Derivatives collateral management cloud technology provider CloudMargin has connected with TriOptima’s triResolve reconciliation service to facilitate OTC portfolio reconciliations.
CloudMargin collates, normalises, enhances and enriches data from a variety of sources and a variety of formats to submit data to triResolve in a timely fashion at minimal cost for clients.
“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 EMIR, whether that’s reconciling their portfolios, transmitting trade data to repositories, or connecting to clearing brokers,” says Stuart McHardy, managing director of product development and COO of CloudMargin. “I’m delighted that by offering our clients STP connectivity with triResolve, we are helping them to satisfy their regulatory requirements with minimal effort or investment on their part.”
“Far from just being a regulatory necessity, portfolio reconciliation is fundamental to efficient collateral management. TriOptima’s industry leading reconciliation services are the natural partner to CloudMargin’s intuitive and powerful dispute resolution tools,” adds Andy Davies, Cloudmargin's CEO and co-founder.