Collateral Validation Service News Today

<p><span>Transcend, a leading provider of liquidity, funding, and collateral technology solutions, has named Tom Garley Senior Product Specialist. Tom joins a rapidly growing Transcend team to identify and design product innovations that address the many challenges and inefficiencies in the collateral management space. As the market continues to evolve driven by increased demand on collateral and funding obligations, the addition of Garley will help ensure participants across this co...

<p><span>Transcend, a leading provider of collateral, liquidity, and funding solutions, and Acadia, a leading provider of integrated risk management services, have partnered to deliver an automated, comprehensive and independent Collateral Validation Service. This service allows the buy-side and broker-dealers to confidently manage the growing complexity and volume of margin activity driven by Uncleared Margin Rules (UMR). Transcend and Acadia’s Collateral Validation Servic...