Euroclear and Transcend work on joint collateral optimisation service
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Euroclear and Transcend work on joint collateral optimisation service 13 November 2024Belgium Reporter: Daniel Tison
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Euroclear has partnered with Transcend to launch a joint collateral optimisation service in the first quarter of 2025.
The service aims to bring together Euroclear’s collateral management infrastructure and data with Transcend’s optimisation platform to address clients’ collateral optimisation needs.
Available through existing Euroclear connectivity, the new service will integrate critical data for smart decision-making and settle optimised collateral allocations, the firm says.
Transcend’s technology will enable clients to configure optimisation scenarios, including external collateral pools to determine the best collateral use at Euroclear and perform what-if analyses on specific constraints.
Olivier Grimonpont, head of product management, Market Liquidity, at Euroclear, says: “New regulatory requirements have made collateral optimisation a priority for dealers. This new service brings to the market the combined expertise of Euroclear and Transcend.
“Euroclear’s collateral management experience and robust infrastructure, combined with Transcend’s optimisation and booking technology, offers an unparalleled solution to meet our clients’ needs for collateral optimisation.”
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