Northern Trust has partnered with global collateral management technology company CloudMargin to launch an enhanced active collateral solution designed to help institutional investors manage their collateral more efficiently.
According to a press statement, the solution will provide enhanced service capabilities, increased transparency on a real-time basis and platform resiliency, including automated asset selection based on flexible hierarchies, support of complex eligibility rules, access to real-time data through client portals, report write capabilities, and full end-to-end automation.
CloudMargin is the world’s first cloud-native collateral management workflow solution, combining process automation with flexible, real-time analytics and controls. More than 225 buy-side and sell-side institutions across the globe rely on CloudMargin to increase control, transparency, and resilience of their operations through automated, end-to-end collateral management processes.