LONDON and NEW YORK, Jan. 6, 2022 /PRNewswire/ VERMEG, a specialized software house providing Banking, Capital Markets, Insurance and Digital solutions, and Cassini Systems, the leading provider
/PRNewswire/ VERMEG, a specialized software house providing Banking, Capital Markets, Insurance and Digital solutions, and Cassini Systems, the leading.
<p><span>VERMEG, a specialized software house providing Banking, Capital Markets, Insurance and Digital solutions, and Cassini Systems, the leading provider of pre- and post-trade margin and collateral analytics for derivatives markets, have partnered to assist financial institutions in complying with Initial Margin (IM) requirements for uncleared over-the-counter (OTC) derivatives, exchange-traded derivatives (futures and options) and prime brokerage. VERMEG has integrated Cassini’s margin analytics platform into its COLLINE collateral suite, giving its clients a powerful new tool for achieving cost efficiencies and helping to meet requirements of the Uncleared Margin Rules (UMR).</span></p>
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<li><span><b><span>Mike Bodson, President and Chief Executive Officer</span></b><span> </span></span></li>
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<p><span>In 2022, we expect to see more asset classes evolve into digitized forms, which will create opportunities for firms like DTCC to support market transformation by creating the infrastructure to enable their safe and efficient processing. Market infrastructures are best placed to mitigate the operational and counterparty risks related to digital assets by establishing governance models and standardized post-trade processes, which will be critical to developing deep, liquid and efficient markets and promoting greater investor and regulatory confidence.</span></p>
<p><span>Refinitiv FXall (FXall) has expanded FX traders’ access to cleared workflows for FX OTC trades by building connectivity to LCH ForexClear from Settlement Center, FXall’s post-trade processing platform. This change gives FXall users a streamlined and quicker way of clearing NDF trades through LCH ForexClear.</span></p>