Hazeltree Responds to Client Demand for Determining UMR Compliance with Hazeltree AANA Estimator™
NEW YORK, May 05, 2021 (GLOBE NEWSWIRE) Hazeltree, the leading provider of integrated treasury management and portfolio finance solutions for investment managers, announced today the launch of Hazeltree AANA Estimator™ in response to client demand. By September 2022 an estimated 1,000 buy-side firms may meet the threshold for regulatory UMR (Uncleared Margin Rule) Phases 5 or 6 compliance. AANA (Average Aggregate Notional Amount) is the metric which determines whether a firm falls within the scope of the mandate. Hazeltree’s AANA Estimator can utilize a firm’s internal data, or data from their counterparties, to perform this critical calculation. Hazeltree AANA Estimator is available immediately as a dynamic widget within Hazeltree’s collateral management solution.