In collateral management, no news is very good news

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The collateral management industry deserves congratulations for making almost no noise over the last few months. Nothing grabs headlines like a disaster, but the mainstream press has been remarkably quiet about collateral management functioning. Here’s what vendors, custodians, outsourcing managers and central securities depositories told Finadium on this topic for their new report, “The Impact of COVID-19 on Collateral Management.”

“The crisis is reinforcing our value proposition: clients are asking for more STP; more connected data; more scalable infrastructure; and reduced reliance on legacy systems.”

– BJ Marcoullier, Head of Sales, Transcend