Northern Trust Offers Collateral Management Through CloudMargin

Northern Trust has collaborated with CloudMargin to launch what it says is an enhanced active collateral solution aimed at helping investors manage their collateral more efficiently and flexibly.

The bank says the solution will provide enhanced service capabilities, increased transparency on a real-time basis and platform resiliency. This includes automated asset selection based on flexible hierarchies, support of complex eligibility rules, access to real-time data through client portals, report write capabilities, and full end-to-end automation.

“Our clients must be strategic and nimble in managing their investment portfolios, including collateral management, to optimise asset deployment and minimize performance drag,
says Nadia Ivanova, head of business services, Northern Trust Asset Servicing. “Our advanced, digitised solutions can help clients achieve this objective – minimising the value of assets that need to be tied up as collateral and managing counterparty exposure effectively.”

Stuart Connolly, CEO of CloudMargin, adds, “[Our] purpose-built collateral platform is continuously updated, enhanced and maintained. Northern Trust clients will benefit from full automation in their collateral workflow, and unprecedented levels of transparency.”