Baton Systems Integrates With LCH To Deliver End-To-End Automation Of The Collateral Workflow Date
06/05/2021
Baton Systems (“Baton”), a provider of post-trade solutions for financial markets, has integrated with LCH, a leading global clearing house, to automate the end-to-end collateral workflow for derivatives participants. J.P. Morgan will be the first of Baton’s clients to manage their collateral at LCH using the Baton platform. The partnership expands Baton’s network of central counterparties (CCPs) that now includes several of the world’s largest exchange operators.
Baton’s shared permissioned ledger integrates with existing collateral and cash systems of external providers, including CCPs and custodians, to enable real-time visibility and accelerated movement of assets.