across exchange and OTC trading.
“The excellent work of both the TS Imagine and ED&F Man Capital Markets teams has allowed us to successfully deliver on a reduced timeline to integrate, test and go live with the new platform within a few months.”
Andrew Morgan, Chief Revenue Officer at TS Imagine, says: “Client expectations and market conditions have pushed clearing firms to accelerate the transformation of their legacy systems. In parallel, firms are looking for ways to more efficiently manage risk and margin as their clients continue to demand greater levels of transparency. Our platform is designed to solve these challenges and we are delighted that it has been selected by ED&F Man Capital Markets as the foundation of their future-proof technology strategy.”
