Cassini, a provider of front-to-back margin and collateral analytics and optimisation tools for derivatives and prime brokerage clients, has added to its platform’s capability to replicate PB margin across various policy types, as well as introducing a stress testing feature that fortifies hedge funds against forced liquidation events.
By expanding coverage across more PBs to include stress-based, value-at-risk (VaR) and rule-based models, combined with new stress testing capabilities, Cassini says it is democratising access to critical buy-side treasury and risk solutions. These developments will allow firms to enhance operational and liquidity risk controls.
In a press statement, Thomas Griffiths, Head of Product at Cassini, said: “We are continually enhancing our products to prepare the industry for future market events and regulations. This development for hedge funds will enable them to take charge of their margin and collateral costs and ensure liquidity in volatile markets.
“Transparency into margin and collateral requirements is key; these newly released enhanced analytics allow hedge funds to understand the drivers of their margin, reconcile margin calls and, importantly, fulfil fiduciary responsibilities to their investors.”
