Spurred by Uncleared Margin Rules, a global Broker-Dealer needed to analyze digitized agreements terms, perform what-if scenarios and proactively monitor exceptions. Additionally, they required a solution that would integrate easily with legacy systems and processes, yet quickly deliver results and ROI.
As a result, the firm selected Transcend’s Collateral Validation solution to solve their greatest challenges. With Transcend, the firm automated collateral eligibility, sufficiency & concentration limit validation for all counterparty collateral across business areas. As a result, the firm achieved better counterparty exposure management and overall risk reduction in addition to:
- Improved compliance
- Increased operational efficiencies
- Better client service
- Tight exposure management
- Global business coordination