Euroclear has entered a partnership with technology company Transcend to introduce a joint collateral optimisation service. The central securities depository (CSD) reveals in a press release that the partnership will bring together its collateral management infrastructure and data with Transcend’s optimisation platform to address clients’ collateral optimisation needs.
“New regulatory requirements have made collateral optimisation a priority,” says Olivier Grimonpont, head of product management, market liquidity at Euroclear. Transcend’s optimisation platform “leverages data from dealers, triparty agents, securities depositories and other sources to allow for holistic optimisation across collateral venues and straight through processing of allocations and movements”. With it, clients will be able to configure optimisation scenarios and perform “what if” analyses on specific constraints.
Expected to launch in Q1 of 2025, the new service will be available through existing Euroclear connectivity.
