Transcend Launches Dedicated Service To Help UK Insurers Meet New PRA Collateral Stress Testing Requirements
Transcend Launches PRA Collateral Stress Testing Service for UK Insurers
NEW YORK AND LONDON — Transcend, a leader in collateral and liquidity optimization technology, today announced the launch of a specialized service designed to help UK insurance firms meet the Prudential Regulation Authority’s (PRA) new collateral stress testing requirements outlined in CP19/24.
The PRA’s proposed rules introduce stricter requirements for understanding, monitoring, and projecting collateral needs under stressed market conditions. With compliance required by September 30, 2026, insurers are facing significant data, modeling, and operational challenges that most existing systems are not built to handle.
Transcend’s new service gives insurers a complete, purpose-built framework to satisfy these requirements without adding strain to internal systems or teams. The service combines Transcend’s data integration and optimization engine with targeted workflows supporting the PRA’s expectations on scenario design, collateral projection, and liquidity impacts.
“Insurance firms are under pressure to comply with evolving regulatory standards while maintaining increasingly complex market-driven collateral demands,” said Bimal Kadikar, CEO of Transcend. “Our goal is to give insurers a fast, reliable way to meet the PRA’s expectations while improving their visibility and control over collateral under stress.”
Key Capabilities
- Automated collection, validation, and enrichment of collateral and exposure data across booking systems, custodians, and investment portfolios
- Scenario-based modeling aligned with the PRA’s expectations in CP19/24
- Forward-looking projections of collateral needs and liquidity impacts under stress
- Identification of shortfalls and optimization opportunities
- Role-based reporting for risk teams, senior management, and boards
- Optional integration with Transcend’s enterprise collateral optimization platform for firms seeking broader transformation
“Regulation is tightening, timelines are short, and insurers need a partner fluent in both the technical and operational realities of these complex new requirements,” said Todd Hodgin, CPO of Transcend. “This service gives firms an immediate path to compliance while laying the groundwork for broader, long-term efficiency gains.”
The solution is designed to meet UK PRA requirements while also supporting global insurers seeking clearer visibility into how collateral needs shift under market stress. This level of insight enables faster, better-informed decisions around liquidity, risk management, and operational readiness.
Readiness Checklist
Preparing for PRA collateral stress testing can be complex.
Click here to download our Readiness Checklist for PRA Collateral Stress Testing.
About Transcend
Transcend delivers innovative technology solutions that help market participants optimize collateral, improve liquidity management, and streamline post-trade operations. With clients across the buy side and sell side, Transcend provides a unified platform for data, analytics, and workflow automation.
For more information, please contact:
christopher.gohlke@transcendstreet.com
