Derivative Path, a technology-led advisory firm, and CloudMargin, a collateral management platform provider, have announced a partnership to deliver a unified front-to-back workflow for over-the-counter (OTC) derivatives and collateral management.
The collaboration involves an integration between Derivative Path’s DerivativeEDGE, a cloud-based OTC derivatives software-as-a-service (SaaS) platform, and CloudMargin’s automated collateral management SaaS platform. Once implemented, the integration will enable an end-to-end workflow covering everything from trade execution to margin settlement in one unified, automated environment.
Access will be through a single sign-on, and data handoff between the two platforms will be automated. These features allow faster onboarding, reduced manual reconciliation, and greater ease in meeting compliance and reporting obligations. The legal data already housed in DerivativeEDGE can be ported into CloudMargin, reducing implementation timelines and setup friction.
Banks and buy-side institutions are the integration’s main targets. Zack Nagelberg, chief growth officer at Derivative Path describes the collaboration as an example of “what true complementarity looks like in capital markets technology”, enabling the removal of workflow friction while increasing control, transparency, and scalability.
