Clearstream, Pirum Offer Collateral Interoperability
Clients can automate the calculation, matching, submission and validation of collateral requirements.
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Clients can automate the calculation, matching, submission and validation of collateral requirements.
The custodian is developing initial margin services around the world.
Pirum Announces An Extension To Their CollateralConnect Service To Include All Bilateral Transactions Date 15/04/2021 As part of its FutureTech Initiative Pirum announces an extension to their CollateralConnect Service to include Bilateral transactions, enabling clients to expand their collateral management oversight. With this product expansion, CollateralConnect now gives clients the ability to manage all their triparty and Bilateral secured financing trades in a single platform. CollateralConnect addresses the challenge firms face in moving away from a siloed approach to colla...